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Fintech startup Mili raised $2 million in its seed round led by Chiratae and BoldCap to enhance its product and expand its engineering teams.

Dec 17, 202412 months ago

Amount Raised

$2 Million

Round Type

seed

San FranciscoSaasArtificial IntelligenceInformation TechnologySoftware

Investors

Better CapitalGregg Fisher (Quent Capital)Sfmg Wealth AdvisorsSparrow CapitalBold CapChiratae

Description

Mili, an AI meeting assistant for wealth management firms, has successfully raised $2 million in a seed funding round. The financing will be utilized to improve product features and increase capacity in various operational areas.

Company Information

Company

Mili

Location

San Francisco, California, United States

About

Mili is a fintech startup founded in early 2024, led by Chirag Gandhi. It specializes in enterprise-grade meeting documentation software tailored for wealth management firms. The platform offers real-time AI assistance, facilitating streamlined advisory workflows while ensuring high standards of compliance and customization. Mili's technology enhances client relationships by reducing administrative overhead and features industry-leading compliance architecture.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers