Quick Facts
Grasp has raised $7 million in a Series A funding round to support its international expansion.
The round was led by Octopus Ventures, with existing investor Yanno Capital also participating.
Founded in 2020 by former consultants Richard Karlsson and Johan Devér together with ex-Ericsson AI engineer Simon Hällqvist, Grasp develops a multi-agent AI platform to automate tasks for finance professionals.
Grasp’s platform links domain-specific AI agents with trusted data tools to streamline complex tasks like company research, insight generation, and presentation creation for investment banks and management consultants.
Over the past 12 months the company has achieved 3.5× ARR growth and now serves nearly 200 customers across 30 countries, including several major consulting firms.
The latest funds bring the company’s total funding to approximately $9 million.
Headquartered in Stockholm, Grasp has opened its first international office in London as part of its global expansion plans.
The company aims to capture a portion of the estimated $1.4 trillion global market for investment banking and management consulting services by automating human-intensive workflows.