Model ML raises €65M Series A as its AI outperforms Top Consulting Benchmarks

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Model ML raises €65M Series A as its AI outperforms Top Consulting Benchmarks
© Model ML

London-based Model ML has secured €65 million in Series A funding to scale its AI automation platform across global financial hubs.

The round was led by FT Partners, with participation from Y Combinator, QED, 13Books, Latitude, and LocalGlobe—arriving just six months after the company’s Seed round and one year post-launch. CEO Chaz Englander says the capital will accelerate expansion and deepen Model ML’s capabilities as enterprise demand surges.

Redefining Financial Workflows

Model ML builds AI systems that generate client-ready Word, PowerPoint, and Excel outputs directly from trusted data—automating pitch decks, investment memos, diligence reports, and other high-stakes deliverables. Instead of manual formatting, cross-checking, and error-prone reconciliation, its agentic workflows interpret schemas, reason across multiple data sources, write transformation code, and produce polished outputs with built-in verification.
In benchmark tests, the platform completed complex assignments in under three minutes—roughly 20× faster than leading consulting firms—while catching more inconsistencies.

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Part of Europe’s Rising FinTech Automation Wave

The raise follows a strong year for AI-powered financial workflow tools in Europe. Companies including Tines (€120.7M), Nexos.ai (€30M), Light (€25M), Finary (€25M), Allasso (€2.5M) and Grasp (€6M) collectively attracted more than €200 million in funding in 2025. Within this landscape, Model ML stands out as the only UK-based platform delivering fully automated, client-ready outputs for investment banks and asset managers.

Rapid Adoption Across Finance

Founded in 2023 by Chaz and Arnie Englander, Model ML is now used by investment banks, asset managers, and consulting firms including UBS, HSBC, OpenAI, the Big Four, and Three Hills Capital. Colin Evans of OpenAI noted that Model ML “moves faster than almost any company we’ve seen,” praising its product velocity and impact on financial workflows.

Scaling Across Global Financial Centers

The company will use the new funds to expand its presence in San Francisco, New York, London, and Hong Kong, and to scale engineering teams focused on its proprietary agentic systems. A growing customer success organization will support enterprise onboarding as the platform becomes increasingly embedded in financial operations.

About Model ML

Model ML builds AI-powered digital teammates for financial institutions, automating workflow execution and generating verified, client-ready outputs. Its agentic systems connect to multiple data sources and applications, enabling faster analysis, consistent accuracy, and efficient production of high-stakes deliverables across global finance.

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