Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree
Not Now

AORA

AORA automates opinions by codifying legislation to provide legal opinions efficiently, cost-effectively, at scale and in a format and style indistinguishable from those produced by human experts.

£ 786,000
10 Days left

131% of minimum goal raised

Lead investor: David Little

Minimum Target

£ 600,000

Minimum investment amount

£ 10,000

Maximum Target

£ 1,499,995

Maximum investment amount

£ 1,499,994
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Investment Opportunity

AORA is a leader in computational law, providing Opinion Automation. Our unique selling point (USP) is that we can codify legislation, case law, guidance and policy of great complexity, providing a reasoned opinion to a specific question for which the law has been modelled. Our automation determines legal opinions efficiently, cost-effectively, at scale and in a format and style indistinguishable from those produced by human experts. The value for the legal or tax practitioner (or in-house counsel) is being able to benefit the broader community with a rapid turnaround of opinions at a lower cost; take on complex cases; reduce the risk of errors - all the while using familiar technology.

LIVE PITCHING

AORA at Angels Den's AI/ML Pitching Event

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THE IDEA
Products & Services

We automate one of a legal practitioner's tasks - gathering facts, determining a legal opinion by applying relevant legislation and case law to the question raised (e.g. is this structure REIT compliant?) and presenting the opinion with substantiating legal arguments and citations. Our first product is AORA Nationality, modelling the nationality laws of the UK and Ireland. This product is complete and in commercial use.
The next product, under development, is AORA Tax - targeting segments of corporate tax law that are complex, dense and equally have heavy tax compliance and audit implications, for example, UK REIT qualification, Corporate interest restriction rules and Anti—Hybrid rules.

Problem Solved

High-quality legal advice is difficult to come by and, unfortunately, laws and regulations are becoming increasingly complicated, voluminous, and difficult to navigate. People and businesses need legal opinions on a variety of issues often in a hurry, but a large proportion does not have access to, or are priced out of, quality, tailored legal advice. AORA addresses this issue by applying a ground-breaking technology, machine-readable law, to enable legal and tax practitioners to provide legal opinions efficiently, cost-effectively, and at scale. We believe that AORA has the greatest impact in areas of great complexity, where the cost of non-compliance and/or incorrect legal advice is high.

Revenue Model

There are three sources of revenue:
Product subscription fees - recurring per user fees for opinion applications built and maintained by AORA. The products are designed for self-setup, self-enrolment of users, self-training, automated collection of fees from the bank and low administration.
License subscription fees - recurring fees for third parties to use the AORA low-code Platform to create opinion automations. These applications are for in-house use (e.g. within investment banks), or rented to other providers of professional services.
Professional Services Fees - periodic fees for consulting and supporting the third parties to develop their products on the AORA Platform.

Exit Strategy
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The Idea

Products & Services

We automate one of a legal practitioner's tasks - gathering facts, determining a legal opinion by applying relevant legislation and case law to the question raised (e.g. is this structure REIT compliant?) and presenting the opinion with substantiating legal arguments and citations. Our first product is AORA Nationality, modelling the nationality laws of the UK and Ireland. This product is complete and in commercial use.
The next product, under development, is AORA Tax - targeting segments of corporate tax law that are complex, dense and equally have heavy tax compliance and audit implications, for example, UK REIT qualification, Corporate interest restriction rules and Anti—Hybrid rules.

Problem Solved

High-quality legal advice is difficult to come by and, unfortunately, laws and regulations are becoming increasingly complicated, voluminous, and difficult to navigate. People and businesses need legal opinions on a variety of issues often in a hurry, but a large proportion does not have access to, or are priced out of, quality, tailored legal advice. AORA addresses this issue by applying a ground-breaking technology, machine-readable law, to enable legal and tax practitioners to provide legal opinions efficiently, cost-effectively, and at scale. We believe that AORA has the greatest impact in areas of great complexity, where the cost of non-compliance and/or incorrect legal advice is high.

Revenue Model

There are three sources of revenue:
Product subscription fees - recurring per user fees for opinion applications built and maintained by AORA. The products are designed for self-setup, self-enrolment of users, self-training, automated collection of fees from the bank and low administration.
License subscription fees - recurring fees for third parties to use the AORA low-code Platform to create opinion automations. These applications are for in-house use (e.g. within investment banks), or rented to other providers of professional services.
Professional Services Fees - periodic fees for consulting and supporting the third parties to develop their products on the AORA Platform.

Exit Strategy
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Website

www.aoralaw.com/

Location

LONDON

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