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Grasp secures $1.9M in seed funding round

Grasp, a Stockholm-based AI assistant for investment banks, has raised $1.9M in funding.

The round was led by Yanno Capital with participation from Philian Invest. Funds will accelerate the development of Grasp's AI platform and support global expansion.

Founded by Richard Karlsson, Johan Cederqvist Devér, and AI engineer Simon Hällqvist, Grasp aims to streamline complex tasks for investment banks and management consultants using generative AI.

The platform serves 25 companies in 15 countries, including the USA, Canada, the UK, and Sweden.