Mili, an AI-powered meeting assistant for wealth management firms, has raised $2 million in a seed funding round led by Chiratae Ventures and BoldCap. The round also saw participation from Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher of Quent Capital, and Better Capital.
The funding will fuel Mili’s efforts to enhance its product capabilities by expanding customization options, deepening integrations with existing systems, and scaling its partnerships. Additionally, the company plans to grow its engineering and customer success teams to support its rapidly expanding user base.
Founded in early 2024 by Chirag Gandhi, Mili offers enterprise-grade meeting documentation software tailored to wealth management firms. By streamlining advisory workflows, Mili enables financial advisors to focus on client relationships while maintaining rigorous compliance standards.
Mili’s platform reduces administrative burdens through secure, real-time AI assistance that integrates seamlessly with widely used systems. It boasts a robust compliance framework, including customizable templates and rubrics tailored to the specific needs of each firm.
The platform’s rapidly growing integration suite supports major wealth management tools, ensuring smooth operations across different advisory practices. Built on a SOC 2-certified infrastructure, Mili provides enterprise-grade security, giving wealth management firms confidence in their ability to handle sensitive client data.
With this funding, Mili aims to strengthen its position as a transformative tool in the wealth-tech space, empowering advisors to deliver better client experiences while optimizing operational efficiency.
