Peter Fuller
21 Jan 2026Europes Newest Unicorn Joins, Eleven Labs Eyes $11B, Sequoia Looks To Anthropic, $1M X Article Payou
Tracelight 1.0 Launch with CEO Peter Fuller
Peter Fuller, co-founder and CEO of Tracelight, announces version 1.0 of the company's AI add-in for Excel — 'like Cursor in Excel' — which builds, automates, and error-checks complex financial models for consultants, bankers, and investors via natural-language prompts. He argues long sales cycles with banks are 'the market doing its job,' says onboarding starts with power-user teams before rolling out firm-wide, and explains why spreadsheets are 'hard mode' for LLMs. He recounts closing the $3.6M seed round in early 2025 by convincing investors AI-plus-Excel was a real category, and frames the end goal as becoming the vendor of choice for the biggest institutions — ultimately the place businesses work with AI on their biggest problems, as Harvey and Legora did for law. The show closes with a Specter ad and a teaser for Thursday's 'even bigger' episode.
21 Jan 2026ElevenLabs $11B, Sequoia Eyes Anthropic, $1M Article Payout, King Klinger
Tracelite 1.0 Launch: AI Financial Modeling in Excel with Peter Fuller
Peter Fuller, CEO and co-founder of Tracelite, announces the 1.0 launch of the company's AI add-in for Excel, which builds complex financial models for consultants, bankers, and investors — 'like Cursor in Excel' — and he argues long enterprise sales cycles are the market doing its job, with onboarding typically starting per team. He explains why spreadsheets are 'hard mode' for LLMs, crediting co-founders from Jane Street and 11X, and notes huge recent model progress like Opus 4.5. He outlines the end goal of being where customers work with AI on all tasks, akin to Harvey and Lagora for law, the $3.6M seed round closed in spring, and 2026 plans to become the vendor of choice for the largest institutional customers via a forward-deployed motion, before the hosts close the show and tease Thursday's episode with Mr. Clinger.