2025-12-02
Ascentra Labs raises $2 million to help consultants use AI instead of all-night Excel marathons
While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemoth—has remained stubbornly analog. A London-based startup founded by former McKinsey consultants is betting $2 million that it can crack open this resistant market, one Excel spreadsheet at a time.
Ascentra Labs announced Monday that it has closed a $2 million seed round led by NAP, a Berlin-based venture capital firm formerly known as Cavalry Ventures. The funding comes with participation from notable founder-angels including Alan Chang, chief executive of Fuse and former chief revenue [...]
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