Mili, an AI-powered meeting assistant for wealth management firms, has raised $2 million in its seed funding round, led by Chiratae and BoldCap, with additional participation from Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital), and Better Capital.

The funding will be used to enhance and accelerate Mili’s product development, including expanding customization features, improving integrations, strengthening partnerships, and growing its engineering and customer success teams.

Founded in early 2024 and led by Chirag Gandhi, Mili offers enterprise-grade meeting documentation software designed to help wealth management firms streamline their advisory workflows while ensuring the highest standards of compliance and customization.

The platform allows financial advisors to prioritize client relationships by reducing administrative tasks through secure, real-time AI assistance that integrates smoothly with existing systems.

According to the company, Mili features an industry-leading compliance architecture tailored for enterprise wealth management, offering customizable templates and firm-specific rubrics that adapt to the unique needs of each practice. Mili also boasts a rapidly growing integration suite that supports major wealth management platforms, all backed by an SOC 2-certified infrastructure ensuring enterprise-grade security.

Its AI capabilities provide automated transcription, action item tracking, and client insights, helping advisors save time and improve productivity. By leveraging machine learning, Mili continuously refines its workflows, ensuring accuracy and efficiency while adapting to evolving user requirements and industry standards.