G
Grasp
Generative AI assistant for financial advisory workflows
About Grasp
Grasp is a Swedish startup offering a generative AI platform tailored for the financial advisory industry, specifically targeting investment banks and management consultants. Founded in Stockholm in 2020 by former McKinsey consultants Richard Karlsson (CEO) and Johan Cederqvist Devér (CCO), along with AI engineer Simon Hällqvist (CTO), the company aims to enhance productivity by automating complex and time-consuming tasks. The founders' backgrounds in management consulting and AI engineering directly inform the platform's focus on solving workflow inefficiencies within the financial sector.
Read full description
The company's core product is an AI assistant, delivered as a SaaS solution, that utilizes proprietary generative AI and language models. It is designed to streamline financial workflows, automate research, and assist with tasks like buyer and target screening. The business model is subscription-based, and since its launch in December 2023, the company has reported rapid customer acquisition. As of May 2024, Grasp served 25 companies across 15 countries, including the USA, UK, and Canada.
In May 2024, Grasp announced it had raised approximately €1.7-1.9 million in a seed funding round from investors Yanno Capital and Philian Invest to accelerate platform development and global expansion. The company reported reaching an annual recurring revenue (ARR) of over 3 million SEK by that time.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Stockholm, Sweden
- Employees
- 45
- Open positions
- 5
- Dealroom signal
- 88.0/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Wealth Management
- Sector
- Fintech, Market Intelligence, Core AI, Spinout, Investment Research, Generative AI, genAI Applications
- Technology
- Artificial Intelligence, Machine Learning, Natural Language Processing
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Grasp.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2025 | $7M | $28M | Octopus Ventures · Yanno | ↗ |
| SEED✓Equity / VC | May 2024 | $1.9M | $7.6M | Yanno · Philian Invest | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Grasp is 17K monthly website visits, up 0% over the last three months. Grasp's team grew 36.4% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Yanno- PIPhilian Invest
Series A1 investor entered at this stage
Other known investors2 additional known investors
KTH Innovation
KTH Royal Institute of Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Grasp on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Grasp’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.