Model ML has closed a $75 million Series A funding round led by FT Partners, with participation from Y Combinator, QED, 13Books, Latitude, and LocalGlobe, marking one of the largest early-stage financings in the fintech sector. The investment comes within a year of the company’s launch and six months after its seed round.
CEO Chaz Englander stated, “We're thrilled to announce this round with such an exceptional group of investors as we continue our mission to transform how financial institutions work. This financing enables us to accelerate global expansion and advance our AI capabilities across key financial hubs as we scale to meet rapidly growing enterprise demand.” FT Partners’ Founder and CEO Steve McLaughlin noted, “Model ML is setting a new standard for how financial institutions leverage AI to achieve superior client results.”
The company’s platform enables financial teams to automate high-stakes deliverables such as pitch decks, diligence summaries, and investment memos by generating Word, PowerPoint, and Excel outputs directly from verified data. Model ML reports that its verification workflows outperform manual reviews, completing tasks in minutes with higher accuracy. Its advisory board includes former senior leaders from HSBC, UBS, Morgan Stanley, Nomura, and Julius Baer, several of whom publicly endorsed the company’s approach. With adoption already spanning major banks, asset managers, and two Big Four firms, Model ML positions its technology as a way to reduce manual workloads and improve precision in complex financial documentation.
