About 3spread

Financial data without the gatekeepers

The tools for working with SEC filing data have been stuck in two extremes for too long: enterprise terminals that cost six figures a year, or raw XBRL feeds that require a team of engineers to make usable. If you weren't a bulge-bracket bank or a well-funded quant fund, you were left stitching together unreliable data from scattered sources and hoping the numbers were right.

We started 3spread because we think that's a solvable problem. Public companies file their data with a public agency. There's no reason that data should be this hard to use. Our goal is to make institutional-quality SEC filing data accessible to anyone who needs it, at any scale, without requiring a six-figure budget or a dedicated data engineering team.

SEC filings are public. Usable SEC data isn't.

Every public company in the United States files detailed financial reports with the SEC: income statements, balance sheets, cash flows, insider transactions, institutional holdings, proxy statements, and more. It's one of the richest datasets in the world, and it's entirely free to access.

The problem is that “free to access” and “ready to use” are very different things. Every company structures its filings differently. They use different labels for the same data points, different layouts for the same tables, and different conventions for the same disclosures. Comparing two companies means hours of manual reconciliation. Building a pipeline across thousands of companies means building an entire data normalization infrastructure from scratch.

The existing solutions fall into two camps. Enterprise vendors like FactSet and Bloomberg solve the problem, but at price points that start in the hundreds of thousands and scale into the millions, designed for institutions with dedicated data budgets. Smaller vendors either don't cover the full breadth of filing types, can't maintain consistency across companies, or charge prices that don't reflect what they're actually delivering.

3spread sits in the gap. We provide the same depth of standardization and coverage that enterprise platforms offer, delivered through a modern API, at price points that work for startups, independent researchers, and mid-size firms, not just the largest institutions.

Who we are

3spread is a small team based in Denver, Colorado. Our backgrounds span mathematics, engineering, and finance, including time spent in banking and at large technology companies.

We built 3spread because we lived the problem firsthand. As long-time investors, we spent years reading through filings and trying to integrate that data into our own analysis. The experience was consistently painful. Not because the information wasn't there, but because getting it into a usable format required more engineering work than the actual analysis. When we looked at what was available, we found enterprise platforms we couldn't afford and smaller providers that couldn't deliver the consistency we needed.

So we decided to build it ourselves.

Jamie, Founder
team@3spread.com