The opening of our London office is a direct consequence of the rapidly increasing demand for our AI Analyst. In 2025, we grew ARR 4x by welcoming more than 150 new customers to Grasp – including Big-4s and MBBs as well as leading global investment banks and investors.

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We’re heading into 2026 with steadfast conviction in our mission; helping financial institutions transition from people-heavy to technology-centric research workflows. We’ve never been more excited about achieving this transition than we are today. Our AI Analyst already automates workflows end-to-end - from sourcing trusted information and wrangling data in spreadsheets to producing client-ready PowerPoint decks. With our London office, we can now work hand-in-hand with some of the world’s largest financial institutions to ensure our frontier AI replaces their most tedious workflows.

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The expansion also marks the formal arrival of former PitchBook EMEA Director Lukas Otto as our UK Managing Director. Lukas built PitchBook’s EMEA commercial team from 15 to 360 employees, turning it into a global hub for the company. He brings deep experience scaling finance SaaS businesses in Europe, combined with a genuine enthusiasm for AI, and we’re thrilled to have him on board to lead our UK growth.

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If you’re an investment bank, management consultancy, or private equity firm that want to leverage AI to cut manual research while uncovering better insights, we’d love to meet. Reach out to our London team for a demo.