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David Eckstein
@davidneckstein
CFO @WeAreLegora. Formerly @TrustVanta, @MenloSecurity @OpenDNS and @BoxHQ. Married to my best friend, @ellenjdasilva.
加入 April 2012
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You may have heard that Legora has surpassed $200M in ARR at positive gross margins. Here is the other half of the story: what happens after customers are on the platform. Usage has to map to value, and efficiency gains must show up for customers. Most credit consumption on @WeAreLegora comes from two areas: LLM usage and document processing. In August, we significantly improved our Agent harness, LLM routing, and orchestration. Credits tied to LLM usage on Agent dropped by roughly 25%, with response quality improving. In September, we rebuilt how Legora ingests and processes documents. The work now uses ~25% fewer credits while maintaining quality. Those two changes have reduced credit consumption for the same work by more than 20% since August. Consumption-based customers can now do the same work for fewer credits. Next, we are working on additional harness and routing improvements, as well as more efficient document processing. As we find efficiency gains, our goal is to keep passing them back to consumption-based customers. Legora is building a long-term company to support legal teams for decades to come. Our strong financial health makes that all possible. That includes a pricing model that gives back to our customers.
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