Yanno completes follow-up investment in Grasp
Grasp has secured $7 million in Series A funding, led by Octopus Ventures and with participation from Yanno Capital, to build the AI Analyst powering the future of finance.
The fundraise will be used to accelerate product development and expand commercial reach, most recently marked by opening a London office.
Grasp’s AI Analyst is an agent system that uses tools to perform tasks, much like a human would, handling everything from Excel and coding to polished presentations. It helps finance professionals save time, improve quality, and uncover insights that would otherwise be missed. Today, it’s already used by nearly 200 investment banks, consultancies, and private equity firms worldwide.
“Grasp aims to automate 90% of the tasks currently performed by junior consultants in banking and finance. We believe in their vision. From personal experience, I know that the sector involves a lot of repetitive work. And we’ve seen how quickly they’ve grown since our last investment,” says Anna Storåkers.
http://Grasp - The world’s businesses, uncovered.
https://www.di.se/mobil/digital/ai-konsulten-vaxer-snabbt-med-storakers-i-ryggen/
http://Grasp raises $7 million to automate investment banking work
Yanno Capital partnered with Grasp in May 2024
