Grasp, a Swedish AI startup transforming finance and consulting workflows through multi-agent systems, has raised $7 million in Series A funding led by Octopus Ventures, with participation from Yanno Capital.
The round brings the total funding to $9 million.
Automating the Analyst’s Workbench
Founded in 2020 by former McKinsey consultants Richard Karlsson and Johan Devér, together with ex-Ericsson AI engineer Simon Hällqvist, Grasp’s platform connects multiple specialized AI agents to domain-specific datasets and financial tools.
The result is an AI-powered workspace that can identify relevant companies, generate analytical insights, and produce investor-ready materials—spreadsheets, presentations, and reports—automatically. By removing manual data gathering and formatting, the company enables investment analysts and consultants to focus on decision-making rather than documentation.
“At McKinsey, we spent 90% of our time reading reports, building Excel models, and creating presentations,” said Richard Karlsson, CEO and co-founder of Grasp. “We realized AI could completely transform this $1.4 trillion market of human-intensive finance work. Five years later, we’re proving that vision true.”
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Backed to Redefine Financial Workflows
Grasp’s platform is already gaining traction across global finance and consulting. In the past year alone, the company has grown ARR by 3.5×, and now serves nearly 200 customers in 30 countries, including several of the Big Four consulting firms.
The fresh capital will accelerate product development, expand Grasp’s multi-agent infrastructure, and grow its go-to-market and sales teams to support continued global expansion.
“AI has matured beyond text and is now capable of handling the complex, multi-modal workflows that dominate finance and consulting,” Karlsson added. “With Octopus Ventures’ backing, we’re ready to scale our impact globally.”
About Grasp
Grasp is an AI-powered platform built for financial professionals, automating company and market research for investment banks, private equity firms, and consulting organizations. By combining multi-agent AI systems with domain-specific data, the startup streamlines analysis, reduces manual work, and delivers actionable insights faster—redefining how financial research and advisory workflows are executed.
