NVCA Partners with Aumni to Add Market Analysis to the NVCA Model Legal Documents

FOR IMMEDIATE RELEASE
July 28, 2020

Contact: Cassie Ann Kiggen
Phone: 202-864-5923
Email: ckiggen@nvca.org

WASHINGTON, DC – The National Venture Capital Association (NVCA) today announced that it has partnered with Aumni, an investment analytics company, to provide extensive market insights into deal terms found in executed venture financing agreements. By analyzing over 35,000 transactions, representing more than 17,000 unique investors and spanning a decade of data, NVCA and Aumni have added term-specific analysis to its most popular model legal document: the term sheet. The new “Enhanced Model Term Sheet” contains over 150 hyperlinked data points, detailing the usage and frequency of specific terms found in the model agreement. The Enhanced Model Term Sheet is available to download for free at https://nvca.org/model-legal-documents/.

“We are very excited about this new partnership with Aumni to enhance NVCA’s Model Legal Documents, which are incredibly valuable to VCs and entrepreneurs,” said Bobby Franklin, President and CEO of NVCA. “The new insights and analysis Aumni will bring to the Model Legal Documents will help venture capitalists and high-growth companies make better decisions and increase the knowledge available to smaller VC firms and entrepreneurs. The Enhanced Model Term Sheet will greatly impact deal-making in the VC industry.”

“As an investment analytics platform, Aumni’s mission is to empower venture dealmakers with the most accurate and comprehensive insights across their portfolio,” said Kelsey Chase, President and Co-founder of Aumni. “We have the privilege of working with leading venture firms all over the world. Our partnership with NVCA will now allow investors, finance leaders and venture attorneys to unlock investment insights at unprecedented depth and scale.”

The anonymized market data in the new Enhanced Model Legal Documents will allow investors to benchmark future deals with not just their own historical data, but now with data from what thousands of other investors have done by stage – including seed through growth equity rounds. The launch of the Enhanced Model Term Sheet represents one of the ways NVCA and Aumni are helping the venture community gain valuable and timely insights.

“Many venture firms rely heavily on data to make the best decisions for their firms and various stakeholders. The market insights developed by NVCA and Aumni can significantly influence the deal making landscape for investors, entrepreneurs and practitioners,” said Jason Doren, member of NVCA’s General Counsel Advisory Board.

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About National Venture Capital Association

The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the US venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.

About Aumni

Aumni is an automated investment analytics platform for the innovation economy. By extracting information directly from audited and verified closing documents, Aumni provides the most comprehensive strategic insights related to the economic position and legal rights of every investment. Aumni accelerates front and back office operations by providing information from the entire portfolio in just a few clicks. With Aumni, investment leaders can make faster and more informed decisions in an ever-changing world. For more information about Aumni, please visit www.aumni.fund.