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Wednesday, December 18, 2024

Mili Raises $2 Million in Seed Round to Revolutionize Wealth Management with AI

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A new AI meeting assistant platform for wealth management firms, Mili has raised $2 million in seed funding round led by Chiratae Ventures and BoldCap.

Mili Bags Crucial Investment 

Apart from the aforementioned investors, other key investing participants included: Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher of Quent Capital, and Better Capital. This crucial funding would facilitate product development, strengthen integrations, scale partnerships, and grow its engineering and customer success teams. 

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About Mili, the AI Driven Platform

Mili, founded in early 2024 and spearheaded by Chirag Gandhi, seeks to simplify operations for wealth management firms with its advanced meeting documentation software. The platform helps minimize administrative tasks by offering secure, real-time AI-powered support that seamlessly integrates with existing workflows.

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In a statement, Gandhi said: “AI in Wealth Management isn’t about technology, it’s about trust. We’ve built Mili to be the most secure, compliant, and customisable solution that empowers advisors to focus on what matters most—client relationships”

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