AI-driven meeting assistant platform Mili raises $2 million in funding

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

Other key investors, including Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher of Quent Capital, and Better Capital, also participated in the round.  

The startup plans to use the raised capital to accelerate its product development, strengthen integrations, scale partnerships, and grow its engineering and customer success teams.  

Focus on enhancing AI-driven solutions  

Founded in early 2024 and led by Chirag Gandhi, Mili aims to streamline workflows for wealth management firms by offering enterprise-grade meeting documentation software. The platform reduces administrative burdens by providing secure, real-time AI assistance that integrates smoothly with existing systems.  

"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," Gandhi said.

The startup's AI-powered platform integrates with existing systems to automate tasks such as real-time note-taking, client onboarding, and financial strategy planning. 

With a SOC 2-certified infrastructure and enterprise-grade security, its custom templates and firm-specific rubrics address unique advisory needs.

Investors comment

Chirag Gandhi, Co-Founder and CEO of Mili, 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."

Ranjith Menon, Managing Director at Chiratae, highlighted, "The wealth management industry is transforming. Generative AI now allows solutions that meet compliance demands while scaling productivity. Mili sets a new standard for AI adoption in wealth management firms."