Stratosphere.io acquires 10k reader to build the best investment research platform on the internet

The acquisition brings Stratosphere.io one step closer to becoming the all-in-one platform for investors to research public company fundamentals.

Toronto, October 27, 2022 - Stratosphere.io is an emerging platform that helps investors research public company fundamentals faster and uncover the important KPIs that drive the business, announced that it has acquired 10k reader.

10k reader is a powerful and highly intuitive web application that gives investors access to up to 30 years of historical financial data on stocks across the globe. “After meeting 10k reader Founder, Kevin Bojan, we knew immediately that it was going to be a great fit and help us achieve our long-term vision,” said Stratosphere.io CEO, Braden Dennis.

Together, the two platforms will combine to create a world class investment research terminal.  Combining the technology from Stratosphere.io and 10k reader creates synergies to challenge the large incumbents in financial data and analytics.

Fundamental investors have learned that data collection of company specific KPIs that drive business results is critical to their modelling and analysis. Typically, company specific KPIs are not widely available on financial statements from research terminals.  Stratosphere.io aggregates this data for their coverage of the S&P 500, TSX 60 and eventually thousands of stocks to eliminate time intensive data collection for investors.

“Ramping up on a company’s fundamentals and how they are changing over time should not be a long process for investment professionals,” said Dennis. “We want to unlock time for investors so that they can spend their day making great decisions, not gathering data.”

“By combining efforts, we accelerate our product roadmap and our mission of making the research process easier for investors,” said Founder of 10k reader, Kevin Bojan, who will join Stratosphere.io as Chief Product Officer.

About Stratosphere.io

Stratosphere.io is an emerging financial data and analytics platform for investors. Stratosphere.io aggregates financials, KPIs and visualizations to help investors ramp up on new companies faster.

About 10k reader

10k reader brings a kindle-like reading experience to the web for public company filings and provides tools to easily analyze and visualize financials going back 35 years for over 40,000 stocks.