Early access. Coming Q3 2026

Capital markets diligence. Automated.

Nolan automates the most time consuming parts of securities deals: comfort circles and backup requests. Upload an offering document or SEC filing and Nolan identifies the figures and statements lawyers would normally spend hours reviewing and tracking by hand.

Lawyers should focus on judgment, not shuffling through documents. Nolan handles the rest.

0% Target reduction in circle-up time
0hrs Estimated savings per 10-Q filing
0 Documents used for AI training

Two workflows. One system.

Nolan reads SEC filings and prepares the comfort circles and backup requests lawyers normally build manually.

NolanComfort
NolanBackup

Financial Figure Identification

Upload an offering document or other SEC filing. Nolan identifies financial figures typically included in comfort requests: dollar amounts, percentages, ratios, and share counts.

Precision Figure Circling

Nolan automatically places circles around financial figures directly in the PDF. Circles are placed tightly around the numbers so the output mirrors how lawyers prepare comfort requests for auditors.

Filing Coverage

Nolan works across offering documents and incorporated SEC filings including S-1s, 10-Ks, 10-Qs, prospectus supplements, and other incorporated filings.

Auditor Ready Output

Export a marked PDF showing every circled figure exactly where it appears in the document. The output can be used directly as a draft comfort request to send to auditors.

Precedent Learning

Upload a marked comfort request from a prior deal. Nolan learns which figures were circled and applies that logic when reviewing new filings.

Document Review Assistant

Ask questions about the filing in natural language. Show all circled figures, show only dollar amounts, hide percentages, or apply custom filters.

From raw filing to comfort request. In seconds.

Upload any SEC filing. Nolan identifies every financial figure requiring auditor comfort, draws the circles, and numbers them. Ready for your review.

Nolan AI
Comfort
Back-up
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ACME CORP · FORM 10-Q · Q3 2024
100%
Analyzing filing...
Parsing SEC filing structure
Extracting financial statements
Identifying comfort figures
Generating circle annotations
ACME CORP · FORM 10-Q MANAGEMENT'S DISCUSSION & ANALYSIS

Management's Discussion and Analysis of Financial Condition

The following discussion should be read in conjunction with our consolidated financial statements. For the three months ended September 30, 2024, we reported total revenues of $178.3 million, representing an increase of 21.8% compared to the prior year period. Our net income attributable to common stockholders was $31.4 million, or $0.62 per diluted share.

Operating expenses totaled $134.9 million for the quarter, compared to $112.1 million in the prior year period. As of September 30, 2024, we had $284.7 million of cash and cash equivalents on hand. We employed 4,812 full-time equivalent employees as of the quarter end.

Selected Financial Data

(in thousands)Three Months Ended
Sep 30, 2024
Three Months Ended
Sep 30, 2023
Net sales to external customers$178,300$146,300
Operating expenses$134,900$112,100
Net income$31,400$25,800

Our total debt outstanding as of September 30, 2024 was $445.2 million, comprised of our senior secured term loan and revolving credit facility.

The Nolan Workflow

Built around how deals actually work

01
Upload
Upload any SEC filing or offering document including 10-Qs, 10-Ks, S-1s, and prospectus supplements.
02
Extract
Nolan identifies financial figures and factual statements that typically require comfort or backup support.
03
Analyze
Figures and statements are organized into comfort circles and backup requests aligned with capital markets diligence workflows.
04
Review & Export
Review and export numbered comfort circles, backup requests, or an Excel backup tracker in one click.
Purpose built for sensitive legal work
Security and compliance are built into every layer of the platform. Nolan is designed for the sensitivity that capital markets work demands.
🔒
End to End Encryption
All documents encrypted in transit and at rest. Access to documents is restricted to authorized users only.
🚫
No Training Data Use
Customer documents are never used to train shared models. Your filings remain private to your workspace.
Enterprise Security Architecture
Security infrastructure designed to support enterprise compliance standards as the platform scales.
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Identity & Access
Role based access controls with full audit logs. Admin controls allow firms to manage workspace permissions.
📋
Legal & Regulatory
Built for capital markets workflows and sensitive legal documents. Designed to support attorney client privilege and secure diligence processes.
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Data Retention
Customer controlled data lifecycle with configurable retention policies and deletion on request.
What's Next

Product Roadmap

Q2 2026
EDGAR Integration
Import filings directly from SEC EDGAR instead of uploading documents manually.
Q3 2026
Design Partner Launch
Early access for capital markets teams helping shape the product before broader release.
Q4 2026
Multi Draft Tracking
Track changes to figures and statements across prospectus drafts and amendments.
Q1 2027
Auditor Collaboration
Secure workspace for auditors to review comfort circles and verification work.
Q2 2027
Procedural Workflows
Guided verification workflows aligned with SAS 72 procedures.
Q3 2027
International Filings
Support for non US offerings and international disclosure standards.

Ready to automate capital markets diligence?

We're onboarding design partners for early access. Contact us to learn more.

BUILT FOR CAPITAL MARKETS · NEW YORK