# Crunched raises $6M to scale the AI analyst Excel power users deserve

**Spreadsheets are the backbone of business and finance. Yet Excel-modeling remains slow, manual, and error-prone.**

Advisors and investors spend multiple hours every day in Excel, stitching models together by hand under intense time pressure. Despite best efforts, most large spreadsheets still contain critical errors, with real financial consequences.

**We built Crunched to fundamentally change the old workflow.**

Crunched is an Excel AI analyst built by and for Excel power users. It works directly inside Excel, understands real-world financial models, and behaves like a top-tier analyst: building, reviewing, researching, and stress-testing models without breaking existing workflows.

Today, we're excited to share that Crunched has raised **$6M in seed funding**, led by **First Round Capital**, with participation from **Y Combinator**, **20VC**, and many more incredible VCs and angels including YC founder **Paul Graham** and **Mario Götze**.

## Your own top-tier AI analyst, right in Excel.

We've spent thousands of hours building models at McKinsey, investment banks, and private equity firms. Crunched is the product we wished we had.

It works as a side-bar chat directly in Excel, which you can speak to in natural language to solve the core elements that steal time from power users:

### Model review and error checking

- Detects logical, linking, and conceptual errors across workbooks of any size.
- Explains model linking and logic so you can get up to speed quickly.

### Model building

- Builds DCFs, LBOs, market models, and bespoke analyses directly in-sheet - fully linked and editable.
- Populates templates with firm-standard formatting.

### Research and data extraction

- Pulls structured data from PDFs, investor decks, and online sources straight into Excel – fully verifiable with source citations.
- Accesses data from financial data providers directly into your models.

## Save time and increase accuracy — with more firm-specific features coming soon.

Our customers already report **more than 50% time savings** in Excel with higher accuracy, as analysts and associates go from manual builders to expert reviewers of Crunched's output.

[Mile Marker Advisors is seeing up to 60-90% time savings](https://www.usecrunched.com/case-study/mile-marker) on core financial modeling workflows.

## From a top-tier analyst to a firm-tailored top-tier analyst

We're using our new funding to go from a top-tier analyst to a firm-tailored top-tier analyst, with:

- Firm-specific templates, formatting, and prompt libraries
- Custom data source integrations for external and internal sources
- Forward deployed engineering solutions

The goal is simple: Every Excel power user gets their own firm-specific world-class analyst, available 24/7.

## Try Crunched

If you live in Excel, care about correctness as much as speed, and believe AI should adapt to expert workflows (not replace them):

[Book a demo](https://www.usecrunched.com/)

## Join our team

If you're an engineer who wants to solve brand new technical problems and work in a fast-moving global startup:

[recruiting@usecrunched.com](mailto:recruiting@usecrunched.com)

About Crunched

Crunched is an AI Excel analyst built by and for Excel power users in investment banking, private equity, and management consulting. We integrate advanced AI models directly into Excel to automate modeling, error-checking, research, and templated outputs - without breaking existing workflows.

The goal: automate Excel grunt work, one high-impact pain point at a time.