# Tracelight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tracelight

- Industry: Software
- Headquarters: London, UK
- Website: www.tracelight.ai
- Total disclosed funding: $3.4M
- Latest round: Seed (Aug 7, 2025)
- Investors on record: 4

## About

Tracelight is a UK-based company that specializes in providing an advanced AI assistant for financial modeling in Microsoft Excel, enhancing accuracy and automating processes for its users.Founded in 2024 and headquartered in London, UK, Tracelight focuses on developing AI-driven solutions for financial professionals. The company successfully raised EUR 3 million in Seed funding in August 2025, led by Chalfen Ventures with participation from Acequia Capital, Entrepreneur First, and Inovo VC. Notably, this funding represents the total amount raised by the company. Tracelight's core offering is an advanced AI assistant designed specifically for financial modeling within Microsoft Excel. This product streamlines the financial analysis process by enhancing data accuracy, automating error-checking, and improving the overall presentation of spreadsheets. Key functionalities include custom command creation, where users can describe their needs in plain language to generate tailored Excel solutions directly. The tool also provides visual aids and textual responses to inquiries about financial models, catering to a diverse clientele that includes financial analysts, corporate finance teams, and enterprise-level organizations. Tracelight is marketed primarily in North America and Europe, targeting industries that require rigorous financial modeling, such as investment banking, asset management, and corporate finance.Revenue generation for Tracelight is structured primarily around subscription-based models, where clients pay for access to various tiers of service based on their specific needs. The company offers several pricing plans, including a basic tier with limited functionality and a premium tier that includes advanced features such as unlimited usage and prioritized support. Clients can expect to engage with Tracelight through direct B2B transactions, where organizations subscribe to the platform based on the number of users and required features. This structure facilitates scalable financial modeling solutions for teams of varying sizes, ensuring that organizations can access the tools necessary for effective data analysis while enhancing their operational efficiency.In August 2025, Tracelight raised EUR 3 million in Seed funding, which will be utilized to advance its product aimed at enhancing efficiency for financial professionals. The company has plans to introduce new features and tools designed specifically for enhanced financial analysis. Additionally, Tracelight seeks to expand its presence beyond North America and Europe into emerging markets, though specific regions and timelines are yet to be detailed.

## Funding rounds

- Seed, Aug 7, 2025, $3.4M — Acequia Capital, Entrepreneur First, Inovo VC, Chalfen Ventures

## Investors

- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Inovo VC (https://capitalatlas.ai/funds/inovo-vc) — Seed
- Chalfen Ventures (https://capitalatlas.ai/funds/chalfen-ventures) — Seed