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Aumni

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business3 years ago

J.P. Morgan acquires leading investment analytics software provider Aumni.

J.P. Morgan has announced its acquisition of Aumni, a leading provider of investment analytics software to the venture capital industry. The acquisition is expected to close in the first half of 2023, and the financial terms of the transaction were not disclosed. Aumni's proprietary data analytics engine structures, tracks and analyzes essential legal and economic terms underpinning growth-stage private market transactions. The acquisition solidifies J.P. Morgan's commitment to building the leading private markets platform for companies, their employees and investors, as well as its confidence in the resilience of the venture-backed ecosystem.

JPMorgan Chase acquires data platform to cater to VC investors.
finance3 years ago

JPMorgan Chase acquires data platform to cater to VC investors.

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.