Gridline Raises $18.5 Million Series A to Scale AI-Driven Private Markets Platform for Advisors

New updates have been reported about Gridline.

Gridline has secured $18.5 million in Series A funding led by FINTOP to accelerate the buildout of its end-to-end private markets platform for the wealth channel, with capital earmarked for product innovation, AI capabilities, and team expansion across engineering, go-to-market, operations, and fund administration. The company is positioning itself as core infrastructure for registered investment advisers, multi-family offices, and private banks that are shifting private markets from niche allocations to core portfolio components, amid forecasts that private assets will reach $32 trillion by 2030 and persistent industry concerns over valuation transparency and performance measurement.

At the center of Gridline’s roadmap is the expansion of its ledger-native, integrated system that replaces spreadsheets, PDFs, and fragmented portals with a single platform spanning diligence, onboarding, execution, oversight, and reporting, with advisory firms reporting up to a 90% reduction in manual reconciliation and 10–30 hours saved per investment on diligence and monitoring. The new funding will also accelerate AltComply, Gridline’s AI-powered diligence engine that ingests documents, standardizes analysis, and flags key risks to make private investment evaluation more consistent and scalable across wealth and private banking platforms. CEO and co-founder Logan Henderson emphasized that controlling the underlying data infrastructure allows Gridline to keep information standardized and actionable, giving firms reliable, real-time insights and operational discipline in a $22 trillion wealth industry still reliant on disconnected tools. With backing from FINTOP and validation from early advisory clients who cite meaningful efficiency gains and reduced operational pain points, Gridline is positioned to deepen its role as the operating backbone for advisors looking to scale private market offerings with institutional rigor and tighter risk management.