Gridline, an alternative investment tech platform, has appointed Chris Crawford as its first chief operating officer. Crawford joins from CAIS, where he spent six years as managing director of its fund management platform and COO of CAIS Advisors. The appointment follows Gridline's $18.5 million Series A funding round earlier this year, led by FINTOP, bringing total funding to $27.5 million. Crawford will oversee platform operations, infrastructure scaling, and lead expansion into the Northeast. Founded in 2022, Gridline provides wealth management firms with integrated tools for building and managing alternative investment programmes. The platform serves over 400 firms and is developing new capabilities including a liquidity and credit marketplace. Crawford will also oversee AltComply, the company's AI-powered due diligence tool that automates document analysis for private investments.

Gridline launches AltComply to bring defensible AI to private markets diligence. AltComply gives RIAs the infrastructure needed to scale diligence and preserve investment judgment across teams, time, and scrutiny, while eliminating 10+ hours of diligence work per investment. ATLANTA-(BUSINESS WIRE)-Gridline, the end-to-end purpose-built platform for private market investing in the wealth management, today announced the launch of AltComply, its AI-powered diligence suite designed to help Registered Investment Advisors (RIAs) scale private markets diligence without sacrificing judgment, defensibility, or speed. "The prevailing narrative around AI has largely focused on speed and efficiency," said Peter Bilali, Gridline's Co-founder and Chief Product Officer. "But the next phase of adoption will be defined by trust." Share Unlike general-purpose AI tools or point solutions focused on a single step in the workflow, AltComply is designed to create a persistent diligence record that connects risk analysis, memo generation, and review tracking in one system. AltComply turns private fund documents, including pitch decks, Limited Partnership Agreements (LPAs,) and Private Placement Memorandums (PPMs,) into a structured record linked to original source materials. It generates IC memos in minutes, surfaces red flags, and tracks review status in a centralized system, resulting in faster evaluation and a defensible, repeatable process, enabling teams to evaluate significantly more fund opportunities and surface stronger investments. Based on beta user feedback, AltComply eliminates more than 10 hours of manual diligence work per investment, allowing teams to reallocate time toward higher-value analysis and a broader opportunity set, while maintaining a persistent diligence record across teams and over time. "I'm the one primarily putting together memos and executive reports, and AltComply would save me hours on every investment," noted Johnny Gibson, CFA, CMT, Chief Investment Officer and Executive Managing Director, Haven Private, a Florida-based RIA. "The output is more in depth than what I would normally produce on my own. But the real benefit goes beyond speed. It creates documentation that becomes part of our ongoing process, not just a one-time output." As private markets become mainstream within wealth management, advisory firms are managing rising fund opportunity flow alongside higher expectations for documentation and oversight. According to Advisor 360's 2026 Connected Wealth Report, only 23% of advisors say they are confident their current AI tools meet compliance standards. As firms scale private markets exposure, they need efficient diligence systems that withstand audit. AltComply creates a centralized, source-linked system of record for private markets diligence. It preserves investment rationale in a format that can withstand internal review, regulatory scrutiny, and client examination long after a fund is approved. "The prevailing narrative around AI has largely focused on speed and efficiency," said Peter Bilali, Gridline's Co-founder and Chief Product Officer. "But the next phase of adoption will be defined by trust. Advisors need systems they can stand behind in front of clients and regulators. AltComply is built to preserve records, transparency, and accountability in every investment decision." AltComply is available as a standalone compliance suite or as part of the broader Gridline platform. To learn more about AltComply, visit: gridline.co/altcomply-overview/ About Gridline Gridline is a turnkey, end-to-end platform purpose-built for private market investing in the wealth channel. The company works with Registered Investment Advisers (RIAs), multi-family offices, and private banks to help them manage and scale private market investment programs with institutional rigor. By rebuilding private markets infrastructure from the ground up on a proprietary ledger, Gridline replaces fragmented tools and manual workflows with a single, integrated platform spanning diligence, execution, administration, and reporting. The result is greater consistency, transparency, and control, making it easier for advisory firms to scale alternatives as a core part of their business. For more information, visit gridline.co. Contacts. Media Contacts: Aleighjean Traver-Williams Head of Marketing [email protected]

Gridline raises $18.5M in Series A funding. Gridline, an Atlanta, GA-based provider of a platform for private market investing in the wealth channel, raised $18.5M in Series a funding. The company intends to use the funds to support continued innovation across its platform, beginning with AltComply, which automates document ingestion, standardizes analysis, and surfaces key risks to help firms evaluate private investments. Gridline provides advisory firms with a centralized platform that supports the full private markets operating lifecycle, replacing spreadsheets, PDFs, and disconnected portals with a single system for investment diligence, onboarding, execution, oversight, and reporting. This solution helps firms reduce manual effort, mitigate operational risk, and scale private market offerings.