Model ML Raises $12 Million in Funding

Model ML Raises $12 Million in Funding

Model ML, a San Francisco, CA-based AI fintech platform, has emerged from stealth mode with $12 million in funding.

The funding round was led by Y Combinator and LocalGlobe, with participation from prominent angel investors in banking and private equity.

Y Combinator is a Silicon Valley-based technology startup accelerator and venture capital firm. Founded in 2005, the firm primarily invests in B2B software and services, education, consumer, healthcare, real estate and construction, financial technology, industrials, and government sectors.

LocalGlobe is a UK-based venture capital firm focused on investing in early-stage technology businesses, primarily in London and the UK. Founded in 1999, the firm specializes in seed and impact investments.

With this funding, the company plans to scale its product, and expand its customer base.

Founded by brothers Chaz and Arnie Englander, Model ML provides an AI-powered workspace for investment firms and financial institutions. It helps analysts, portfolio managers, and researchers automate due diligence, financial research, and data analysis using AI. Model ML has offices in New York, San Francisco, London, and Hong Kong.

Funding Details

Company: Model ML Inc.

Raised: $12.0M

Round: Not specified

Funding Date: February 2025

Lead Investors: Y Combinator, LocalGlobe

Additional Investors:

Company Website: https://www.modelml.com/

Software Category: AI Enterprise