Aumni, a Salt Lake City UT-based investment analytics platform, raised $50M in Series B funding.
The round was led by J.P. Morgan with participation from Pelion Venture Partners, WndrCo, Citadel Securities, Invesco Private Capital, Vanderbilt University and Kera Capital, which joined existing investors SVB Financial Group, DLA Piper, Next Frontier Capital, Kickstart Fund, First Trust Capital Partners and Prelude, a Mercato Partners fund.
The company intends to use the funds to deepen its presence with investors in the private capital markets and expand its offering to limited partners, law firms and company founders.
Founded by former BigLaw corporate attorneys, Tony Lewis and Kelsey Chase, Aumni is an investment analytics platform for private capital markets that includes venture funds, family offices, university endowments, and corporate venture firms. By combining A.I. and human expertise, the system extracts and analyzes critical deal data in dense legal agreements and provides comprehensive insights regarding every investment’s financial and legal position.
Since the launch of its flagship product in 2018, the company has analyzed more than 100,000 investment transactions.