Investing in tomorrow's leaders today.

Lemma Capital gives you access to institutional-grade equity investment strategies and research. We combine human expertise with data and agentic AI to identify future public equity leaders and build trackable investment portfolios, all available through a simple subscription.

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Leadership compounds.

In our view, the best investment returns come from investing in companies that sustain high growth rates over long periods. Such growth is rarely an accident, but a product of exceptional talent turning continuous innovation into unique customer value and building a lasting defense against competitors. When nothing stands between a business and many years of expansion, and the share price is right, investments turn out spectacular. That's why in every company we commit to, we look for a combination of the following factors:

High talent density

Unusual concentration of exceptional builders and operators with unique ideas and relentless drive for execution. Since without enough talent, nothing can be done.

Continuous innovation

Fast-paced and prolific R&D that translates technological change into unmatched customer value, as product excellence is often key to winning the competition.

Long expansion runway

Mature or dynamic new markets large enough to absorb a decade of revenue compounding at high rates. Because building value is a maraphon, and distance is speed multiplied by time.

Pioneering equity research for the new age of intelligence.

We combine human expertise with data and agentic AI to systematically analyze the global universe of 50,000+ public companies and identify market leaders best positioned to benefit from long-term economic trends.

Step 01
50,000+ stocks
Step 02
Data collection
Step 03
Quantitative screening

Step 04
Fundamental analysis
Step 05
Investment decision
Step 06
Regular monitoring

Step 01
50,000+ stocks
Step 02
Data collection
Step 03
Quantitative screening
Step 04
Fundamental analysis
Step 05
Investment decision
Step 06
Regular monitoring

Our investment strategies:

Built to maximize long-term shareholder returns by investing in the world's strongest market leaders across massive industries and targeting significant fair-value discounts on every investment.

Future AI Leaders

Concentrated, actively-managed, long-only public equity portfolio holding 8-12 companies that represent exposure to the AI sector and capture the most economic value from global AI adoption. The strategy follows strict valuation discipline and avoids overpriced assets, aiming to generate attractive absolute returns.

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Learn how we think about markets.

Read our latest publications to understand the fundamentals of our strategies, get updated on their performance, and learn amazing new concepts and facts from the worlds of innovation, technology, and finance!

14 Jul 2026

Launching the "Future AI Leaders" strategy

Rolling out Lemma Capital's first product.

View all publications

The team behind Lemma.

A small team of investors, researchers, and engineers building the future of equity research and research-driven investing.

Alex Pisanov

Founder & CIO

Alex is a former COO at e184 (US biotechnology accelerator) and IR Director at Draper X (co-investment unit of Draper Associates, an early investor in Tesla, SpaceX, Coinbase, Colossal Bio, and many other success stories).

We're hiring

Equity researchers and software engineers

This spot could be yours! Let us know if you want to help with building the future of equity research and investing.

Apply

A private group of experts and allocators.

A community designed exclusively for Lemma Capital platform members. Connect with other professional investors, researchers, and operators. Access discussions, events, and off-publication insights. Share your opinion and feedback directly with the Lemma Capital team.

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Frequently asked questions.

Answers to the most common questions about our research, strategies, and subscription.

By "strategy", we mean a dynamic portfolio with holdings & weights that match a specific set of rules. You can learn more about all our strategies here. Disclaimer: All the strategies published serve for informational and educational purposes only and should not be regarded as personalized investment advice. They aren't designed to meet the financial situation, objectives, risk tolerance, tax circumstances, or liquidity needs of any particular subscriber. They may be updated from time to time with or without prior notice.

You can use the holdings & weights of any strategy to adjust your portfolio, either manually or with your AI agent by granting it access to your Lemma Capital subscription. However, we encourage you to consult with a professional financial adviser in your jurisdiction before engaging in any trading or investing based on the research and information provided. We accept no responsibility and provide no guarantees for any losses that may result from following any of the strategies or research that we publish.

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Lemma Capital is not a registered investment adviser (RIA) or broker-dealer. We operate as an independent financial publisher consistent with the publisher's exclusion from the definition of "investment adviser" under Section 202(a)(11)(D) of the U.S. Investment Advisers Act of 1940. Our research and model portfolios are impersonal, of general and regular circulation, and are not tailored to any individual subscriber. We do not collect subscriber-specific suitability information for the purpose of tailoring investment recommendations.

Because we are not a registered investment adviser, we do not, at this time, provide investment management services or copy-trading of any kind. We are, however, exploring compliant ways to offer such services in the future. If you have ideas or guidance on how to structure this in a compliant manner, please reach out.

Yes. You can cancel your subscription at any time directly from your account. You'll retain access until the end of your current billing period.

Although our paid features are reserved for paid subscribers only, part of our functionality is available to free users, so you can try before you buy.

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