Model ML
About Model ML
Model ML is a AI Vertical Platforms startup based in London, United Kingdom that has raised $87M in venture capital across 3 funding rounds since 2023. The company reached Series A stage in August 2026 with a null round led by HSBC Asset Management. Model ML's investor base includes 7 institutional funds, with FT Partners leading the most recent equity round.
Model ML is a London-founded agentic AI platform purpose-built for financial services, automating research, due diligence, financial modelling, and client document generation. Founded in 2023 by brothers Chaz Englander (previously Fat Llama, YC S17, acquired by Hygglo) and Arnie Englander (previously Fancy, YC S20, acquired by Gopuff), the company graduated from Y Combinator's Winter 2024 batch. Its model-agnostic orchestration engine routes tasks to the best underlying AI model while enforcing enterprise governance, auditability, and data privacy — delivering institutional-quality outputs directly in Word, PowerPoint, and Excel. Clients include Deloitte, PwC, investment banks, asset managers, and PE/VC firms. In February 2025, Model ML raised a $12 million Seed round. In November 2025, it raised a $75 million Series A led by FT Partners — one of the largest fintech Series A rounds on record — with participation from QED, Y Combinator, LocalGlobe, 13Books, and Latitude. In August 2026, HSBC Asset Management made a strategic equity investment in the company to integrate Model ML's 'digital teammate' capabilities into HSBC's investment workflows.
Model ML Funding Rounds Timeline
3 rounds · $87M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Strategic | August 2026 | Undisclosed | — | HSBC Asset Management | — |
| Series A | November 2025 | $75M | — | FT Partners | QED, Y Combinator, LocalGlobe, 13Books, Latitude |
| Seed | February 2025 | $12M | — | — | Y Combinator, LocalGlobe, 13Books, Latitude |
Investors in Model ML
7 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Model ML
- FundingHSBC Asset Management invests in London-founded Model MLAugust 2026
Questions about Model ML
How much has Model ML raised?
Model ML has raised $87M across 3 funding rounds since 2023.
Who are the investors of Model ML?
Model ML's investors include FT Partners, HSBC Asset Management, Y Combinator, QED, LocalGlobe, 13Books, Latitude.
When was Model ML's last funding round?
Model ML's most recent round was a null Strategic in August 2026, led by HSBC Asset Management.
Where is Model ML headquartered?
Model ML is headquartered in London, United Kingdom, and was founded in 2023 by Chaz Englander, Arnie Englander.