The product

One workspace for your whole investment process.

subThesis is an agentic investment research workspace. It holds what a research process actually runs on — what you believe, the work that tests it, your holding activity, and the futures you're underwriting — in one place, on one timeline. Agents run research tasks, branch and stress-test scenarios in parallel, surface gaps in your thesis, and keep company financials current in real time. You make the calls.
Coming soon

Thesis

Every belief, on the record.

Your thesis is a living document. subThesis keeps every version of it — the claim, the conviction, the evidence — so you can always see what you believed and why it changed.

More on thesis tracking
thesis.subthesis
NVDA· $168.42thesis v3

Accelerated-compute demand stays supply-constrained through 2027.

Conviction
78 / 100

Hyperscaler capex guidance continues to outrun foundry capacity. Lead times on datacenter GPUs extended again this quarter.

changed in v3
Datacenter revenue mix rose to 92% — gaming is no longer material to the thesis.

Primary risk: a capex air-pocket if AI training ROI disappoints. See scenario branch capex-peak-2026.

Agents

Research that runs without you.

Delegate a research task and an agent does the legwork — reading filings, watching sources, landing a structured finding. You stay the one who decides what it means.

More on research agents
tasks.subthesis

Research tasks

3 agents active
Queued2
TSM

Re-underwrite on Q1 10-Q

triggered by filing

AMD

Segment-margin breakdown

one-time

Running2
NVDA

Read 10-Q, draft thesis update

62% · ~8m left

ASMLloop

Watch competitor IR page

weekly

Landed2
NVDA

Datacenter-mix finding

conviction +6

MSFT

Capex cross-check

no change

Scenarios

More than one future, held at once.

Branch your thesis into scenarios. Each carries its own price target and conviction, so you can underwrite several futures without abandoning your base case.

More on scenarios
scenarios.subthesis

Scenarios · NVDA

4 branches · 1 base
mainBase case$210

Supply-constrained through 2027.

conviction
78primary
capex-peak-2026AI capex peaks 2026$132

Training ROI disappoints; orders soften.

conviction
41carried in parallel
china-demand-cutChina demand −10%$188

Export curbs tighten; mix absorbs most of it.

conviction
55carried in parallel
sovereign-buildoutSovereign AI buildout$256

National compute programs add a demand leg.

conviction
62carried in parallel

See it on your own positions.

One workspace for your whole process — versioned theses, delegated research, scenarios run in parallel, and your financials in real time, all on one timeline.

Coming soon

Private beta · by invitation