Model ML Raises $75 Million to Expand AI Workflow Automation in Financial Services

Model ML has raised $75 million in a Series A funding round led by FT Partners, announced in a press release. The round included participation from Y Combinator, QED, 13Books, Latitude, and LocalGlobe.

The funding follows Model ML’s seed round six months earlier and comes just a year after its launch. The company plans to use the new capital to expand globally and enhance its AI capabilities across major financial hubs, including New York, London, San Francisco, and Hong Kong.

Model ML’s platform enables financial professionals to automate the creation of client-ready Word, PowerPoint, and Excel documents directly from trusted data sources. Its AI agents interpret schemas, extract and transform data, and generate branded deliverables such as investment memos and pitch decks with built-in verification features.

The company reports adoption by several major banks, asset managers, and consulting firms, including two of the Big Four accounting firms. Model ML’s advisory board includes former executives from HSBC, UBS, and Barclays, underscoring its growing influence in AI-driven financial services automation.