J.P. Morgan acquires Aumni
J.P. Morgan has acquired Aumni, a provider of investment analytics software for the venture capital industry.
Founded in 2018, Aumni provides a cloud-based tech platform for portfolio monitoring and market analytics. It offers proprietary data analytics engine structures to track and analyse legal and economic terms that underpin growth-stage private market transactions.
Through the acquisition, J.P. Morgan aims to further build out its private markets platform and complement the recent launch of its network platform Capital Connect, as well as the acquisition of Global Shares, a platform to facilitate employee ownership.
“We’re thrilled to see this collaboration come to fruition, as J.P. Morgan first invested in Aumni in 2021 and quickly realised shared synergies of providing more transparency to the private markets,” said Michael Elanjian, head of digital investment banking and head of digital private markets at J.P. Morgan. “Aumni’s market-leading data structuring and portfolio monitoring solutions, combined with the capital-raising and captable 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 realisation 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,” added Tony Lewis, CEO of Aumni.