Grasp Raises $7 Million Series A to Drive AI Automation in Financial Services

Sweden-based AI fintech Grasp secures fresh capital to scale its multi-agent AI platform and accelerate automation across investment banking and consulting workflows.

Highlights:

  • Grasp has closed a $7 million Series A round, bringing its total funding to approximately $9 million.

  • The platform uses a proprietary multi-agent AI system to automate complex tasks within investment banking and management consulting, helping teams produce higher-quality outputs faster.

  • The funding will be used to accelerate international expansion (including a new London office), grow the product and sales teams, and serve a growing global customer base.

Summary :
Grasp, a Stockholm-based fintech startup founded by former consultants and AI engineers, is tackling one of the most labor-intensive parts of financial services: manual analysis and reporting in investment banking and consulting. With the recent $7 million Series A round led by Octopus Ventures and participation from existing backer Yanno Capital, the company is now poised to scale its proprietary multi-agent AI platform globally.

Grasp’s platform connects domain-specific AI agents to trusted datasets and tools, enabling finance professionals to move beyond spreadsheets and presentations to richer insights faster. With reported 3.5× annual recurring revenue growth and service to nearly 200 clients across 30 countries, the startup is building momentum.

Now, the fresh funding will sharpen Grasp’s international footprint—most visibly with a new London office—and expand its product and sales operations to capture a significant piece of the $1.4 trillion finance-knowledge-work market. As financial institutions look to automate at scale, Grasp aims to be the AI-engine making that leap possible.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...