Funding and Development - Gridline has raised $18.5 million in Series A funding, led by FINTOP, to accelerate the development of its platform for private market investment processes [1] - The investment will focus on enhancing features of Gridline's platform, particularly the AI-powered due diligence tool, AltComply [1][2] Platform Features and Benefits - AltComply is designed to automate document processing, standardize analysis procedures, and identify potential risks, thereby improving efficiency and consistency in reviewing private investments [2] - The platform has reportedly reduced time spent on manual reconciliation by up to 90% and saved 10 to 30 hours per investment in due diligence and monitoring work [4] Company Vision and Operations - Gridline aims to provide an end-to-end platform for advisors to manage private market programs with confidence and consistency, ensuring that information is standardized, up-to-date, and actionable [3] - The company serves registered investment advisers, multi-family offices, and private banks, assisting them in managing and expanding their private market investment programs [4]