J.P. Morgan to acquire Investment Analytics FinTech Aumni
By Gloria Methri
J.P. Morgan has entered into an agreement to acquire Aumni, the provider of investment analytics software to the venture capital industry. Founded in 2018, Aumni’s proprietary data analytics engine structures, tracks, and analyzes essential legal and economic terms underpinning growth-stage private market transactions.
The company has evaluated more than $600 billion in invested capital across more than 17,000 private companies.
The strategic acquisition solidifies J.P. Morgan’s commitment to building a private markets platform for companies, their employees, and investors, as well as its confidence in the resilience of the venture-backed ecosystem. Through continued investment in Aumni and its other private market assets, J.P. Morgan hopes to deliver an industry-leading suite of innovative solutions to the private markets.
“We are 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 Michael Elanjian, Head of Digital Investment Banking, Head of Digital Private Markets, J.P. Morgan. “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.”
“We are excited to partner with J.P. Morgan, expediting the realization of our vision to bring more structure, transparency, and liquidity to the historically opaque private markets. 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 Tony Lewis, CEO, Aumni.
Aumni remains committed to enhancing services to their clients and will continue to be headquartered in Salt Lake City, Utah.
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