beatandraise

What is BeatandRaise?

Beatandraise is a platform for analyzing SEC filings of U.S. companies, operated by Iterative Works GmbH. It offers access to documents from 1995 onward, original financial statements, semantic search across different documents, as well as AI-powered chat analysis.

This is a specialized tool designed for corporate research and the reading of financial information; it is not a securities software that provides real-time market data or the ability to execute trades. The platform explicitly states that it does not offer investment advice, and no AI-generated responses can be used as a basis for making buying or selling decisions.

Main functions of BeatandRaise

Full SEC document viewing

Users can browse 10-K, 10-Q, 8-K, proxy statements, and other SEC filing documents by company. The website claims to offer more than 18 million documents dating back to 1995, as well as data covering approximately 30 years.

View original financial statements

The platform preserves the original format of the files and displays the financial statements along with any related attachments. The tables can be downloaded in Excel format, which facilitates further calculations and modeling.

AI semantic search

Users can search through a company’s historical documents for specific disclosures, risk factors, and the meaning of key terms. Semantic search is more flexible than exact keyword searching, but it may still miss paragraphs with unusual phrasing.

AI chat analysis

The current beta version uses a separate Claude Code environment to analyze documents; it is capable of answering complex questions, comparing different periods, and extracting information. The AI may produce incomplete or incorrect conclusions, so it is necessary to review the original documents for verification.

Company and document retrieval

The search box on the home page allows users to look up companies, submission documents, or to ask questions directly. Before conducting a search, it is necessary to confirm the company name, stock code, CIK, and the reporting period, in order to avoid confusion with entities that share the same name.

MCP server

The official website provides an entry point for the MCP service; users can use their own model tokens to connect to compatible clients. This feature is suitable for developers’ workflows, but they are responsible for managing the costs associated with tokens, security permissions, and client compatibility.

BeatandRaise usage guide

1. Enter the company name, stock code, or CIK to identify the target entity.
2. Filter 10-K, 10-Q, or 8-K files by file type and filing date.
3. First, read the reporting period, audit status, and file directory.
4. Open the original financial statements and verify the unit of measurement, currency, and consolidation scope.
5. Use semantic search to find information on risks, revenue recognition, liabilities, and key accounting policies.
6. Pose specific questions to the AI, including the company, time period, and metrics.
7. It is required to compare multiple years or quarters and list the corresponding file locations.
8. Check the numbers, dates, and context against the original text item by item.
9. Export the table when calculation is needed, and keep your own research notes.

Methods to improve the accuracy of research

• At the same time, verify the 10-K, 10-Q, 8-K documents and related attachments.
• Pay attention to whether financial figures are expressed in thousands, millions, or other units.
• Distinguish between GAAP metrics, non-GAAP metrics, and management forecasts.
• Restate the data before and after for comparison, and examine any changes in accounting policies.
• When an AI provides a conclusion, it is required to cite the original sources on which that conclusion is based.
• Record the date of the latest document along with the research date.

Which users are it suitable for

• Study individual investors in U.S. publicly listed companies.
• Analysts and researchers who need to quickly access financial disclosures.
• A company research team that compares risk factors and operational changes over multiple years.
• Financial content creators who organize information from 10-K, 10-Q, and 8-K filings.
• Students and modelers who need to export the original financial tables.
• Developers who wish to access SEC data via MCP.

The advantages of BeatandRaise

• Focusing on SEC documents provides a more precise range of information compared to general web searches.
• It covers the long-term reporting history since 1995.
• It preserves the original format of the financial statements and supports table export.
• Semantic search enables the identification of specific disclosures across files from different years.
• AI chatbots can compare periods and extract complex information.
• An MCP interface is provided to facilitate connection to external AI clients.

Usage restrictions and precautions

• The platform information may be incorrect, incomplete, or missing; the authorities shall not be held liable for any resulting investment losses.
• AI analysis is not financial, investment, legal, or tax advice.
• SEC filings may contain revisions, restatements, and numerous forward-looking statements.
• The platform is not a source of real-time market data, nor does it offer trading functions.
• Semantic retrieval may miss information in tables, images, or special formats.
• After exporting to Excel, check the number units, negative signs, and merged cells.
• When using MCP, it is necessary to protect the model tokens and research data on your own.
• Service features and access restrictions can be adjusted by the operator.

Beatandraise fees

As of August 26, 2026, the official website specifies that file viewing, the original financial statements, and AI semantic search are available permanently for free, while AI chat is available free of charge during the beta phase. The home page does not display any current paid plans or payment requirements involving credit cards.

The website still allows access to an old pricing page that shows a cost of 30 euros per month after a 15-day trial period; however, the information on that page contradicts the free-of-charge information displayed on the current homepage, and it also features an old Beta interface. This figure is not considered the current price – the actual charge shall be based on the pricing shown on the page after logging in.

Subscription and refund instructions

The existing terms of service still describe a monthly subscription, payment processing via Stripe, the possibility to cancel at any time with service continuation until the end of the billing cycle, and state that no proportional refund is provided. This may apply to existing accounts or future payment options; it does not indicate that the current free features are now subject to fees.

If the page requires payment, it should be submitted only after confirming the amount, currency, renewal period, and refund terms. The operator reserves the right to adjust prices, features, and access restrictions.

Privacy and data processing

The privacy policy was last updated on May 17, 2024; the data controller is Iterative Works GmbH, located in Munich, Germany. The platform may collect payment information, names, billing details, purchase data, tracking information, usage data, and content submitted by users.

The policy specifies that OpenAI is used for handling tasks and generating text, Stripe is responsible for processing payments, Render is used for hosting and traffic distribution, Clerk handles identity verification, and Microsoft Clarity is used for behavior analysis. Do not submit any confidential information or unnecessary personal data to the AI.

Is BeatandRaise open source?

No official open-source repository, source code license, or self-deployable version of BeatAndRaise has been identified; therefore it should be considered a closed-source online service. Making the MCP server available for clients to call does not mean that the platform’s source code is open source.

Frequently Asked Questions

Can BeatandRaise be used for free?

On the current homepage, file browsing, financial statements, and AI search are listed as permanently free services, while AI chat is available for free during the beta phase.

Which SEC documents are covered by BeatandRaise?

It is possible to view 10-K, 10-Q, 8-K, proxy statements, and other filing documents; the website states that the data goes back to 1995.

Can BeatandRaise export financial statements?

Yes. The platform preserves the original report format and allows tables to be downloaded to Excel.

Is the old price of 30 euros still valid?

There is a conflict between the current homepage and the old price page; it is not possible to determine whether 30 euros represents the current price. The price indicated on the settlement page after logging in should be taken as the reference.

Does BeatandRaise provide investment advice?

Not available. The official terms clearly state that the content on the platform does not constitute financial or investment advice.

Is BeatandRaise an open-source tool?

No. At present, no official open-source repository or self-hosted version has been identified, and the MCP interface does not imply that the source code is available publicly.