Mili Raises $2 Million in Seed Round

by Kay Aloha Villamor in January 8th, 2025

Mili, a San Francisco, CA-based AI-powered meeting documentation platform for wealth management firms, has raised $2 million in seed funding. 

Investors 

The round was led by Chiratae and BoldCap, with participation from Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital), and Better Capital. 

Chiratae Ventures is a venture capital firm that invests in Indian startups operating in sectors such as mobility, software as a service (SaaS), edtech, consumer tech, health tech, climate tech, fintech, agritech, B2B, and deep tech. Founded in 2006, Chiratae is headquartered in Bengaluru, India. 

BoldCap is a venture capital investment firm based in Chennai, India. Founded in 2021, the firm invests in companies operating in the SaaS and B2B sectors across India. 

Mili Use of Funds 

The company plans to use the funding to accelerate product development and expand its engineering and customer success teams. 

About Mili 

Founded in 2024 by Chirag Gandhi, Siddharth Bulia, and Vennela Miryala, Mili is an AI-powered meeting assistant that helps wealth management firms save time and deepen client relationships. It helps advisors save hours by automating meeting notes, client follow-ups, and documentation. The platform integrates seamlessly with virtual and in-person meeting tools, customizable templates, and major wealth platforms.  

Funding Details 

Company: Mili Software, Inc. 

Raised: $2.0M 

Round: Seed Round 

Funding Month: January 2025 

Lead Investors: Chiratae, BoldCap 

Additional Investors: Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher, Better Capital 

Company Website: https://www.getmili.ai/  

Software Category: AI Meeting Documentation 

Source: https://www.prnewswire.com/news-releases/mili-emerges-from-stealth-with-its-enterprise-ai-platform-for-wealth-management-firms-and-2-million-in-seed-funding-302344221.html 

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