Research that remembers.
Every company you study becomes a living dossier — your notes, your theses, your price targets, and an AI agent that remembers everything. Your theses watch thousands of companies on your behalf. Narrative changes surface before you miss them.
For independent sponsors, search-fund principals, family offices, and serious individual investors. No spam. One launch announcement.
Pet Supplies Plus, LLC
Most research dies in someone's Notion.
You read three filings on a Tuesday, write a couple of pages of notes, draft a thesis, save the doc somewhere. Six months later you can't remember why you cared, what changed, or what you already concluded. The thesis was never tested against new data. The notes are stranded.
Bagl is for the analyst who wants their work to compound. Every company is a persistent dossier. Theses are objects that re-score themselves nightly. Briefs cite their sources. When a story changes — not when an earnings press release drops — Bagl tells you.
A memo, not a wall of bullets.
Drafted from your indexed documents with footnote-style superscript citations to the page they came from. Each version persists; rerun anytime; diff against the prior.
Pet Supplies Plus — Brief v3
Executive Summary
Pet Supplies Plus is a 710-store specialty pet retailer, majority-owned by Sentinel since 2018, with mid-teens unit growth and an emerging omnichannel motion that the latest 10-K frames as the central investment thesis3. Same-store sales accelerated to +4.6% in the fourth quarter, the strongest in eight quarters7.
Investment criteria as code.
Write your fit in plain English. Bagl scores a universe nightly, weighs your hard criteria against the qualitative read, and pages you when something matches or weakens.
Quality compounders, B2B services
Recurring revenue, > 20% growth, owner-operator at the helm, clean balance sheet. EBITDA $15–125M.
The wow capability.
Not 'Q3 earnings came out' — 'management's framing of China exposure shifted from growth to headwind.' Material narrative shifts, dated, quotable, and tied to the source.
Management reframed China.
Across the Q1 transcript, management's framing of China exposure shifted from a growth lever to a structural headwind. Tariff and regulatory language appeared in five separate prepared remarks; was absent in the prior earnings call.
“China remains a meaningful contributor to next-year unit growth.”
“We are recalibrating the China cadence given evolving tariff frameworks.”
Every answer cites the page.
No hallucinated numbers, no 'as a language model.' Q&A reads only your indexed documents and points back at the chunk it answered from. Disagree with the answer? Click the citation.
- 10-K FY25.pdfp. 47
- Q1-26-transcript.txtp. 12
- Investor-day.pptxslide 14
People who think like institutions but don't work at them.
The PE associate
Triaging targets between deal flow. You need a brief that holds up in IC, today, and a memory of what you thought last quarter.
The search-fund principal
Building conviction on a long list of small businesses. Your thesis is your compass; you want it tracking the universe while you sleep.
The family office
Watching seventy companies you might one day own. You don't need a Bloomberg terminal — you need a librarian.
The serious individual
You read 10-Ks for fun. Your spouse thinks the Notion is a phase. Bagl is where your work compounds instead of evaporates.
A research workspace,
versioned and watchful.
One launch announcement. No drip.