Lowenstein Sandler represented FINTOP Capital as lead investor in $18.5 million Series A funding round for Gridline, a turnkey alternatives management platform designed to help advisory firms build and manage private market investments. The round brings Gridline’s total funding to $27.5 million and included participation from Ardent Venture Partners and Tech Square Ventures.
The funding supports Gridline’s mission to replace fragmented systems and manual workflows with a single, integrated platform purpose-built to support private market investing with the scale, reliability, and operational rigor required in the wealth channel. Gridline intends to innovate across its platform by investing in AltComply, the company’s AI-powered diligence capability. AltComply automates document ingestion, standardizes analysis, and surfaces key risks to help firms evaluate private investments more efficiently and consistently. Gridline also plans to expand its team across engineering, go-to-market, operations, and fund administration.
The Lowenstein deal team included Anthony O. Pergola, Laura Cicirelli, Claire Dronzek, and Lauren N. Russell.