The Finance Startup Bringing Agentic AI to Wall Street
Chaz and Arnie Englander of Model ML explain how their AI workspace already serves 10% of top investment banks and PE firms, with contracts accelerating sharply in 2025.
- Model ML signed as many contracts in the last 7 days as in all of Q4, signaling a market inflection from pilots to production.
- 10% of the world’s largest investment banks and private equity firms now use Model ML.
- Average deal is multi-year; CEO and most-senior execs are the decision-makers, not team leads.
- Vision models plus OCR changed the product’s core capability: AI now outperforms humans at extracting structured data from public filings.
- The founders believe full task autonomy is imminent — morning deliverables will appear without anyone clicking ‘run.’
- Fat Llama took 3 years to find PMF; Fancy (vertically integrated grocery delivery in the UK) found it almost overnight and was acquired by Gopuff ~18 months after launch.
- 80% of Model ML customers are US-based; key technology decision-makers for global finance firms are disproportionately in San Francisco, not New York or London.
- Their ambition is to be among the first 10-person billion-dollar companies by staying close to customers and shipping fast.
2025-07-31 · Watch on YouTube