Trove AI
Category: AI Agents
AI-powered teammate for private equity firms that automates complex research, analysis, and drafting workflows with agents connected to firm data Trove AI was founded in 2023. The company is led by Danny Goldman. Based in San Francisco, USA. Team size: 6-10. Total funding raised: $9M. Latest round: Seed. Key investors include Menlo Ventures (lead), Khosla Ventures.
- Founded
- 2023
- Headquarters
- San Francisco, USA
- Team size
- 6-10
- Total funding
- $9M
Value proposition
Accelerates private-equity deal cycles by automating data-intensive tasks, cutting analysis time by up to 80% and allowing professionals to focus on strategic decision-making
Products and solutions
AI Teammate Platform, AI Agents for industry and competitive analysis, AI Agents for financial modeling and data analysis, AI Agents for automated investment memo and presentation drafting
Unique value
Only AI platform purpose-built for private-equity workflows, offering end-to-end agents for origination, due-diligence, portfolio monitoring and memo generation, with deep integration into firm data silos
Target customer
Mid-size to large private equity firms, including both buy-out and growth-equity funds that need to process large volumes of unstructured deal data
Industries served
Financial Services, Private Equity
Technology advantage
Proprietary AI agents trained on curated financial datasets, integrated with firm-specific knowledge graphs, deployed in private clouds with SOC 2 Type II compliance
How they differentiate
Trove AI differentiates through its specialized focus on private equity workflows, proprietary AI agents trained on financial data, tight integration with firm knowledge, and deployment in private cloud environments with enterprise-grade security
Main competitors
Chronograph, Holland Mountain, Maestro, Harvey (AI for professional services), Generic RAG-based enterprise search tools
Key partnerships
Menlo Ventures (lead investor), Khosla Ventures (investor), Shamrock Capital (flagship customer)
Notable customers
Shamrock Capital (publicly disclosed), Multiple major PE firms (not publicly named)
Major milestones
Founded as Mako in 2023, Rebranded to Trove AI in October 2025, Closed $7.1M seed round on October 14, 2025, Achieved SOC 2 Type II compliance, Platform usage grew 86% in three months, Flagship customer Shamrock Capital deployed
Growth metrics
Platform usage up 86% over prior three months; average user runs >12 AI-driven tasks per week; customers report 30-50% reduction in research time; associates use platform 4+ times daily at deployed firms
Market positioning
Positioned as the core intelligence layer for private-equity firms, moving beyond data providers to deliver actionable, AI-generated insights through specialized agents
Geographic focus
Primarily North America, particularly the United States, with focus on major private equity hubs
Patents and IP
No patents publicly disclosed as of December 2025
About Danny Goldman
Previously led dozens of deals in Bain's private equity group as Senior Associate Consultant, giving him firsthand insight into PE workflows and pain points
Official website: https://trove.ai