Mili, an AI meeting assistant platform designed for wealth management firms, has successfully raised $2 million in a seed funding round led by Chiratae Ventures and BoldCap. Other notable investors, including Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher of Quent Capital, and Better Capital, also participated in the funding round. The raised capital will be used to accelerate product development, strengthen integrations, scale partnerships, and expand Mili’s engineering and customer success teams.
Founded in early 2024 and led by Chirag Gandhi, Mili aims to streamline workflows for wealth management firms through its enterprise-grade meeting documentation software. The platform reduces administrative burdens by offering secure, real-time AI assistance that seamlessly integrates with existing systems. Mili’s focus on enhancing AI-driven solutions is intended to empower wealth advisors to concentrate on what truly matters—building and maintaining strong client relationships.
“Mili is not just about technology; it’s about trust,” said Chirag Gandhi, Co-Founder and CEO of Mili. “We’ve built Mili to be the most secure, compliant, and customizable solution, which enables advisors to focus on their clients and their needs.” The AI-powered platform automates tasks such as real-time note-taking, client onboarding, and financial strategy planning, helping firms reduce manual work and increase productivity.
The platform is designed with security and compliance at its core. It offers SOC 2-certified infrastructure, ensuring that data protection and privacy standards are met. Mili’s custom templates and firm-specific rubrics cater to the unique advisory needs of each wealth management firm, further streamlining the workflow for financial advisors.
Ranjith Menon, Managing Director at Chiratae, remarked, “The wealth management industry is undergoing significant transformation. With the introduction of generative AI, Mili provides a solution that meets compliance demands while scaling productivity. This platform sets a new standard for AI adoption within wealth management firms.”
With the backing of key investors and the growing demand for AI-driven solutions in the financial sector, Mili is well-positioned to revolutionize how wealth management firms handle their meeting documentation and client interactions. The platform’s focus on trust, security, and seamless integration makes it a game-changer for advisors looking to enhance client engagement and optimize their operations.
