Model ML has raised US75 million in new capital. It is a large Series A. It also arrives early in the companys life. The round was led by FT Partners, the long-standing FinTech investment bank known for late-stage advisory work rather than early bets. Y Combinator joined the round. So did QED Investors, 13Books, Latitude, and LocalGlobe.
The raise brings total funding to US87 million. It arrives just a year after the startup launched. It also follows only months after the previous round. The pace is unusual. The size is also unusual. Many early FinTech rounds this year remain small. Investors want revenue maturity. They also want regulatory clarity.
Model ML positions itself as an automation engine for investment bankers. Its pitch is simple. Bankers spend long hours assembling pitch decks, financial models, and due-diligence files. These documents take time. They also carry risk when errors slip through. The company wants to shorten these workflows and reduce mistakes.
