We believe the fundamental investing firms of the future will run on data infrastructure and workflow tools built for how they actually work. The payoff is sharper thinking, more coverage per analyst, more alpha. We built Mercata inside a $600M long/short that has paid for it in production since April, and that fund’s COO and CIO also invested in the company directly.
Mercata is a hedge fund’s brain. Fundamental investing hedge funds are full of brilliant people who can’t remember what they know when it counts, so we built the firm’s memory: not just the records like an RMS, but the reasoning that produced them, the debates, the objections, the names the team passed on, all of it linked to the filings, news, and market data moving every day. The memo keeps the decision; Mercata keeps what produced it. Because it sits in the research flow, every question the team asks becomes part of the firm’s memory, and the longer it runs, the smarter the firm becomes. Everything it says is citable back to a source. Think of it as the tireless associate who has been in every meeting, hears everything, and forgets nothing.