Debt Vulture
Ongoing · Built with Standard Partners Fund LP
Bankruptcy intelligence for distressed debt investors. Monitors PACER filings in real time, extracts structured data from legal documents, and maps affected public companies.
Hedge fund investors in distressed debt were paying $30k-100k/year to incumbents like Octus and 9fin for bankruptcy filing alerts. We built a PACER scraper, a filing search dashboard, and email alerts — the same core product for $500-2k/month.
Then we added an AI research agent. It could search filings, read docket entries, pull SEC data, and answer questions about specific bankruptcies with citations. Standard Partners was using it to do in minutes what used to take analysts hours.
The simulation engine that grew out of this work — domain-agnostic multi-agent sandbox with persistent memory, reflection, and causality tracking — has been spun out as its own product: simetic.com.