ABOUT US

We started out as a consultancy helping data teams at investment firms make better use of Bloomberg data.

While working with Data Analysts we noticed that even those who were expert Python/R programmers commonly used Excel as a secondary tool — particularly for communicating computations to teammates, fast-turnaround prototypes, calculation scratch pads, and when answering "This doesn't look right?" questions about ETL results.

We also noticed that existing Excel tools were surprisingly primitive when serving Data Analysts who come to Excel with SQL in hand and need easy parameterization and fast edit/run feedback loops.

Optimal(xl) is our solution. It is founded on three central ideas:

  • By making it fast and easy to parameterize and execute SQL within Excel — and assuming you'll do anything beyond that with other tools — we can build a simple, Excel-based SQL playground that is dazzlingly better than Power Query or VBA for SQL-centric work.
  • In-cell SQL — with connection metadata alongside as a cell comment — which generates or updates an Excel table directly below it via shortcut keys or menu command, is the data-acquisition method preferred by many Data Analysts. It is more understandable, observable and debuggable than Power Query, VBA or bespoke VSTO/COM/XLL add-ins. And it doesn't pollute Excel's calculation chain with relatively slow data-access calls like Google Sheets' QUERY(...) and Bloomberg's BDH(...) worksheet functions.
  • The right mixture of withered technologies (Excel C API; VBA) and new technologies (F#; Snowflake; Cloudflare Workers) can produce Excel-based software that is far more robust, performant and enjoyable than Excel users have come to expect.

EXECUTIVE TEAM
Karl Clauson
Co-founder and CEO

Karl began his career, in March 2000, at Goldman Sachs in New York City on a cross-product team that built high-performance Excel software across the firm (IBD, MBD, FICC, GS Principal Strategies and the Executive Office).

After five years at Goldman he joined the Quantitative Research Group at Caxton International and three years later left with a ten-person team to start their own hedge fund, Eisenstat Capital Partners. For the next nine years he worked at systematizing the group's discretionary investment process as the fund grew an inception AUM of $385M to $1B+, largely through performance.

In 2017 he founded a consultancy to help Data Analysts incorporate Bloomberg data into their ETL processes. This ultimately turned into the optimal(xl) software product when he witnessed how much time Data Analysts lost with suboptimal Excel tactics.

Karl lives in San Diego and has an undergraduate degree in Mathematics.

Kevin Clauson
Co-founder and COO

Kevin began his career as a professional ice hockey player in North America and Europe after being drafted by the New York Islanders in 1998 and a collegiate career at Western Michigan and UMaine.

After his playing career he attended law school and, in 2010, joined the litigation department of New York City law firm Herrick, Feinstein where he specialized in securities and commodities litigation. In 2013, he left to join a private practice and in 2017 he left the law altogether for a coding bootcamp.

In 2018 Kevin moved to San Franciso and joined Pinterest as a software engineer to help build their image and video processing platform.

In 2024 he joined optimal(xl) as a co-founder and Chief Operating Officer.