What Endex does

Endex (legal entity Edvise Inc.) is an AI-native software company headquartered in Palo Alto, California, that has built an autonomous agent designed to operate natively within Microsoft Excel. The platform targets enterprise financial professionals — investment banks, private equity firms, hedge funds, and Fortune 500 corporate finance teams — whose core workflows depend on spreadsheet-based financial modeling, valuation analysis (DCF, LBO, three-statement models), and large-scale data processing. The company positions itself as the first AI agent purpose-built for the Excel environment rather than a generic LLM tool.

The product combines custom-built language models engineered for financial documents, integrations with major third-party LLM providers under zero-data-retention agreements, and a proprietary layer for Excel logic, including AI-labeled cell-reference tracing, sheet navigation, firm templates, PDF-to-table conversion, integrated source citations, and memories for recurring workflows. The platform unifies internal files, external data, and trusted sources (with listed integration targets including Bloomberg, FactSet, S&P Capital IQ, Refinitiv, and PitchBook) into a single searchable context. The company is a Microsoft Partner and has achieved SOC 2 Type 2, ISO 27001, GDPR, and CCPA compliance to meet enterprise procurement requirements.

Endex runs a hybrid go-to-market combining enterprise field sales targeting large financial institutions through multi-year custom deployments with a waitlist-based product-led growth motion for individual users. Revenue is generated via enterprise SaaS subscriptions with tiered pricing based on seat count and deployment scale; pricing is not publicly disclosed. The company has raised $14 million in seed funding (August 2025) led by the OpenAI Startup Fund with participation from Soma Capital, and is led by co-founder and CEO Tarun Amasa and co-founder and Chief Research Officer Pratham Soni. As of the most recent data, Endex has 11-50 employees.

Name

Endex

Legal name

Edvise Inc.

Website

https://endex.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Endex (Edvise Inc.) builds an Excel-native AI agent that accelerates financial modeling, valuation, and data analysis for enterprise teams at investment banks, private equity firms, hedge funds, and Fortune 500 corporations.

Ownership category

akta.pro rank

Product category

AI-Powered Financial Modeling Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industry

Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP) (HDAEAGAD)

Keywords

• AI financial modeling
• Excel automation software
• Financial data analysis
• Enterprise finance AI
• AI agent platform

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Enterprise SaaS Subscription: Endex operates as a SaaS platform with enterprise deployments at large financial institutions. The company offers both individual waitlist access and enterprise custom deployments, suggesting tiered subscription pricing based on seat count and deployment scale.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Endex provides an Excel-native AI agent that operates directly within Microsoft Excel to accelerate financial modeling and data analysis for enterprise financial teams. The product builds, navigates, and analyzes complex financial workbooks (three-statement models, DCF, LBO, pitch decks) using custom-built language models engineered for financial documents, with integrated citations, PDF-to-table conversion, and a unified data plane spanning internal and external sources. It is sold as a SaaS platform to investment banks, private equity firms, hedge funds, real estate developers, and Fortune 500 finance teams, with enterprise deployments and an individual waitlist.

Product overview

Endex is a single unified product offering—an Excel-native AI agent specifically designed for financial analysis and modeling. The core Endex product provides AI-powered automation directly within Microsoft Excel, with features including autonomous model building, Deep Research integration, financial document processing, and enterprise-grade security. The product unifies internal files, external data sources, and trusted financial data into a single searchable plane with full citations and auditability.

Differentiator

Problem solved

Functional benefit

Products and services

• Endex AI Agent for Excel An Excel-native AI agent that operates directly within Microsoft Excel to accelerate financial modeling and data analysis for enterprise financial teams. The product builds, navigates, and analyzes complex financial workbooks (three-statement models, DCF, LBO, pitch decks), converts PDFs to structured tables, unifies internal and external data sources with integrated citations, and is offered as enterprise SaaS to investment banks, private equity firms, hedge funds, real estate developers, and Fortune 500 finance teams.

Quantifiable outcome

• Users can create a three-statement model and DCF analysis in approximately 10 minutes
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability11 records

Feature9 records

Partnerships

One partnership is on record.

• MicrosoftcoreTechnology or IntegrationEndex is built as an Excel-native AI agent and holds Microsoft Partner status. The platform integrates deeply with Microsoft Excel, providing features like trace references, sheet navigation, and Deep Research integration using OpenAI models within the Excel environment.

Scale indicators2 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• ChatGPT Enterprise (OpenAI): General-purpose enterprise AI assistant from OpenAI used by many financial institutions for ad hoc analysis, modeling, and document review. Less finance-specialized than Endex but is the default starting point for many financial teams and is backed by the same investor that led Endex's seed.
• Anthropic Claude (Enterprise): Frontier LLM provider used by financial institutions for document analysis, reasoning, and code generation. Not a direct product competitor to Endex but is one of the "major model providers" Endex is integrated with and competes for end-user mindshare in financial workflows.
• Bloomberg AI / Bloomberg Terminal: Bloomberg Terminal with increasingly AI-driven analytics for financial modeling, data extraction, and research, deeply embedded in investment banking and hedge fund workflows. Indirectly competes by offering AI-augmented Excel add-ins and a comprehensive data + analytics layer that overlaps with Endex's stated integrations.
• Google Gemini for Sheets: Google's AI features within Google Sheets offering natural-language formula generation and data analysis. A direct competitor in the spreadsheet-AI category but lacks Endex's finance-specific customizations and Excel-native positioning.

Direct peers

• AlphaSense: Enterprise AI research and market intelligence platform used heavily by investment banks, PE firms, and corporates for financial research and analysis. Competes for the same analyst workflow minutes and the same financial-services procurement budgets as Endex.
• Hebbia: AI platform purpose-built for financial and professional services workflows including financial analysis, due diligence, and document-heavy research. Competes for the same investment banking, PE, and asset management budgets with a parallel agentic-AI approach to analyst productivity.
• Microsoft Copilot for Finance: Microsoft's AI assistant embedded directly in Excel and the broader Microsoft 365 suite, including finance-specific workflows. Most direct competitive threat because it ships natively inside the same Excel environment Endex targets and benefits from Microsoft's distribution and bundling power.
• Basis: AI agent platform built for accounting and finance workflows, automating bookkeeping, reconciliations, and financial analysis for accounting firms and corporate finance teams. Direct overlap in the corporate finance / Fortune 500 finance segment of Endex's customer base.
• FinChat: AI-powered investment research assistant targeted at retail and professional investors covering fundamentals, earnings, and financial analysis. Overlaps with Endex's investment-research use case for hedge funds and asset managers, though delivered as a chat-style tool rather than Excel-native.

Emerging players

• Trullion: AI-powered accounting and lease/contract analytics platform used by finance and audit teams. Adjacent rather than direct overlap, but competes for the same Fortune 500 finance team budget by automating financial document workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/endexai
• LinkedInlinkedin.com/company/endexai

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Endex