JP Morgan has reached an agreement to acquire Aumni, an investment analytics platform that serves as a data infrastructure for private capital markets. Financial details of the transaction have not been disclosed.
Founded in 2018 by former corporate attorneys Tony Lewis and Kelsey Chase, Aumni caters to over 300 clients, including both emerging and established venture managers as well as prominent multinational asset managers. The platform’s proprietary data analytics engine is designed to structure, track, and analyze the vital legal and economic terms associated with growth-stage private market transactions, making critical portfolio investment information easily accessible to users.
The acquisition, expected to be finalized in the first half of 2023, follows JP Morgan’s leadership in Aumni’s $50 million Series B funding round in 2021. This move enhances JP Morgan’s private markets offerings alongside the recent launch of Capital Connect, a platform that facilitates connections between startups and venture capital investors, and the acquisition of Global Shares, a company that specializes in share plan management software.
Michael Elanjian, head of digital investment banking and digital private markets at JP Morgan, stated, “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 JP Morgan is building for companies and investors in both growth and later-stage private markets.”