Grasp Raises $1.9M in Funding

Funding Rounds

Summary

Grasp, a Stockholm, Sweden-based AI assistant for investment banks and management consultants, raised $1.9M in funding. The round was led by Yanno Capital, in partnership with Philian Invest. The company intends to use the funds to accelerate the development of its AI platform and continue its global expansion. Founded by Richard Karlsson and Johan Cederqvist Devér, along with AI engineer Simon Hällqvist, Grasp provides an AI platform that uses generative AI and language models to streamline complex tasks currently performed by investment banks and management consultants. The technology is currently used by 25 companies in 15 countries across the world, including in the USA, Canada, the United Kingdom, and Sweden.

$ Funding

$
Amount $1.9M Total raised
Date May 14, 2024 Announcement date
Investors - Lead investors
Company getgrasp.com Funded company

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Customer Service & Support

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Casengo
$1M to $5M