Company
D-Engraver aims to build professional and private AI large language model networks for professionals in the legal, financial, and corporate sectors. Our mission is to leverage technology to transform industries, reduce costs, and boost outcomes and trust. Founded in November 2018, we are a portfolio company of the HKUST E-Fund and HKSTP Acceleration.
Mission and Vision
To build the world's largest distributed artificial intelligence (DAI) network.
To establish Hong Kong as the international center of DAI.
To leverage technology to transform industries, reduce costs, boost outcomes, and build trust.
Who We Are
We are a leading blockchain and generative AI company in Hong Kong. As an incubatee of HKSTP and a portfolio company of HKUST E-fund, we have grown rapidly since our inception, forming strategic partnerships and securing investments to drive our mission forward.
Timeline of Key Milestones
2019: Closed angel round investment
2020: Strategic partnership with Robinsons Lawyers
Mid-2021: Partnership with Microsoft
End-2021: Became a portfolio company of HKSTP Acceleration
2022: Closed pre-A round, signing MOU with eWTP
Problem and Solution
Generative AI can significantly boost productivity in content creation across industries. However, professionals are often hesitant to use AI due to concerns about accuracy and information privacy. Our product, LawIntelliChain, addresses these concerns by providing:
Saving lawyers' time on legal research, analysis, translation, and document drafting.
Offering localized AI language models for private data processing to ensure data privacy.
Providing access to professional databases and reliable sources for comprehensive analysis and reporting.
Value Proposition
LawIntelliChain saves approximately 2 hours per day on administrative tasks for each lawyer, increasing billable hours by 80% per day. We have grown to over 1,200 enterprise users across six countries, with a 50% monthly growth rate over the past six months.
Business Model
We offer a SaaS subscription model with localized AI language models for dedicated AI server resources, priced at $24,000/month. Our services include unlimited AI compute time, 1 TB SSD storage per server, API integration, and access control by the user, ensuring privacy and efficiency for professional use.
Market Potential
With an estimated market potential of $108 billion per year, our services are designed to meet the needs of 60 million professionals globally.
Competitive Advantages
We provide AI accuracy, privacy, model capabilities, and price-effectiveness, setting us apart from competitors like GPT-4 and Baidu's ERNIE Bot.
Team and Technology
Our team consists of technology and industry experts, supported by HKUST patents. Expansion Plans
We are expanding globally, focusing on providing accurate and private AI services for users in the legal, financial, and corporate sectors. Our growth strategy includes partnering with local sales distributors in target markets and leveraging industrial referrals to expand our client base.
By focusing on accuracy, privacy, and comprehensive AI capabilities, D-Engraver aims to revolutionize how professionals in the legal, financial, and corporate sectors work, ultimately contributing to their success and efficiency.