EX. A · QUI TAM

FCA Case Building · AI-Native

ClaimTracer

Turning whistleblower tips into complaint-ready case files. Evidence organized in minutes, not months.

Exhibit A · DOJ Fiscal Year 2025

A record year for fraud recovery. Yet law firms are still parsing evidence by hand.

$6.8B

Total FCA recoveries
FY2025 · all-time record

1,297

New qui tam filings
2× the 10-year average

0

Purpose-built tools
for FCA case building

78% of those recoveries — driven by ~250 private whistleblower law firms still reading PDFs by hand.

RelatorS. MORALES

RoleBilling Clerk

SectorDME / Medicare

Evidence8 Documents

StatusUNDER SEAL

The Tip · April 2026

Basic wound care billed as expensive pumps.

"Staff were forced to change orders to E2402 even when patients only received basic gauze and tape."

Live Demo

From a box of PDFs
to a complaint-ready case file.

Rolling product capture

Before · After

Three months of paralegal work, compressed into 90 seconds.

◼ Status Quo

3 months

Manual PDF review. Forensic accountants at $400/hr. Hand-drawn entity charts.

→

◆ With ClaimTracer

90 seconds

Entities extracted · corporate structure mapped · anomalies flagged · draft complaint narrative generated.

Why Now

The infrastructure behind the next $6.8B.

ClaimTracer c0mpiled-10 / DC · 2026

01

The customer. ~250 whistleblower law firms driving 78% of federal fraud recoveries. Private businesses. Contingency-fee revenue. No procurement friction.

02

The wedge. The exact product YC President Garry Tan named in the Request for Startups. No purpose-built incumbent exists.

03

The scale. $170M base-case ARR in whistleblower firms alone. Adjacent expansion into state AGs, federal OIGs, corporate compliance.

Exhibit E · Architecture Evolution

From single-user demo to enterprise platform.

● Live now

Demo stack — browser-first

◈ Enterprise target

Enterprise platform — multi-tenant

The Team · Two Founders

E

Ellen Yu

Domain Expert & Developer

linkedin.com/in/ellenyyu

"Eight years turning enterprise data into decisions — now applied to fraud."

Senior Data Scientist, Booz Allen Hamilton · Research Manager, Viacom · MS Data Science, University of Virginia

8 years of applied ML at Fortune 200 scale — the instincts behind every product decision

L

Lucas Melo

Developer & Business Architect

linkedin.com/in/lucasmelo152

"Tell me the problem. My AI agents and I will solve it."

Senior Operations Manager · 12+ years in strategic growth across STEM and corporate environments

Owns market sizing, revenue modeling, GTM strategy, and the business case that put ClaimTracer in this room