Grasp Raises $1.9M to Enhance AI Platform for Investment Banks and Consultants

Grasp is a tech startup focused on revolutionizing how investment banks and management consultants work by providing advanced AI tools.

Source: Grasp

Company Name: Grasp
Location: Stockholm, Sweden
Sector: Financial Technology, AI Software
Funding Details: Raised $1.9M in funding. The round was led by Yanno Capital, in partnership with Philian Invest.

Purpose of Investment: To accelerate the development of its AI platform and continue its global expansion.

Leadership: Founded by Richard Karlsson and Johan Cederqvist Devér, with AI engineer Simon Hällqvist.

Product: Grasp offers an AI platform that uses generative AI and language models to automate and streamline complex tasks for investment banks and management consultants. The platform is designed to enhance productivity and efficiency in handling data-intensive analyses and reports.

About Company: Grasp is a tech startup focused on revolutionizing how investment banks and management consultants work by providing advanced AI tools. Currently, the technology is adopted by 25 companies across 15 countries, including the USA, Canada, the UK, and Sweden.

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