MinuteBox Inc.

WebsiteMinuteBox
SectorCorporate Law
Revenue ModelB2B, SaaS

About

MinuteBox is a tool for corporate law firms. Physical corporate minute books and record books are binders of corporate information sitting on law firm shelves. They are an archaic form of records management. For lawyers, clerks, paralegals and clients, quick and easy access to a specific company’s complete minute book is not cost-efficient, often difficult and incredibly tedious. Recognizing the pain points associated with physical storage and maintenance, the MinuteBox service begins with a scan of all physical minute books on-site at law firm offices. Our teams scan, organize and securely upload all paper contents onto the secure MinuteBox platform. Using MinuteBox, law firms will be able to generate requisite minute book documents in seconds, greatly reducing costs and human error. All the necessary information to generate documents and filings is extracted, gathered and summarized from the scanned documents using artificial intelligence and machine learning software, transforming minute books from static binders to dynamic and up-to-date collections of information. An e-signature system ensures all newly signed documents are automatically uploaded to the cloud and automatically placed in the appropriate virtual minute book. Clients can now access and share their up-to-date minute books instantly online. MinuteBox is the first end-to-end service designed to make minute book maintenance profitable for law firms and bring value to their clients

Market Need

The vast majority of corporate minute books are stored on-site at law firm offices. Current methods of storage and maintenance are problematic for 4 reasons: 1) Physical storage of minute books is expensive; 2) Documents are fragmented, often scattered across desks and email inboxes; 3) Drafting documents is tedious, repetitive, and time consuming; and 4) Clients see no value because the minute book is always stored at the law firm. Small inefficiencies render minute book storage and maintenance unprofitable, often without law firm realization. MinuteBox enables law firms to reduce their costs and increase their profitability on a per book basis. The enhanced efficiency further allows firms to service larger numbers of minute books, increasing law firm revenue as well.

Milestones

2nd Place McGill University Dobson Cup.

Product

Cloud-based corporate minute book management tool for law firms.

Target

Law firms that maintain corporate minute books for their clients.

MinuteBox Inc.

Founders

Daniel Levine

Daniel Levine

Steven Pulver

Steven Pulver

Sean Bernstein

Sean Bernstein