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Launch HN: Meticulate (YC W24) – LLM pipelines for business research
Hi HN, Meticulate gives finance professionals easy access to world class business research—think competitive landscapes, market sizings, customer segmentation etc. Here's a video of a competitive landscape generation in action (https://youtu.be/aJ-slHcp32c)and https://youtu.be/aJ-slHcp32c)and we’ve taken down the signup wall today so you can try it directly at https://meticulate.ai/ https://meticulate.ai/.
Some background on “business research”: investment and consulting teams sink many hours a week into researching companies, markets, and products. This work is time-sensitive and exhausting, but crucial to big decisions like company acquisitions or pricing model changes.
At large financial services firms, much of this work is offshored to external providers, who charge thousands of dollars per project and are often slow and low-quality. Small teams lack the budget and consistent flow of work to employ these resources. We’re building an automation solution that brings a fast, easily accessible, and defendable research resource.
Meticulate uses LLMs to emulate analyst research processes. For example, to manually build a competitive landscape like this one: https://meticulate.ai/workflow/65dbfeec44da6238abaaa059 https://meticulate.ai/workflow/65dbfeec44da6238abaaa059, an analyst needs to spend ~2 hours digging through company websites, forums, and market reports. Meticulate replicates this same process of discovering, researching, and mapping companies using ~1500 LLM calls and ~500 webpages and database pulls, delivering results 50x faster at 50x less cost.
At each step, we use an LLM as an agent to run searches, select and summarize articles, devise frameworks of analysis, and make small decisions like ranking and sorting companies. Compared to approaches where an LLM is being used directly to answer questions, this lets us deliver results that (a) come from real time searches and (b) are traceable back to the original sources.
We’ve released two workflows: building competitive landscapes and market maps. We designed it with an investor running diligence on a company as the target use case but we’re seeing lots of other use cases that we didn’t originally have in mind—things like founders looking for alternative vendors for a product they’re purchasing; sales reps searching for more prospects like one they’ve already sold to; consultants trying to understand a new market they are unfamiliar with, and more.
The main challenges we’ve been overcoming are preventing quality degradation along multi-step LLM pipelines where an error on one step can propagate widely, and dealing with a wide range of data quality. We’re working hard on our next set of workflows and would love for you to give it a try at https://meticulate.ai https://meticulate.ai and would appreciate feedback at any level!
- cubecul 3y agoCongrats on the Launch HN! I've heard a few investor types say something like "You know what's surprisingly fun? Popping an edible and making market maps" Here is an example output: https://meticulate.ai/workflow/3b3fe891f16fc437acca87c0 https://meticulate.ai/workflow/3b3fe891f16fc437acca87c0 It was really nice to go away for a few minutes and come back to this. Output is not perfect, but I wouldn't expect it to be at this stage. I assume slide deck output is on the way?
- JPalakapilly 3y agoHahaha that reminds me of Erlich tripping in the desert trying to come up with one-liners for Pied Piper. Yeah definitely know our results are not perfect. We're going for being as exhaustive as possible right now so results can be noisy. And yes, slide generation is on the very near-term (next few days) roadmap :)
- rgbrgb 3y agoThis is so cool, congrats on the launch! I have a friend who looked into doing something similar but they couldn't figure out a way to get the cost low enough. This was like a year ago so I'd guess it's much cheaper now and you could do something like fine-tuning a smaller domain specific model on GPT-4 outputs. Any ballparks on pricing / cost? What models are ya'll using?
- wilburli 3y agoThanks! That's fascinating, do you remember what kind of tasks they served? Using GPT-4 and GPT-3.5 currently, and costs can be $1.50+ per request right now (have been benefiting from YC cloud credits!). Definitely steep at the moment but we expect costs to come down at least 10x over time. Not super clear on pricing yet (only a few weeks post-launch)
- rgbrgb 3y agoI think it was similar... an agent finds a bunch of info on a private/public company to evaluate investment (automating some associate analyst work). TBH I'm not sure where they ended up but I know they had an interesting distribution channel lined up. Happy to connect if you want. > $1.50 Thanks for sharing! I think they were ~10x that but hadn't done a ton of optimization yet. To me, having a swag at cost makes these tool demos a lot more interesting because you can start figuring out what types of businesses you can/can't build with them.