SFV IC Agent

A research agent that produces IC-grade memos and a market map for an AI-native financial-infrastructure thesis at Salesforce Ventures, wrapped in a Next.js site at sfv-ic.com.

It exists for two reasons:

1. To show what the thesis is and who is in it — eight memos already in the output/ directory, scored on a six-dimension rubric.
2. To let an investing partner generate a fresh memo on any company in ~5 minutes, watch the agent reason in real time, and read the result immediately.

The agent is built on the Claude Agent SDK with Exa MCP for research. The site is plain Next.js 15 + Tailwind v4 over the same output/ directory the agent writes to. There is no database. The files are the database.

Demo flow

1. Land on / — five thesis subsegments, a positioning scatter, and a market map of eight companies scored on AI centrality, workflow depth, data loop, founder fit, traction and SFV thesis fit.
2. Click any row → /memo/<slug> for the full memo. Inline [n] citations open source popovers categorized by type (primary, tier-1 press, analyst).
3. Click Generate new memo → /new. Type a company name, watch Exa research stream into the research log, watch the memo render live as the agent writes it, then auto-redirect to /memo/<slug>.

Suggested screenshot: the homepage scatter with the market-map table below, taken at desktop width.

Architecture

/app                Next 15 App Router pages — / · /memo/[slug] · /new · /thesis
/components         React components (home, memo, new, primitives)
/src
  /lib              Pure helpers — market-map-parser · memo-parser · source-classifier · subsegments
  agent.ts          Original CLI agent (unchanged)
  run-agent-streaming.ts   NDJSON-emitting wrapper used by /api/generate
  batch.ts          Batch runner for multiple companies (unchanged)
  merge-map.ts      Re-derives output/market-map.md from the memos (unchanged)
/prompts            system · memo template · rubric · operator context (unchanged)
/output             Memos + market map. Read at request time by Next.
/api/generate       SSE route → spawns tsx src/run-agent-streaming.ts

The Next site renders entirely from output/*.md at request time (force-dynamic). To change a memo, re-run the agent.

Run it yourself

Requires Node 20+ and an Anthropic API key. Exa is optional but strongly recommended — without it the agent falls back to built-in WebSearch and the research is meaningfully thinner.

git clone https://github.com/<user>/sfv-ic-agent
cd sfv-ic-agent
npm install
cp .env.example .env       # then fill in keys

.env:

ANTHROPIC_API_KEY=sk-ant-...
EXA_API_KEY=...            # optional but recommended

Then:

# the website
npm run dev                # http://localhost:3000

# generate one memo from the CLI (no website needed)
npm run agent -- "Casca"

# batch a list of companies (see src/batch.ts)
npm run batch

# regenerate output/market-map.md from existing memos
npm run merge-map

Deploy

vercel link
vercel deploy --prod

vercel.json extends the /api/generate function timeout to 600s so the agent can run end-to-end in production.

A note on the streaming endpoint

The original src/agent.ts only logs assistant text — tool calls and tool results never reach stdout, so parsing the CLI process can’t produce the per-tool research log that /new shows. The fix is a small wrapper, src/run-agent-streaming.ts, that mirrors the same query() call and emits NDJSON events for each message. The /api/generate route spawns the wrapper with tsx, parses each NDJSON line, and re-emits it as an SSE event. The original agent.ts is untouched.

---

Built by Filip Balenko.