J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023.
Aumni will continue to be headquartered in Salt Lake City, Utah once the acquisition has been completed.
Founded in 2018, Aumni’s proprietary data analytics engine structures, tracks and analyses essential legal and economic terms underpinning growth-stage private market transactions, placing critical portfolio investment terms within users’ easy reach.
With a diverse client base of over 300 institutions ranging from venture managers to multinational asset managers, Aumni has evaluated more than US$600 billion in invested capital across more than 17,000 private companies.
J.P. Morgan said that the acquisition of Aumni solidifies its 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.
Aumni also complements the recent launch of Capital Connect by J.P. Morgan and the acquisition of Global Shares.
“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 Michael Elanjian, Head of Digital Investment Banking, Head of Digital Private Markets, J.P. Morgan.
“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.
Featured image credit: Michael Elanjian, Head of Digital Investment Banking, Head of Digital Private Markets, J.P. Morgan and Tony Lewis, CEO, Aumni
