Contracts are complex & cumbersome.
AI can make them clear & quick!
Want to close sales 50 - 60 % faster?
Then you need to use skritswap.
skritswap's Natural Language Processing (NLP) & Machine Learning (ML) models can tell you what clauses you should change to speed up your contract close time.
skritswap simplifies the jargon in your contracts by replacing your original text
with simpler language and clearer formatting through AI.
Who is skritswap for?
Mid Market CEOs
What does skritswap do?
NLP to simplify the text
ML analysis on contracts
4 patents pending
Custom dataset built with proprieteray data and the Edgar SEC dataset
Internal data annontation tool
skritswap in action
The type of personal information we gather will depend on various factors. These factors can be the type of products or services you ask for or use and any applicable legal and regulatory obligations. This information includes:skritswap breaks sentences into 2 Another individual’s information we request, or that you provide, about an individual other than yourself. Hint This is too formal and could be simpler
- another person’s information we ask for.
- that you give.
- about a person other than yourself.
- a request for a service, like a creditcheck.
- using one of our online products, like a mortgage calculator.
How it Works
Founder & CEO
Melissa has won awards from the Queen of England, the Top 100 Most Powerful Women in Canada and leads one of the Top 20 Most Innovative Companies in Canada. She’s raised venture capital funding from Silicon Valley for her AI start-up that takes complex jargon and replaces it with clear, everyday language. Imagine a mortgage instantly rewritten at a grade 5 reading level.
Melissa exemplifies tenacity, grit, and impressive intellectual horsepower; with just the right combination of zest and charm. Melissa’s life mission is to rebalance power in society.
Co-Founder & CTO
Carolyne has a Master’s in machine learning from Mila – the Quebec AI Institute
At Mila, she co-founded BiaslyAI which is a group of researchers in professor Yoshua Bengio’s AI for Humanity group committed to detecting and correcting biases in AI, such as gender and racial bias.
She received a Microsoft Research & Mila research grant to investigate ways in which gender bias can be mitigated when deploying natural language processing (NLP) systems.
Previous to this, she did software development with companies such as McKinsey and Klipfolio, and was on the leadership team of a start-up in the intellectual property industry that got acquired in 2015.
skritswap is all about AI for Good
We started skritswap to simplify information for billions of people. Because it's not fair that most contracts are too complicated to understand.
More than just a way to increase revenue. Gaps in understanding, leads to gaps in trust.
Frighteningly common: 50% of Americans & Canadians read best at a Gr. 5 reading level (or lower)
Staggering economic impact: $238 Billion is in healthcare costs are linked to low literacy. And increasing all American adults to a Gr. 6 reading level, would lead to $2.2 trillion in economic growth.
The Case for Plain Language:
- They NYT called 150 privacy policies of major companies "An Incomprehensible Disaster"
- 55% of visitors read your website for 15 seconds or less
- People can read faster than they can hear you speak
- 50% of Canadian & American adults experience low literacy
- The definition of low literate might surprise you: it means people who can read, but struggle to fill out an online job application, read a food label or read a kid's book
- Plain Language is part of Accessibility
- More than 700 million people worldwide struggle with dyslexia