JPMorgan Leads Aumni’s $50 Million Series B Funding

Aumni, a leading provider of data infrastructure, announced that the company has secured $50 million in its Series B funding round to expand its offerings.

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According to an official announcement, the funding round was led by JPMorgan, with participation from Pelion Venture Partners, 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.   

Aumni highlighted that it will 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.

“Our strategic investment in Aumni will allow the company to continue to capitalize on its impressive growth trajectory, unlocking data insights that have historically remained inaccessible in the private markets,”commented Michael Elanjian, Head of Digital Innovation, Corporate & Investment Bank, J.P. Morgan.

“We are excited to add J.P. Morgan and Pelion Venture Partners as investors as we continue building products that operate at the intersection of fintech and legaltech to transform the future of the private capital markets,”said Tony Lewis, CEO and co-founder of Aumni.

As Fazzaco reported earlier, JPMorgan has participated in Series D funding round​ of financial technology firm, Plaid.