Mandates

Mandates define your investment criteria. Reys uses them to automatically score and rank every incoming deal against what you’re actually looking for.

What is a mandate?

A mandate is a structured description of your investment thesis — the types of deals you want to see, the sectors you focus on, your geographic preferences, check size range, and any other criteria that matter to your decision-making.

When a deal arrives and is processed, Reys scores it against all of your active mandates. The better a deal aligns with a mandate’s criteria, the higher the score. This happens automatically — no manual review required to trigger it.

Creating a mandate

Go to Mandates in the sidebar and click Create mandate. You’ll be given two options:

Start from scratch

This opens a multi-step form guided by your organization’s active template. Work through each section, filling in your criteria. Fields may change based on your earlier answers — for example, selecting a particular asset class may reveal additional relevant fields.

When you’re done, you can save a draft to return to later, or publish the mandate to make it active for matching.

Import from text or document

If you already have your investment criteria written up somewhere, you can paste the text directly or upload a file (PDF, Word document, or plain text, up to 20MB). Reys will use AI to parse the content and pre-fill the mandate form for you.

The import screen shows each extracted field with a confidence level — high, medium, or low — so you can quickly spot which fields need your attention. You can edit any field before saving. Once you’re satisfied, confirm to create and publish the mandate.

Mandate states

A mandate moves through the following states:

Draft — created but not yet published. Drafts are not used for matching.
Published — the mandate has been completed and is ready for use.
- Active — the mandate is being used for matching against incoming deals.
- Inactive — the mandate is published but currently paused. It won’t be matched against new deals.

You can toggle a published mandate between active and inactive from the mandate list or detail view.

The default mandate

Each organization can designate one mandate per investment type as the default. The default mandate is prioritized in two ways:

It appears first in the return email sent back to the original deal sender.
It is used as the primary benchmark when displaying a deal’s overall fit.

To set a mandate as the default, open the mandate and use the Set as default option. If another mandate is already the default for that investment type, you’ll be shown a confirmation before the change takes effect.

Only active mandates can be set as default.

Public intake links

If you want external parties — such as fund managers, founders, or placement agents — to submit their investment criteria directly into Reys, you can share a public intake link.

Go to Mandates and click Share mandate to generate a link. Anyone with this link can fill out your mandate form and submit it, without needing a Reys account. Their submission will appear in your mandate list for review.

You can regenerate the link at any time, which deactivates the previous link.

If you belong to more than one organization, you can share a mandate into another organization from the mandate detail view. Once shared, members of that organization can view the mandate and it will be used in that organization’s matching.

Mandates have two collaboration roles:

Owner — full control: edit, share, manage collaborators, and delete the mandate
Editor — can edit the mandate’s content

Managing mandates

From the mandate list or detail view, you can:

Edit — update any section of the mandate at any time
Toggle active/inactive — pause or resume a mandate’s participation in matching
Set as default — prioritize a mandate for your organization
Share — add the mandate to another organization or generate a public intake link
Delete — permanently remove the mandate (owner only)