AI-Powered Financial Analytics Investments Startup Is Being Lead by JPMorgan
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’s AI software combined with human expertise can extract and analyze deal data that is buried in investment documents and legal agreements, generating insights on metrics including investment rights, fund performance and emerging investment patterns. The company sells subscriptions of its software…