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.

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