Endex.ai, a startup developing an AI agent for Microsoft Excel, has secured $14 million in funding. The investment, led by the OpenAI Startup Fund, highlights the growing interest in integrating AI with traditional business tools.
The Endex.ai agent is designed to automate tasks, streamline data analysis, and provide actionable insights within Excel. It can assist with data cleaning, advanced visualisation, and identifying trends. The AI is engineered to understand financial documents, reconcile data, and navigate complex workbooks. It also integrates with external data sources, such as CapIQ and FactSet.
Endex.ai's technology is aimed at finance teams, but it can be applied to various Excel-based tasks across different professional domains. The company's AI agent offers features like auditable outputs, customisable templates, and OpenAI's Deep Research integration.
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