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Copilot covers the whole Office suite. We focus on the formulas inside it.

Formula Foundry

Formula editor & manager

CI

Copilot in Excel

Microsoft 365 Copilot for Excel

Microsoft Copilot is a broad assistant — it writes documents, summarizes meetings, generates slides, and now does agentic spreadsheet work in Excel. Formula Foundry is the opposite shape: a specialist editor for the craft of formula authoring, with the things a serious formula author needs that an Office-wide AI doesn't bother with.

Free plan · No credit card · The editor runs in your sheet · Works alongside Copilot

Copilot in Excel overview

The context worth knowing

Microsoft 365 Copilot is the AI layer Microsoft has been weaving across Office for two years — Word, Excel, PowerPoint, Outlook, Teams. In Excel specifically, it now offers the COPILOT() function (in-cell AI that recalculates with your data), automatic formula generation across columns and rows, and Agent Mode for multi-step spreadsheet manipulation. It's strong at what general AI is strong at. Formula Foundry doesn't compete with that breadth; it competes for analysts who write and maintain formulas all day and want a specialist editor for that specific work.

If your spreadsheet work is part of broader Office work, Copilot covers it. If formulas themselves are the work, you'll feel the gap fast.

Copilot in Excel pricing & features vs Formula Foundry

Side-by-side at a glance

Different tools for different jobs. The honest comparison is which job you're doing more of.

Primary use case

Formula Foundry
Formula editing, management & AI
CICopilot in Excel
General-purpose Office AI

Where it runs

Formula Foundry
Microsoft Excel + Google Sheets
CICopilot in Excel
Microsoft Excel only

Multi-line formula editor

Formula Foundry
CICopilot in Excel

Syntax highlighting

Formula Foundry
CICopilot in Excel

Auto-indentation

Formula Foundry
CICopilot in Excel

AI formula generation

Formula Foundry
CICopilot in Excel

AI formula explanation

Formula Foundry
CICopilot in Excel

@@Global variables

Formula Foundry
CICopilot in Excel

Personal snippet library

Formula Foundry
CICopilot in Excel

Shared team snippets

Formula Foundry

Pro & Business

CICopilot in Excel

Excel ↔ Sheets translator

Formula Foundry
CICopilot in Excel

Visual step-by-step builder

Formula Foundry
CICopilot in Excel

In-cell AI function (recalculates)

Formula Foundry
CICopilot in Excel

COPILOT()

Agentic multi-step actions

Formula Foundry
CICopilot in Excel

Agent Mode

Cross-Office (Word, PowerPoint, Outlook)

Formula Foundry
CICopilot in Excel

Your formulas leave the spreadsheet

Formula Foundry

Stays put

CICopilot in Excel

Sent to Microsoft AI

Starting price (paid)

Formula Foundry
Free; Pro $9/mo

or $84/yr · Business $15/seat

CICopilot in Excel
$30/user/month

M365 Copilot

Feature summary based on Copilot in Excel capabilities as of Q2 2026 from Microsoft's public documentation. Pricing reflects standard M365 Copilot enterprise rates and may vary by plan. Send corrections to support@formulafoundry.io.

Which tool for which formula job

Pick the job, not the tool

Some jobs Copilot handles natively that we don't try to. Others are exactly where Formula Foundry was built to be better.

Generate a column from existing data

Formula Foundry
CICopilot in Excel

Native Copilot

Use AI inside a cell that recalculates

Formula Foundry
CICopilot in Excel

COPILOT()

Run a multi-step transformation across tabs

Formula Foundry
CICopilot in Excel

Agent Mode

Write a complex INDEX/MATCH

Formula Foundry

Editor + AI assistant

CICopilot in Excel

Prompt → result

Reuse the same logic 50× across a model

Formula Foundry

@@variables + snippets

CICopilot in Excel

Share a vetted formula library across your team

Formula Foundry
CICopilot in Excel

Convert 30 Sheets formulas to Excel syntax

Formula Foundry

Excel Translator

CICopilot in Excel

Use the same tool in Sheets as in Excel

Formula Foundry

Both add-ins

CICopilot in Excel

Excel only

Formula Foundry advantages

Built for the craft of formulas, not the breadth of Office

Copilot's job is to do anything across Microsoft 365. Formula Foundry's job is to do one thing — formula authoring — better than anything else can.

An editor, not a chat output

Multi-line, syntax-highlighted, bracket-matched, auto-indented. Copilot gives you a formula in a chat panel; you paste it and inherit whatever it generated. Formula Foundry's editor lets you read what's in the cell, refactor it, document it, and find the bug when it produces #N/A six months later.

@@Variables — change one value, update 500 formulas

Define @@DiscountRate, @@HeadcountTarget, @@FXRate once. Use them across every formula. When the number changes, you update one value and every dependent formula updates automatically. Copilot can write formulas with hardcoded numbers; it can't define and propagate named variables across a workbook.

The editor runs in your spreadsheet

Every Copilot interaction sends formula context, often cell values, to Microsoft's AI tenant. Formula Foundry's editor runs on the spreadsheet client, so editing sends nothing anywhere. The AI assistant is opt-in and only sees what you explicitly reference. For finance teams, deal pipelines, or pre-close numbers, this isn't a preference; it's how compliance reviews go.

Sheets parity at a fraction of the price

Copilot in Excel is, by design, Excel-only and bundled into M365 Copilot at $30/user/month. Formula Foundry runs in Excel and Google Sheets with the same editor, same snippet library, same @@variables — a free plan, Pro at $9/month ($84/year billed annually), and Business at $15/seat ($12/seat annually). If your team uses both spreadsheet platforms (or you don't have M365 Copilot), the math changes.

Copilot in Excel advantages

When Copilot is the better choice

Copilot in Excel is excellent at general-purpose Office work. Here's when it's the right tool over us.

  • Your team already pays for Microsoft 365 Copilot. If the $30/user/month is sunk cost across the org, the marginal value of the Excel piece is real. The COPILOT() function and Agent Mode are genuinely capable.

  • You need agentic multi-step actions. Copilot Agent Mode (GA April 2026) can execute multi-step workflows directly inside a workbook — pivot tables, charts, formula scaffolding, all chained from a single prompt. Formula Foundry doesn't do that.

  • Your spreadsheet work is half of broader Office work. If you're moving between Word, Excel, PowerPoint, and Outlook all day, having one assistant that spans all of them beats specializing.

  • You only ever work in Excel. No Sheets, no cross-platform, no team formula libraries — Copilot covers the basics natively. Formula Foundry's broader surface area is overhead you won't use.

We’d rather you pick Copilot in Excel for the right reason than Formula Foundry for the wrong one.

Which is right for you

Formula Foundry is built for you if…

  • Your day is mostly inside formulas — writing them, debugging them, maintaining them across a model
  • You work in both Microsoft Excel and Google Sheets — or expect to soon
  • You want global variables that update every formula referencing them
  • You share workbooks (or a team) and want consistent formula patterns across analysts
  • Your data is sensitive enough that sending formulas to a third-party AI is a problem
  • You don't already pay for M365 Copilot, or you do but want a specialist editor for the formula work itself

Formula Foundry alongside Copilot in Excel

Formula Foundry alongside Copilot in 2 minutes

  1. Install from Microsoft Marketplace

    Open Microsoft Marketplace, search Formula Foundry, click Get it now. Copilot stays right where it is — the two tools don't conflict and many users keep both.

  2. Open it from the Excel ribbon

    Open any Excel workbook, click the Formula Foundry button in the Home ribbon. Use Copilot for cross-Office tasks; use Formula Foundry for the formulas you're authoring or refactoring.

  3. Free to start

    Install it and start building formulas on the free plan right away — no credit card, no countdown. Upgrade to Pro whenever you need more.

Copilot in Excel vs Formula Foundry FAQ

FAQs

Free for Excel & Google Sheets

Copilot does the breadth.
We do the depth on formulas.

Copilot in Excel is great for the wide surface of Microsoft 365 work — generating, transforming, charting, agentic multi-step actions across documents and workbooks. Formula Foundry is great for the narrow surface of formula authoring — editing, debugging, reusing, translating, and maintaining the logic that runs your model. Use both. Or pick the one that matches the job you're actually doing.

See pricing

Free plan · No credit card required · The editor runs in your sheet