Advent Accelerates Deals with ChatGPT + Codex

By OpenAI

Categories: AI, Product

Summary

Advent Capital is accelerating portfolio company growth by building custom ChatGPT instances and using Codex to rapidly prototype MVPs—turning context-rich deal folders into AI-powered decision tools. This playbook shows how non-technical founders can leverage AI without knowing where to start.

Key Takeaways

  1. Create custom GPTs connected to deal folders containing email, Slack, and internal context to enable real-time Q&A on portfolio data—reducing time spent searching for information across tools.
  2. Use Codex to rapidly prototype business-critical applications (like contract management systems) as MVPs before committing engineering resources—testing viability with minimal investment.
  3. Address the board-level AI hesitation by demonstrating tangible workflow improvements through portfolio support tools—showing ROI on AI implementation before scaling.
  4. Consolidate institutional knowledge (email inboxes, Slack channels, decision history) into AI-queryable formats to democratize access and reduce dependency on individuals.
  5. Use AI-generated prototypes as proof-of-concept to validate whether a tool should become a standalone product offering for portfolio companies.

Related topics

Transcript Excerpt

A lot of what we hear at the board level and the management level is that folks have a lot of aspirations for AI but don't necessarily know how to start. >> [music] >> One of the most natural use cases on the quote unquote prosumer side has been developing custom [music] GPTs for each of our portfolio companies. There's a tremendous amount of context [music] that we hold whether it's in our email inboxes, in our heads, in our Slack [music] channels. Having the ability to connect your deal folder with all of the context and then be able to ask it real-time questions has been [music] really impactful to our workflows. Our portfolio support group has been using Codex to kind of make MVPs of applications [music] that are helpful for our portfolio companies to use as they think about real-world…

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