AI fintech platform Model ML has secured an investment from HSBC Asset Management to scale its agentic operating system built specifically for financial services.
The investment was made through HSBC Asset Management’s flagship venture capital strategy, which forms part of the firm’s $81bn alternatives platform. Financial terms of the transaction were not disclosed.
Founded in 2023, Model ML develops vertical AI software designed to automate complex, multi-step workflows across financial research, investment due diligence, financial modelling, and client document generation.
The group’s platform uses a “model-agnostic” orchestration engine, automatically routing specific financial tasks to the most suitable underlying AI model while enforcing enterprise governance, data privacy, and auditability.
“We’re delighted to welcome HSBC Asset Management as an investor. Their backing reflects growing confidence in vertical AI for financial services,” said Chaz Englander, co-founder and chief executive of Model ML.
“Rather than a single model, the differentiator is increasingly the software that can orchestrate multiple models across complex financial workflows. That’s exactly what we’re building.”
Patrick Sixsmith, head of venture capital at HSBC Asset Management, added: “AI and next-generation software are driving a new wave of innovation across the economy. This investment through our flagship VC strategy reflects our focus on backing companies operating at the forefront of these themes.”
