Press Room

JPMorgan Chase buys data platform for startups in push to serve venture capital investors

The biggest U.S. bank by assets is acquiring the five-year-old Utah-based company as part of a broader push to deepen relationships with venture capital investors and their companies.

NVCA and Aumni Announce New Enhanced Investors' Rights Agreement and Enhanced Model Term Sheet v3.0

In partnership with the National Venture Capital Association (NVCA), Aumni released a new Enhanced Investors' Rights Agreement and a new Enhanced Model Term Sheet v3.0. The new Enhanced Investors' Rights Agreement benchmarks 13 terms, and the Enhanced Model Term Sheet v3.0 benchmarks 33, including nine new, previously unavailable terms. These Enhanced NVCA Model Legal Documents contain new 2021 analytics and are the product of the most extensive aggregate analysis of private venture deal term data.

Paradigm Drift: Pricing Legendary Series A Terms Against Today’s Market

Over the past six months, Aumni's Benchmarking Term Sheet reflects a median amount raised at Series A clocking in at some $14 million,* with the top decile at $30.1 million and the top quartile at $19.6 million. Mapping Series A funding details from the likes of Airbnb and Instagram, such as capital raised and post-money valuation against current market trends, we can evaluate those transactions in a new light.

IBS Intelligence - Are current venture capital valuations justified?

The median amount raised at Series A clocked in at around $14 million in the last six months, with the top decile at more than $30 million. Contrast these figures with previous bullish number such as those raised by Uber ($11 million) and Instagram ($7 million). What’s more, the valuations of the current crop of startups are accelerating even faster. What is going on? Robin Amlôt of IBS Intelligence speaks to Adam Putz, Director of Research at private capital investment analytics platform Aumni.

The Caitlin Hensen Show - Kelsey Chase

Caitlin Hensen's interview of Kelsey Chase, Founder & President of Aumni where he shares his journey from corporate lawyer to entrepreneur. He is grooming the next generation of entrepreneurs and believes the startup environment is primed and now is the time to get in the arena.

Aumni: Making a Difference With Legal Data in the VC + PE World

First, what does Aumni do? The simple version is that it takes all the documents used in investment deals and analyses them with a mix of NLP and human experts to extract key data. That is then dashboarded to improve decision-making, and even perhaps change how these funds engage external legal advisors.

Aumni Announces Appointment of Ellen Levy and Louis Citron to Board of Directors

New appointees bring 50 years of combined legal, technology and private capital market experience to the investment analytics company.

Kelsey Chase, President of Aumni – Master the Private Capital Markets With the Most Intelligent Investment Data Available

Investors are craving real-time insights before investing in companies. However, facilitating transparency and a scalable supply of private securities requires trust. With double- and triple-digit year-over-year growth in private market deal flow, the need for accurate, structured data has never been greater.

Tony Lewis, CEO, The Journey From Corporate Attorney to Fintech Founder

As the early phases of my career took shape, it became clearer and clearer that investors operating in the private capital markets often struggle with making multimillion-dollar decisions because they have little access to trustworthy, accurate data. Aumni was created to mitigate this problem. My legal training brought an element of critical thinking to bear on the decision-making process that I couldn’t get anywhere else. I learned early in my career that the desire for efficiency across the legal profession far outweighs almost any other incentive, and that includes increasing billable hours. The desire to deliver data-driven answers promptly to clients is paramount, and ranks as highly to those in the legal profession as it does in any industry today. I’ve witnessed firsthand the need for what Aumni offers professionals in this space. With Aumni, we’re transforming the data quality in private capital markets and sharing insights that bolster transparency across the entire innovation ecosystem.

Aumni Announces New Benchmarking Term Sheet

Today marks the launch of the largest single feature update to Aumni’s Investment Analytics platform -- our new Benchmarking Term Sheet. This launch represents an evolution of our work with the NVCA to create the Enhanced Term Sheet 2.0. The Benchmarking Term Sheet is an interactive application that gives our customers the ability to organize and analyze market data on a term-by-term basis and compare both the financial implications and the market relevance of each change in real-time. The Benchmarking Term Sheet also contains a built-in Pro Forma calculator, which allows customers to calculate post-money valuation and understand the effect that option pool and convertible notes have on the capitalization of the company.

Silicon Valley stirs over proposal to end popular tax break

Aumni, a provider of private capital data, reports that QSBS reps and covenants are present in over half of all seed-stage and Series A deals, and in over 40% of Series B deals.

How to Revolutionize the Private Capital Markets

Despite the explosive growth in private market investment, only a small fraction of the burgeoning primary capital that’s being deployed finds a level of transactional freedom that resembles public market trading.

DLA Piper + JP Morgan Join $50m Aumni Investment

Aumni, a legal and fintech startup that uses NLP and human lawyers to extract and then dashboard contract data – especially from among other startups – has bagged $50m in fresh funding with investment bank JP Morgan joining the round, and with DLA Piper investing again.

Aumni Announces $50 Million Series B Funding led by J.P. Morgan with participation from Pelion Venture Partners

SALT LAKE CITY AUGUST 26, 2021 -- Aumni, a leading investment analytics platform that provides the data infrastructure for private capital markets, today announced it has closed a $50 million Series B funding round led by J.P. Morgan. Pelion Venture Partners also participated in the funding alongside other new investors, WndrCo, Citadel Securities, Invesco Private Capital, Vanderbilt University and Kera Capital. The new investors join existing investors, SVB Financial Group, DLA Piper, Next Frontier Capital, Kickstart Fund, First Trust Capital Partners and Prelude, a Mercato Partners fund, who also participated in this Series B funding round.

With $50 Million in New Funding, Utah-based Aumni Looks to Accelerate the Recasting of Private Capital Markets with its AI-driven Investment Analytics Platform

Aumni delivers at-a-glance access to legal teams of portfolio legal data, including categorization across more than 40 verified, audited, and accurate data points, as well as secure digital storage of all legal documents accessible from any web browser.

JPMorgan Leads Investment Into AI-Powered Financial Analytics Startup

Aumni Inc., an analytics platform for private-capital markets, raised $50 million in a funding round led by JPMorgan Chase & Co., signaling investment firms’ appetite for financial-analysis tools powered by artificial intelligence.

Aumni Reports More Than 225% Year-Over-Year Increase in Adoption of Its Investment Data Analytics Platform

Aumni, an investment analytics company, today announced that the adoption rate of its data analytics platform has increased by over 225% year-over-year. The rapid growth in Aumni’s customer base is driven by its software which combines artificial intelligence and human expertise to deliver reliable, data-driven investment insights to the private market.

Venture Capital on Pace for Record Year

Kelsey Chase, president and co-founder of Aumni, was featured in a recent panel with Utah-based venture firms to discuss the rapid growth of tech in the state of Utah.

Aumni is helping founders validate their term sheets… for free

Utah-based investment analytics company Aumni’s Enhanced Model Term Sheet 2.0 allows founders and investors to not only draft term sheets for investment rounds but also compares the terms against market benchmarks, company expectations, and even the founder’s own data.

NVCA and Aumni Collaborate on New Enhanced Model Term Sheet v2.0

The National Venture Capital Association (NVCA) today released a new Enhanced Model Term Sheet v2.0, in partnership with Aumni.

Aumni Makes 2020 Fast Company World Changing Ideas List

Aumni takes Honorable Mention in Fast Company's 2020 World Changing Ideas List.

Aumni Unveils New Brand Identity to Reflect Company’s Rapid Growth and Data Strategy Leadership in Private Capital Markets

Aumni, a leader in automated investment analytics for the private capital markets, today announced an expansion of the company’s product and marketing focus to address a larger subset of private capital market segments: venture capital funds, family offices, corporate venture firms, and university endowments.

Aumni Extends Series A to include Orrick, Donnelley Financial Solutions and DLA Piper in Response to Record 2020 Growth

Aumni, a leader in automated investment analytics for the private capital markets, today announced an extension of its original $10M Series A round to a total of $13M in response to strong growth in 2020. The extension includes global strategic partners and industry innovators such as Donnelley Financial Solutions, DLA Piper and Orrick.

NVCA Partners with Aumni to Add Market Analysis to the NVCA Model Legal Documents

The National Venture Capital Association (NVCA) today announced that it has partnered with Aumni, an investment analytics company, to provide extensive market insights into deal terms found in executed venture financing agreements.

Private Capital Data Analytics Platform Aumni Raises $10 Million Series A

Aumni, Inc., a SaaS company developing a robotic process automation and data analytics platform for private capital investors, announced a $10 million Series A funding round led by SVB Financial Group, the parent company of Silicon Valley Bank.

Diversity Term Sheet Rider Aim to Increase Diversity in Venture Capital Deal Making

Act One Ventures (Act One), a venture capital firm investing in enterprise business software companies at the seed and pre-seed stage, announced today The Diversity Term Sheet Rider for Representation at the Cap Table (Diversity Rider) alongside eight venture funds. Aumni commits to track this rider in future term sheets in its application.