Shaping the Future of Market Intelligence for Deal Professionals with Thomson Reuters

Today, we embark on an exciting new chapter for Noetica: we are joining Thomson Reuters. This deal brings together our AI-native analytics and structured market intelligence with Thomson Reuters’ trusted and expansive content, delivery, and service. Noetica will continue to operate with our customers as our north star, now with even greater resources to bring you best-in-class data, products, and innovation faster than ever.

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Bringing Novel Data to Historically Opaque Markets

When we founded Noetica, we identified a critical white space—structured, standardized intelligence on corporate transactional terms that simply didn't exist in a comprehensive, AI-enabled format: a new data category. 

In the 2.5 years since launch, it’s become clear that we weren’t alone in that vision: customers, investors, market participants and other data providers all shared our commitment to bringing greater data transparency to corporate transactions. Because of you, Noetica has become a single-source platform for understanding what’s market across the capital markets ecosystem today. In today's world of increasingly complex transactions, the question isn’t “what does this clause mean?” It’s “what should we do given the market, our counterparty and the risk profile?” Incorporating real-time market context into drafting and negotiation–so decisions are informed by market intelligence as they happen–is now table stakes, and our customers helped pave the way for that change across the ecosystem.

 We first partnered with Thomson Reuters a year ago to meet customers where they are. In the year since, we reached new heights: achieving top of market year-over-year growth, touching over $1 trillion in transactional volume, and moving markets with our data & insights. 

Those successes are just the beginning. In the last year working with TR, it became clear that our teams share a clear vision for the future of AI in professional services. One where end-to-end platforms are reinforced by proprietary, verticalized data, empowering advisors to marry their advice with unique insights and analytics.

As the industry evolves, and foundational AI models continue to improve toward generalized assistants for all occupations, I’ve never been more convinced that TR has something that no foundational model scale can achieve: decades of content, subject matter expertise, and datasets that aren’t replicable. Noetica’s AI-native technology for corporate transactions, built by teams of AI scientists & PhDs, coupled with this proprietary data and know-how, creates an unstoppable combination from which to build a new generation of market-aware legal AI. 

We’ve never been more convinced that innovation, content and trust will win the day, and nobody has been better at providing that to professional services than Thomson Reuters. 

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What This Means for Noetica and Our Customers

Noetica’s platform and novel data isn’t going anywhere–in fact we’re just getting started. Thomson Reuters brings significant resources to supercharge our platform and accelerate our product roadmap. 

In this next chapter, Noetica remains committed to:

• Delivering a world-class platform designed by users for users across legal and financial services.
• An unparalleled focus on reliability, security, and customer success. 
• Accelerating new features and products to expand the universe of data and insights we bring to the market.
• Leveraging Thomson Reuters’ scale, infrastructure, research, content, and go-to-market capabilities to accelerate innovation and continually push the boundaries of what’s possible in data and AI.
• Being deserving of your trust and your partnership–we are nothing without our customers and are committed to your success more than anything else.

We’re excited about the new opportunities this will unlock and look forward to building with even more speed, determination, and focus.

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With Deep Gratitude

Firstly, thank you to our customers. Your refusal to accept the status quo in deal intelligence and your desire to integrate data into your role as advisors proves how much you care about your clients. We appreciate the feedback, partnership, and trust.

To our investors, thank you for your unwavering support and sage guidance. 

To our employees, thank you for believing in the vision. Your commitment to our customers and pushing boundaries is what Noetica is all about. Your consistent effort, sacrifice, and collaboration makes Noetica special, and all of this possible.

We are already working to build the next wave of market-aware legal AI. We can’t wait to show you what we’re working on – the best is yet ahead.

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Sincerely,

Dan Wertman