We are building a central repository for hedge funds to store their most valuable Excel data that can be accessed with conversational search.
Co-Founder and CEO of Formula Insight. Will brings a decade of financial expertise to the role. He spent the past 4 years in public equities investing, most recently managing a healthcare equities portfolio at Citadel. In 2022, Will distinguished himself as a top 5 equity analyst within Citadel's Global Equities division.
Co-Founder and CTO at Formula Insight. Background in aerospace engineering working on rockets and drones, most recently at SpaceX and Zero Aviation. Led design, testing and certification for engine components on Falcon 9 and Starship. Most recently founded Zero Aviation, a defense startup focused on developing long range fixed wing drones.
tl;dr
Excel data is essential to any hedge fund's investment process. However, it’s inefficient to extract and compare details between various complex models.
The Problem
The current method of Excel record keeping precludes key details and is not intuitive to search and extract. Hedge funds are only able to keep track of a few metrics manually.
The Solution
So we're building an application that can label and store every single cell in a central repository. Modeling variables can be easily extracted and compared using natural language. Eventually, this builds into a knowledge database for the next generation.
Our backstory
At Citadel, Will worked with 50-70 different financial models, each with 10-15 thousand cells. These Excel models became difficult to manage and counterproductive.
At SpaceX, Stefan wasted hours reviewing other people's spreadsheets with missing labels when designing rocket engines.
We think these work processes should be seamless.
Our ask