VentureCapital.Gold

Aumni (J.P. Morgan)

Investment analytics extracted from your executed venture deal documents

4.4Enterprise / CustomBest for Funds with 30+ positions that need structured visibility into their rights and terms
Deal Terms Investment Analytics Legal Data

Overview

Aumni, acquired by J.P. Morgan in 2023, extracts the economic and control terms buried in executed venture financing documents — liquidation preferences, pro rata rights, anti-dilution provisions, option pools — into structured, fund-wide analytics. Funds use it to actually know what they own across hundreds of positions, benchmark their terms against a large dataset of venture transactions, and support audits, valuations, and LP reporting.

Key features

  • AI plus attorney-reviewed extraction of deal terms from closing docs
  • Fund-wide dashboards on preferences, pro rata, and ownership
  • Term benchmarking against a large venture transaction dataset
  • Waterfall-relevant data for valuations and exits
  • Audit, tax, and LP reporting support

Pros

  • Solves the real problem that most funds cannot query their own deal terms
  • Human-verified extraction accuracy suitable for audit workflows
  • J.P. Morgan ownership brings staying power and data depth

Cons

  • Value scales with portfolio size — light for sub-20-position funds
  • Enterprise pricing and sales cycle
  • Now tied to the J.P. Morgan ecosystem, which some GPs weigh carefully

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