Trove AI, previously called Mako, is developing a specialized "AI associate" designed to execute complex private-equity tasks such as analyzing entire data rooms, extracting buried metrics, and drafting portfolio reports in a firm’s preferred style. Unlike generic Q&A chatbots, its agent chains dozens of reasoning steps to deliver polished, analyst-grade outputs while operating fully inside a customer’s private cloud through a “cloud-prem” deployment model that satisfies strict security requirements. Early adopters at major PE firms call the tool an “indispensable teammate,” engaging with it more than a dozen times per week—a usage rate that has increased 86 % over the last three months. CEO Danny Goldman brings deal-side experience from Bain’s private-equity group, while CTO Shivaal Roy adds deep AI and enterprise-data expertise from Glean and Scale AI. The company plans to expand its platform’s capabilities across additional high-value PE workflows and deepen integrations with firms’ internal knowledge bases. Financially, Trove AI has secured $7.1 million in seed funding, giving it runway to accelerate product development and customer acquisition. No revenue figures were disclosed, but the rapidly growing engagement metrics suggest early product-market fit in a traditionally slow-adopting industry.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2025