Standard Metrics (@metrics_co) has raised a $20M Series B led by 8VC (@8vc) to accelerate innovation in the private markets! Trillions of dollars of economic activity in the private markets still run on spreadsheets, email threads, and PDFs. This critical ecosystem remains surprisingly analog and inefficient despite financing many of the world’s most innovative companies. This problem matters. A better-functioning innovation economy would lead to new big technological breakthroughs, life-saving medicines, jobs, and game-changing new products. AI expands both the urgency and the scope of this opportunity. New AI models have fundamentally changed how data can be organized, analyzed, and acted upon, and they are beginning to drive rapid software adoption in an industry that has historically lagged behind. We believe AI-native infrastructure will reshape the private markets over the coming decade. Two years ago, we bet our company on the idea of building the AI-native portfolio management platform for venture capital and private equity. That was the single most consequential decision in our history: it led us to create the first MCP server in our space, launch an AI-driven document processing service, and build cutting-edge agentic reporting and analytics tools. Today, we’re proud to support more than 150 investment firms who collectively manage over $400B, along with more than 10,000 of their portfolio companies. 30% of the Forbes Midas List are customers of Standard Metrics. But we’ve still only scratched the surface: we work with roughly 1% of active global VC/PE firms. We’ve raised roughly $50M to date. Most of that capital has come from our customers. Investors in this round alongside 8VC include Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten Ventures, Calm Ventures, Gaingels, and more. It’s been an honor to partner with some of the world’s most forward-thinking investors on this journey. Thank you so much to our team, customers, investors, and supporters. We’re just getting started!

We learned this week that Aumni (@getaumni) by J.P. Morgan is being discontinued. Aumni was an early pioneer in the VC software space, and we have deep respect for what their team built. We’re wishing everyone there the best as they navigate this transition. We understand that this change may create stress for portfolio operations and finance teams who rely on Aumni for consistent access to portfolio data, especially with Q4 close and audits approaching. Per Aumni’s customer communication, portfolio data processing will end in mid-January, and the platform will shut down at the end of March. We've been in touch with many Aumni customers and team members over the past couple of days, and it's been wonderful to see the community come together and support each other. If you’ve been affected in any way and are evaluating continuity options, whether with Standard Metrics (@metrics_co) or elsewhere, our team is here to help however we can. Please feel free to reach out to me or anyone at Standard Metrics.