JPMorgan Chase acquires data platform to cater to VC investors.

1 min read
Source: CNBC
JPMorgan Chase acquires data platform to cater to VC investors.
Photo: CNBC
TL;DR Summary

JPMorgan Chase is acquiring Aumni, a data analytics provider for startup investors, as part of its push to deepen relationships with venture capital investors and their companies. Aumni helps users analyze and understand their holdings via a simple dashboard, which is a significant improvement over using Microsoft Excel or similar products to track investments in portfolio companies. The service will be integrated with JPMorgan's private markets platform Capital Connect, which came out of stealth mode last year, and the broader goal is to become the digital destination for VCs, startup founders, and other investors to raise money, network, and tap loans.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

2 min

vs 3 min read

Condensed

81%

528101 words

Want the full story? Read the original article

Read on CNBC