JPMorgan Chase purchases information platform for startups in press to serve enterprise cash investors

Important Factors

JPMorgan Chase is acquiring a data analytics provider for startup traders referred to as Aumni, CNBC is to start with to report.
The largest U.S. financial institution by property is acquiring the 5-calendar year-aged Utah-based business as aspect of a broader press to deepen interactions with undertaking capital traders and their companies.
Although phrases of the offer were not disclosed, JPMorgan is paying approximately what the startup was valued for at its final fundraising in 2021, according to a supply. Aumni was worth $232 million immediately after that round, in accordance to Pitchbook.

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