The AI-native platform that runs the investors’ conversations.
Hundreds of cited, auditable conversations on one issuance, in the investor’s language, around the clock — and the banker keeps every judgment call.
Run your issuance on it.
Reach the investors already on it.
Give your investors one channel for every deal.
Teaser, deck, prospectus. From that moment every answer is drawn only from the deal materials and cited to the page or slide. Nothing is asserted that the documents don’t say.
Every invited investor gets the issuance on the channel they already use — a messaging app, the Direct app, or through their own agent talking to BookRunner’s. Questions are answered in seconds, in the investor’s language. A banker is behind every thread and can step in at any point.
Indications, commitments, revisions, hesitations land on the Live Board as they occur. Nothing is typed in after the fact, because the record and the conversation are the same thing.
One platform. Every desk’s issuances. Every investor’s deals.
BookRunner is a technology platform: banks, underwriters and fund sponsors run their issuances on it. When a desk lists an issuance on BookRunner, the investors already on the platform can see it. When a desk keeps an issuance to its own investors, no one else does. The choice is made per issuance, and private is the default.
The same thread, whichever way they answer.
An investor gets the issuance in a messaging app, in the BookRunner Direct app, or through their own agent — and it is one thread. They ask in their language; the Deal Desk answers from the documents, with the source cited; a banker is behind every reply. They say when they’re interested. They get an update when terms change. They stop whenever they want.
Built to a bank’s standard.
Every conversation is scoped to the deal materials. Forbidden topics are held; anything that needs a banker is escalated with the reason. Disclaimers, consent and jurisdiction rules are set per issuance and enforced in the flow, not remembered by a person.
Each institution’s data is isolated at the database layer by policy, not by convention. Encryption in transit and at rest; corporate single sign-on; no passwords created.
Every inbound message, every answer, every banker intervention and every go-live authorisation is logged with actor, timestamp and prompt version, and is not editable in the product. At the end of an issuance, the Compliance Conversation Report puts the whole thing in one document: every question, every answer, every escalation, every indication. Conversations are scanned for compliance triggers as they happen, and everything that needs review is surfaced to compliance.
The same layer for private capital.
A raise has two conversations, and BookRunner runs both. During the raise, first questions are answered from the fund materials, with citations, across the whole base at once — and the moment real interest surfaces, the conversation is handed to the sponsor, one on one. After the close, the investor relationship stays a live channel rather than a periodic email.
BookRunner is live in beta in Israel with institutional investors and design partners, on real deal data across bonds, equities, private credit and private funds.