Aumni, an investment intelligence company developing a robotic process automation and data analytics platform for private capital investors, raised $10 million in a Series A funding round led by SVB Financial Group, the parent company of Silicon Valley Bank.
The round also included participation from existing investors Moneta Ventures, Next Frontier Capital, and Quiet Ventures, who previously led Aumni’s $3.7 million Seed funding round.
New investors include Kickstart Seed Fund, Blackhorn Ventures, Prelude, and Service Provider Capital.
The company plans to use the new funds to scale and expand its new products offering.
Aumni is solving a common pain point for investors in private capital markets by providing a turn-key cloud-based platform that extracts, audits, and tracks investment data points directly from definitive investment agreements.
The company works with traditional venture funds, corporate venture funds, and family offices and automates legal operations and investment data analytics for private capital markets.
“Aumni’s platform empowers investors at venture firms, corporate venture funds, and family offices with the ability to unlock and structure the untapped data living inside their portfolios,” said Mike Descheneaux, president of Silicon Valley Bank.
“We know that our investor client base is eager to leverage data to enhance decision making and track performance, so we’re proud to support Aumni’s growth and expansion plans in their quest to drive value for the private capital markets.”