Founders of Fancy and Fat Llama Secure $12M to Launch Model ML: The AI Powerhouse for Workspaces

Model ML, an innovative AI startup, has stepped out of stealth mode with an impressive $12 million funding round. Backed by Y Combinator and London-based LocalGlobe, with contributions from high-profile angel investors in banking and private equity, the company is set to transform the way financial professionals operate.

Tackling Inefficiencies in Financial Services

Model ML is designed to address a massive inefficiency in the professional world, particularly within financial services, consulting, and strategy teams. Skilled professionals often lose up to five weeks annually on repetitive tasks such as data retrieval, analysis, and reporting. Traditional AI tools have failed to solve this challenge due to their lack of precision, compliance, and ability to adapt to the fragmented systems of highly regulated industries.

Model ML takes a groundbreaking approach by acting as a tailored AI brain for each organization. Its proprietary system mimics human cognitive processes, providing real-time insights with precision, security, and compliance. This unique architecture makes it a powerful ally for professionals, enabling them to focus on high-value tasks while automating the repetitive ones.

AI-Powered Workspaces Built for Professionals

Unlike generic solutions, Model ML integrates seamlessly into existing workflows via API and offers a user-friendly interface designed to replace tools like Microsoft Office Suite and Google Drive. By consolidating these systems into an AI-powered workspace, Model ML enhances decision-making speed and accuracy for financial analysts, consultants, and strategists.

Voice-First Interface for Instant Insights

One of Model ML’s standout features is its voice-first interface. Professionals can query the system using natural language on mobile or desktop and receive structured insights instantly. This conversational AI eliminates the need for manual searches, making it a game-changer for fast-paced industries.

Built for Security and Compliance

Security and compliance are central to Model ML’s architecture. The platform pulls data exclusively from pre-approved, trusted sources, ensuring reliability and regulatory adherence. This focus on accuracy and compliance gives Model ML a significant edge over traditional AI tools in industries like finance, law, and consulting.

Aiming for Scale and Impact

Founded by brothers Chaz and Arnie Englander, the entrepreneurs behind Fat Llama and Fancy, Model ML aims to become Europe’s first trillion-dollar AI company. Operating under stealth, the platform has already onboarded over 20 clients, including major financial institutions, with early adopters reporting improved efficiency and streamlined workflows.

Chaz Englander, co-founder and CEO of Model ML, explained the company’s vision:
“Traditional software relies on manual data gathering for emails, financial models, and presentations. Model ML eliminates these inefficiencies with advanced AI systems, letting users interact with their devices through voice commands. We’re leading a revolution in human-computer interaction.”

Backed by Industry Leaders

Ziv Reichert, Partner at LocalGlobe, commented:
“Model ML addresses one of AI’s largest economic opportunities: automating repetitive yet valuable manual work for highly-paid knowledge workers. The platform is already redefining expectations of output and efficiency in professional industries. Chaz and Arnie’s customer-centric approach is driving rapid adoption and transformation.”

The Road Ahead

With fresh funding, Model ML will focus on scaling its product, expanding its customer base, and refining its AI-driven workflow tools. The company’s rapid growth underscores its potential to reshape professional industries, making it an essential tool for finance, consulting, and legal teams worldwide.

Model ML is not just another AI tool—it’s a catalyst for innovation, enabling professionals to unlock unprecedented levels of productivity and efficiency. As it continues to scale, the company is poised to become a cornerstone of AI-powered workflows in the modern workspace.