Tracelight, a British AI company working to make financial models easier to build and trust, has raised €3 million in Seed funding to build out the product, team and distribution to serve the world’s finance and strategy professionals. The round was led by Chalfen Ventures, with participation from Acequia Capital, Inovo and EF, and angels including Charlie Songhurst (ex Microsoft head of Corporate Strategy) and Suhit Gupta (ex-CIO General Atlantic and Carlyle).

Tracelight, a British AI company working to make financial models easier to build and trust, has raised €3 million in Seed funding to build out the product, team and distribution to serve the world’s finance and strategy professionals. The round was led by Chalfen Ventures, with participation from Acequia Capital, Inovo and EF, and angels including Charlie Songhurst (ex Microsoft head of Corporate Strategy) and Suhit Gupta (ex-CIO General Atlantic and Carlyle). Peter Fuller, Co-founder and CEO of Tracelight, said: “Complex financial models underpin all of the corporate world’s most important decisions.

Tracelight, a London-based startup developing large language model (LLM) tools for the financial sector, has raised £2.7m in seed funding.

Tracelight, a British AI company working to make financial models easier to build and trust, has raised €3 million in Seed funding to build out the product, team and distribution to serve the world’s finance and strategy professionals. The round was led by Chalfen Ventures, with participation from Acequia Capital, Inovo and EF, and angels including Charlie Songhurst (ex Microsoft head of Corporate Strategy) and Suhit Gupta (ex-CIO General Atlantic and Carlyle).

Discover how Tracelight outperformed ChatGPT, Claude, and Microsoft Copilot in our comprehensive 2026 test of AI assistants for Excel data manipulation.

Tracelight, a London, UK-based AI company developing financial models, raised $3.6M in Seed funding

Tracelight, a British AI company working to make financial models easier to build and trust, has raised €3 million in Seed funding to build out the product, team and distribution to serve the world’s finance and strategy professionals. The round was led by Chalfen Ventures, with participation from Acequia Capital, Inovo and EF, and angels including Charlie Songhurst (ex Microsoft head of Corporate Strategy) and Suhit Gupta (ex-CIO General Atlantic and Carlyle). Peter Fuller, Co-founder and CEO of Tracelight, said: “Complex financial models underpin all of the corporate world’s most important decisions.

UK-based Tracelight has raised $3.6 million in a seed funding round to enhance its AI engine designed for financial modelling, revolutionizing an industry reliant on outdated tools.

An Excel-native AI plug-in delivers fast, accurate, and complex modelling, empowering financial analysts to make informed decisions more quickly.