J.P. Morgan Acquires Aumni, Investment Analytics Provider

  • J.P. Morgan is acquiring investment analytics tool Aumni.
  • While terms of the deal are undisclosed, CNBC reports that J.P. Morgan will pay around $232 million for Aumni.
  • J.P. Morgan expects the buy will bolster its private markets platform for companies, their employees, and investors.

J.P. Morgan has agreed to acquire Aumni, an investment analytics tool for private capital markets. Announced today, the deal is expected to close in the first half of this year. While financial terms of the deal are undisclosed, CNBC reports the deal will be valued at $232 million.

Aumni’s investment analytics platform leverages AI to extract and analyze deal data buried in legal agreements. The company serves 300 institutions, including venture capitalists, family offices, and university endowments helps firms compile investment data reports, facilitate limited partner reporting, identify co-investors, generate equity financing summaries for each investment in their portfolio, and more.

Founded in 2018, the company has evaluated more than $600 billion in capital across more than 17,000 private companies. Aumni counts names such as Sapphire Ventures, Khosla Ventures, and Berkeley Law among its clients.

“We’re thrilled to see this collaboration come to fruition as J.P. Morgan first invested in Aumni in 2021 and quickly realized shared synergies of providing more transparency to the private markets,” said J.P. Morgan Head of Digital Investment Banking, Head of Digital Private Markets Michael Elanjian. “Aumni’s market-leading data structuring and portfolio monitoring solutions, combined with the capital raising and cap table management services of Capital Connect and Global Shares, further enhances the ecosystem of digital solutions that J.P. Morgan is building for companies and investors in both growth and later-stage private markets.”

J.P. Morgan expects the buy will bolster its private markets platform for companies, their employees, and investors. Also contributing to the mission of building a private markets platform are the firm’s launch of Capital Connect, a match-making platform that connects entrepreneurs with venture capitalists and limited partners; and its acquisition of share plan management software company Global Shares.

“Together, we can create a best-in-class suite of services for private market participants, enhancing the experience for all current and future clients,” said Aumni CEO Tony Lewis. Aumni will maintain its headquarters location in Utah and will continue to serve its existing client base.

Photo by Yash Savla on Unsplash