JPMorgan leads $50m funding round for financial analytics firm

Aumni, an analytics platform for private capital markets, raised $50m in a funding round led by JPMorgan Chase, signalling investment firms’ appetite for financial analysis tools powered by artificial intelligence.

Aumni’s AI software combined with human expertise can extract and analyse 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 to customers…