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Getting StartedLearn the fundamentals of the Aumni platform
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Account SettingsLearn how to add users, onboard service providers, contact billing, and more
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GlossaryFind term definitions and calculations used in the Aumni platform.
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Use CasesDiscover helpful use cases organized by role and platform feature
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PortfolioBrowse step-by-step guides on Portfolio pages
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Audit LogLearn all you need to know about the Audit Log
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ReportsDiscover step-by-step instruction on Reports
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Benchmarking & AnalyticsGet how-to help on market benchmarking, analytics, and more
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ScenariosLearn more about our Scenarios Feature
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DocumentsLearn how to manage Aumni-required documents
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Tips & TutorialsGet how-to help for specific features with video instruction
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Common FAQsBrowse our library of solutions to get your questions answered
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Integrations & APIGet detailed steps on how to integrate your Aumni Data
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Privacy & SecurityFind key information about security, privacy, and compliance at Aumni
Promoted articles
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A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z
- % of Issued Shares via Conversion
- Definition
The number of shares issued via convertible conversion in an Equity Financing.
- Calculation
Number of shares in convertible conversions / all newly issued shares in the equity financing
- Data Source
Stock Purchase Agreement
- % of Preferred Shares Held
- Definition
The sum total of Preferred Stock purchased and Preferred Stock converted represented as a percentage of this company's total outstanding Preferred Stock.
- Calculation
Number of Preferred Shares for that investor / total number of preferred stock
- Data Source
Stock Purchase Agreement
- Agg Liq Pref Ahead Of Me
- Definition
The total dollar amount that must be paid to holders of shares with a higher liquidation preference seniority to the highest seniority shares held by your Fund. This number will be "--" if your fund holds any shares with the highest liquidation preference seniority. This number does not take into consideration any debt held by the company.
- Calculation
Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Multiple Sources
- Agg. Liq Pref
- Definition
The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Charter and Stock Purchase Agreement
- Aggregate Cost
- Definition
The sum total dollar amount invested by an Investor in an investment.
- Calculation
Sum of all outlays in transactions involving a given investment
- Data Source
Stock Purchase Agreement
- Audited Financial Statements
- Definition
Financial statements that have been reviewed by an independent auditor.
- Data Source
Investors’ Rights Agreement
- Balance Sheet
- Definition
A financial statement that reports an investment's assets, liabilities, and shareholder equity at a specific point in time.
- Data Source
Investors’ Rights Agreement
- Capitalization Table
- Definition
A visual representation of the ownership of a company.
- Data Source
Investors’ Rights Agreement
- Closing
- Definition
The exchange of cash or other consideration for a security in an investment.
- Data Source
Stock Purchase Agreement
- Co-Investor
- Definition
All Investors who have invested together in an Equity Financing for an investment.
- Data Source
Stock Purchase Agreement
- Common Stock
- Definition
Equity Classes without preferential rights.
- Data Source
Charter
- Contractual Price Per Share
- Definition
A defined term in the Stock Purchase Agreement, states explicitly the price at which Investors have agreed to buy and the company has agreed to sell a class of stock.
- Data Source
Stock Purchase Agreement
- Conversion Ratio
- Definition
The ratio at which a share of Preferred Stock converts into Common Stock.
- Data Source
Charter
- Converting Into Equity Class
- Definition
The Equity Class into which the convertible security converted.
- Data Source
Convertible Promissory Note
- Corporate Jurisdiction
- Definition
The jurisdiction in which the legal entity was formed.
- Data Source
Charter
- Cost
- Definition
What you paid for the security.
- Data Source
Multiple Sources
- Current Price Per Share
- Definition
Liquidation Price Per Share in New Money Equity Classes in the most recent Equity Financing round.
- Data Source
Charter or Stock Purchase Agreement
- Discount
- Definition
The Discount is one mechanism to determine the conversion price per share for this convertible security, represented as a Discount to the lowest New Money Price Per Share.
- Data Source
Convertible Promissory Note
- Effective Price Per Share
- Definition
The actual price paid for a share of stock by any individual Investor.
- Calculation
Cost / number of shares
- Data Source
Stock Purchase Agreement
- Entity Form
- Definition
The corporate form of the relevant legal entity.
- Data Source
Charter
- Equity Class
- Definition
The differentiation of different groups of stock. These classes can carry different rights, preferences and privileges, and companies generally authorize new Equity Classes during an Equity Financing round.
- Data Source
Charter
- Equity Financing
- Definition
A set of transactions wherein a company sells equity securities to Investors at a set valuation.
- Data Source
Multiple Sources
- Equity Financing New Money
- Definition
The sum Cost of all New Money invested during Equity Financing rounds for this investment.
- Data Source
Stock Purchase Agreement
- Founded Year
- Definition
Year the legal entity was formed.
- Data Source
Charter
- Fully Diluted Ownership Percentage (FD%)
- Definition
Ownership percentage of a company on a Fully Diluted Share count basis.
- Calculation
Number of shares as of the relevant date / fully diluted share count as of that date
- Data Source
Multiple Sources
- Fully Diluted Shares
- Definition
The total share count of a company counting shares that are currently issued and outstanding as well as the shares that could be claimed through the conversion of Preferred Stock and through the exercise of all Outstanding and Reserved Options and outstanding Warrants.
- Calculation
All outstanding shares of common and preferred and founder preferred stock + all warrants outstanding + all outstanding options inside and outside of all option pools + options available for future issuance inside all option pools
- Data Source
Stock Purchase Agreement
- Fund
- Definition
The investing entity making an investment.
- Data Source
Stock Purchase Agreement
- Fund's Recent Closing
- Definition
The latest Closing in this Equity Financing in which the specified Fund participated.
- Data Source
Stock Purchase Agreement
- Funding Round Participating
- Definition
Equity Financings in which the specified Fund received an issuance of stock.
- Data Source
Stock Purchase Agreement
- Highest New Money Price Per Share
- Definition
The highest Liquidation Price Per Share for an Equity Class issued in an Equity Financing in exchange for cash.
- Data Source
Stock Purchase Agreement
- Implied Value
- Definition
An approximation of the current aggregate value of an Investor's positions in an investment.
- Calculation
- Data Source
Multiple Sources
- Industry
- Definition
The Industry in which the company operates. An Industry is a broader subject that encompasses multiple market segments.
- Data Source
Crunchbase
- Industry Sub-Category
- Definition
The Industry Sub-Category in which the company operates. An Industry Sub-Category is a more specific market segment.
- Data Source
Crunchbase
- Information Rights
- Definition
The legal right of a stockholder to access certain specific information not generally available to all stockholders.
- Data Source
Investors’ Rights Agreement
- Initial Closing
- Definition
The date upon which the first Closing took place in an Equity Financing round.
- Data Source
Stock Purchase Agreement
- Invested Funds
- Definition
The list of Funds that have transacted with an investment.
- Data Source
Multiple Sources
- Investor
- Definition
The investing entity making an investment.
- Data Source
Stock Purchase Agreement
- Issue Date
- Definition
The date in which a convertible note was issued.
- Data Source
Convertible Promissory Note
- Last Transaction Date
- Definition
The later of the most recent Equity Financing Closing date and your most recent transaction date with this investment.
- Data Source
Multiple Sources
- Latest Post Money Valuation
- Definition
The Post Money Valuation of the most recent Equity Financing.
- Data Source
Stock Purchase Agreement
- Lead Investor
- Definition
Investor with the most New Money in the Equity Financing round.
- Calculation
Max of the sum of a fund's new money in a round
- Data Source
Stock Purchase Agreement
- Liquidation Price Per Share
- Definition
The Price Per Share used to determine the liquidation preference amount for an Equity Class in a liquidation event.
- Data Source
Multiple Sources
- Major Investor
- Definition
An Investor who meets the Major Investor Threshold or who is explicitly stated to be a Major Investor. The Major Investor Threshold is the share, dollar amount, or ownership percentage threshold over which shareholders are entitled to receive preferential rights not granted to all shareholders, such as Information Rights and Pro Rata Rights.
- Data Source
Investors' Rights Agreement / Stock Purchase Agreement
- Major Investor By Threshold
- Definition
The Investors meeting any threshold criteria.
- Data Source
Investors' Rights Agreement / Stock Purchase Agreement
- Major Investor Threshold Amount
- Definition
Sum of all investor and investor affiliates' outlays in primary issuance transactions required to become a Major Investor. This can either be at the time of Equity Financing, or today.
- Data Source
Investors’ Rights Agreement
- Major Investor Threshold Ownership Percent
- Definition
Ownership % of an investor and any investor affiliates required to become a Major Investor. This can either be at the time of Equity Financing or today.
- Data Source
Investors’ Rights Agreement
- Major Investor Threshold Shares
- Definition
Sum of Shares Held by an investor and investor affiliates required to become a Major Investor. This can either be at the time of Equity Financing, or today.
- Data Source
Investors’ Rights Agreement
- Major Investor Threshold: Side Letter / Management Rights Letter
- Definition
The investor or an investor's affiliate holds a side letter or management rights letter that grants such an investor Major Investor status.
- Data Source
Side Letter / Management Rights Letter
- Multiple
- Definition
A Fund's Realized Proceeds plus the Implied Value from currently held securities in this investment divided by your Fund's aggregate investment amount.
- Calculation
(Implied value + realized proceeds) / my cost
- Data Source
Multiple Sources
- Multiplier
- Definition
The Multiple on a class of stock's Liquidation Price Per Share that holders of such series of stock will receive as liquidation preference.
- Data Source
Charter
- My Agg Liq Pref
- Definition
The total dollar amount that must be paid to my Funds in context upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Multiple Sources
- My Aggregate Cost (My Cost)
- Definition
The sum total dollar amount invested by my Funds in an investment.
- Calculation
Sum of all outlays in transactions involving a given investment
- Data Source
Stock Purchase Agreement
- My Entry Cost
- Definition
- Data Source
Multiple Sources
- My Entry Date
- Definition
The date of the first transaction between my Funds and this investment.
- Data Source
Multiple Sources
- My FD%
- Definition
My Funds' current ownership percentage of a company on a Fully Diluted Share count basis.
- Calculation
My currently held shares as of the relevant date / fully diluted share count as of that date
- Data Source
Multiple Sources
- My FD% at Entry
- Definition
My Funds' ownership percentage of a company on a Fully Diluted Share count basis at the time of such Investor's initial investment in a company.
- Calculation
My currently held shares as of entry date / fully diluted share count as of that date
- Data Source
Multiple Sources
- My Liq Pref
- Definition
The total dollar amount that must be paid to my Funds in context upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Multiple Sources
- My Shares
- Definition
My Funds' number of shares owned in that Equity Class.
- Data Source
Stock Purchase Agreement
- My Total Aggregate Cost
- Definition
The sum total dollar amount invested by my Funds' in an investment
- Calculation
Sum of all outlays in transactions involving a given investment
- Data Source
Stock Purchase Agreement
- My Total Liquidation Preference
- Definition
The total dollar amount that must be paid to my Funds upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of my shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Multiple Sources
- My Total Shares Held
- Definition
My Funds' number of shares owned in the company.
- Data Source
Multiple Sources
- My Warrant Shares
- Definition
The aggregate number of shares my Funds are contractually entitled to purchase across all Warrants currently held by such Investor.
- Data Source
Warrant Document
- Named Major Investor
- Definition
The documents state explicitly that an investor or an investor's affiliate is to be considered a Major Investor.
- Data Source
Investors’ Rights Agreement
- Options Outside of Pool Outstanding
- Definition
The sum of options that have been issued that were not issued out of an equity incentive plan.
- Data Source
Stock Purchase Agreement
- Original Issue Price
- Definition
A defined term in the Charter, generally equal to the Contractual Price Per Share for the class of stock on the date of such classes' original issuance.
- Data Source
Charter
- Outstanding and Reserved Options
- Definition
The sum of issued options that have been reserved in equity incentive plans together with additional shares reserved in equity incentive plans for future issuance.
- Data Source
Stock Purchase Agreement
- Participating
- Definition
Whether a given series of Preferred Stock participates alongside Common Stock after receiving its liquidation preference.
- Data Source
Charter
- Portfolio Company
- Definition
The company that an Investor is investing into.
- Data Source
Charter
- Post Money at Entry
- Definition
If the company has raised an Equity Financing, the Post Money Valuation at the time of the entry date.
- Data Source
Stock Purchase Agreement
- Post Money Valuation
- Definition
The approximate market value given to a company after an Equity Financing round.
- Calculation
Total new money / (total new money shares / fully diluted shares)
- Data Source
Stock Purchase Agreement
- Preference Order
- Definition
The order in which the liquidation preferences for various classes of stock are paid upon a liquidation event provided such Preferred Stock does not convert to Common Stock. Stock.
- Data Source
Charter
- Preferred Stock (All Classes)
- Definition
Equity Classes with preferential rights.
- Data Source
Charter
- Price Per Share (PPS)
- Definition
The Highest New Money Price Per Share. Generally the Original Issue Price, but can also be the Contractual Price Per Share, or the Effective Price Per Share, as outlined in the Charter.
- Data Source
Multiple Sources
- Pro Rata Rights
- Definition
Pro Rata Rights allow investors to maintain their ownership percentage by purchasing a defined allocation of securities offered in subsequent Equity Financing rounds.
- Data Source
Investors’ Rights Agreement
- QSBS Covenant Given
- Definition
Whether the company covenants to refrain from taking certain actions that would disqualify certain securities from Qualified Small Business Stock status.
- Data Source
Investors’ Rights Agreement
- QSBS Rep Made
- Definition
Whether the company represents that the securities sold in this equity financing meet certain Qualified Small Business Stock requirements.
- Data Source
Stock Purchase Agreement
- Realized Proceeds
- Definition
The aggregate gross proceeds actually received by an investor from the disposition of investments in an investment.
- Calculation
Sum of all inlays in transactions involving a given investment
- Data Source
Multiple Sources
- Shares
- Definition
The total of outstanding shares issued by a company that have not been redeemed, converted, or otherwise cancelled.
- Data Source
Stock Purchase Agreement
- Shares Converted
- Definition
The total number of shares issued in consideration for the conversion of convertible securities in this company's Equity Financing rounds.
- Data Source
Stock Purchase Agreement
- Shares Held
- Definition
The sum total of stock currently held.
- Data Source
Multiple Sources
- Shares Held as Fully-diluted %
- Definition
The sum total of Shares Purchased and Shares Converted represented as a percentage of a company's Fully Diluted Share Count.
- Data Source
Stock Purchase Agreement
- Shares Purchased
- Definition
The total number of Shares Purchased by an investor in the company's Equity Financing rounds.
- Data Source
Stock Purchase Agreement
- Stage
- Definition
An estimation of the most recent New Money Equity Class alphabetical rank.
- Data Source
Stock Purchase Agreement
- Stage at Entry
- Definition
The Stage of the company at the time of a Funds first transaction.
- Data Source
Multiple Sources
- State of Notice
- Definition
The state in which the investment requests to receive notice.
- Data Source
Stock Purchase Agreement
- Statement of Income / Cash Flows
- Definition
A financial statement that reports cash entered and exited in an investment during an accounting period.
- Data Source
Investors’ Rights Agreement
- Statement of Stockholder's Equity
- Definition
A financial statement that reports the revenues, gains, expenses and losses of an investment for a particular accounting period.
- Data Source
Investors’ Rights Agreement
- Subsequent Closing Window
- Definition
The period of time following the Initial Closing in which the company can sell additional shares as a part of an Equity Financing.
- Data Source
Stock Purchase Agreement
- Total Aggregate Liq Pref
- Definition
The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Charter and Stock Purchase Agreement
- Total Liquidation Preference
- Definition
The total dollar amount that must be paid to preferred stockholders upon a liquidation event prior to holders of Common Stock participating in the proceeds of the liquidation event.
- Calculation
Number of shares in an equity class * liquidation preference multiplier * liquidation price per share. Summed across all equity classes
- Data Source
Charter and Stock Purchase Agreement
- Total New Money
- Definition
Money paid for newly issued Preferred Stock and Common Stock in an Equity Financing.
- Calculation
Sum of money paid for preferred and common stock in that round
- Data Source
Stock Purchase Agreement
- Total New Money Invested
- Definition
Money paid for newly issued Preferred Stock and Common Stock in an Equity Financing.
- Calculation
Sum of money paid for preferred and common stock in that round by that fund
- Data Source
Stock Purchase Agreement
- Total New Money Shares
- Definition
Preferred shares issued in an Equity Financing.
- Calculation
Sum of preferred shares issued in an equity financing
- Data Source
Stock Purchase Agreement
- Total Shares
- Definition
The sum total of Shares Purchased and Shares Converted.
- Data Source
Stock Purchase Agreement
- Unrealized Gains/Losses
- Definition
Unrealized Gain is the increase in the value of an asset, such as a stock position, that has yet to be sold for cash. As such, an Unrealized Gain is one that takes place on paper, as it has yet to be realized. On the flipside, Unrealized Loss is the decrease in the value of an asset that has yet to be sold for cash.
- Calculation
Sum of implied value of currently held securities - FIFO cost basis of currently held securities
- Data Source
Multiple Sources
- URL
- Definition
Web address of investment.
- Data Source
Aumni
- Valuation Cap
- Definition
The Valuation Cap is one mechanism to determine the conversion Price Per Share for this convertible security, represented a fixed numerator, the denominator being the Fully Diluted Share count of the company immediately prior to the Equity Financing.
- Data Source
Convertible Promissory Note
- Warrants
- Definition
A contract that provides the holder with right to purchase a certain number of shares of a company, generally at a specified strike price prior to a specified date.
- Calculation
Pre-Money warrants outstanding as of the most recent SPA + any warrants issued since that date - any warrants exercised since that date
- Data Source
Stock Purchase Agreement
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Skip ahead to:
- Portco Report: Transparent tracking of ESG investments within your portfolio
- Portco Report: Customizing reports for your fund admin requirements
- Transaction Ledger Report: Adding more context to your transactions
What is Custom Fields?
Custom Fields let you augment your Aumni data with other information you care about within the Portfolio Companies, Transaction Ledger, and Funds Reports.
Now you can eliminate the need to toggle between spreadsheets or merge data across various sources by centralizing all your proprietary information into one digital report for seamless, efficient portfolio data management and investment decision-making. To learn more about how to create and use Custom Fields, watch the tutorial or read the how-to guide.
In this article, discover some of the key ways Aumni customers use Custom Fields to empower their existing workflows.
From Portfolio Companies Report:
Transparent tracking of ESG investments within your portfolio
It has become increasingly important for fund managers to diligence investments based on ESG criteria, compliance, and other KPIs for internal reporting to LPs and various stakeholders. Aumni customers use Custom Fields to do just that.
- By creating a new Custom Fields column, you can easily track the ESG investments in your portfolio. Start by creating a “Multiple Select” property type and adding “Environmental,” “Social,” and “Governance” as potential values. Now you can easily select these categories for future investments on a recurring basis.
- Additionally, you can track ESG ratings for investments as a “Numerical” property field or as a grade with the “Select” property type. Our users also create a new “Text” Custom Fields column and copy-paste specific ESG provisions from their investor side letters to easily manage any ESG expectations.
- Once all of your ESG information is inputted by portfolio company, easily filter for particular provisions for quick reporting. Create and save reports for all companies with Environmental initiatives or filter for any company supporting minority representation in their leadership team.
Customizing reports for your fund admin requirements
Every fund administrator has slightly different requirements, making it impossible for fund managers to standardize their reporting workflows at the industry level. Our customers solve this by adding Custom Fields to their Portfolio Companies Reports in Aumni. The result is a bespoke, yet comprehensive investment record augmented with all the essential data for fund admin operations, available to be rerun and refreshed at any point.
- For example, Aumni users use multiple “Text” Custom Fields to: input documentation on meetings or calls with underlying investments, copy-paste share links to a portfolio company’s annual financial statements, and track any regulatory requirements on a per investment basis.
- You can export your Report as a .csv to be shared with your Fund Admin, or you can onboard them to your Aumni account free of charge so they can access and edit Reports directly in the platform.
Integrating your Aumni data with your CRM or other third-party application
As the private capital market continues to accelerate to new heights, it’s more important than ever to innovate your workflows to stay competitive. But it’s difficult to have visibility across your internal systems, making it even more challenging to analyze your data for actionable insights. Adopting data-driven processes and technology is necessary to outcompete your peers and the market, and you need easy, reliable access to meaningful metrics in your digital ecosystem. With Aumni, you can integrate your portfolio’s validated economic, financial, and legal information with other applications to finally unlock the true value of your data, straight from your CRM or relationship management platform.
- Our customers create a "Text" or "Number" Custom Field and then copy-paste their investments’ respective CRM unique IDs into the column before Saving and Export custom Reports to a .csv in one click.
- You can work with your CRM administrator to seamlessly map those data fields to your CRM instance using whatever importing functionality they provide. Now you can access Aumni-audited data straight from your CRM.
To follow the step-by-step guide, read this article to learn more.
From Transaction Ledger Report:
Adding more context to your transactions
Aumni customers input various Custom Fields data points to add the context they need to every transaction for enhanced reporting, audit prep, and portfolio monitoring.
- Start by adding either a “Text” or “Select” Custom Field to input how a deal was sourced, such as by cold outreach or co-investor introduction.
- Create a “Percent” field with the as-of date included in the column header to easily monitor performance and calculate alpha at a certain point in time.
- Or add a “Notes” section as a “Text” property type to include other relevant and time-sensitive investment details, such as marking what a portfolio company’s ARR was at the time of a transaction to account for any changes in growth over time. The result is a comprehensive transaction record, easily referencable for streamlined legal, financial, and investment operations.
From the Funds Report
Track fund investment metrics across your portfolio
By recording key fund metrics like MOIC in the Funds Report, institutional investors can easily compare their fund investments against the rest of their Aumni Portfolio in a single view.
- Begin by selecting 'New Custom Field' from the Report Builder, and choosing 'Multiple' as the property type from the dropdown. Input 'MOIC' into the field name. For ease of use, freeze the Fund Name column by dragging and dropping that column name to the top of the area at the top of the page.
- Input values directly, or copy-paste from Excel directly into your new Custom Field column.
- By tracking MOIC or similar in Aumni, you can easily compare fund metrics across your portfolio, while maintaining a holistic view of investment gains, performance, and more.
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Skip ahead to:
- Outstanding Audit Lot Items
- Investment Snapshot
- Legal Overview
- Timeline
- My Economics
- Company Events
- Downloading Documents
Overview
The Overview page features high-level information on a single investment, including a summary of your fund's current position. As you scroll down the page, the information increases in granularity.
Outstanding Audit Lot Items
If an investment has Action Items, you'll see the 'Outstanding Audit Log Items' section at the top of the page.
Click 'Show Details' to generate an itemized list of your Audit Log Action Items, and select an Action Item to learn more; available investment data may be impacted by incorrect or missing documentation.
If an Item has been archived, it will be labeled as such.
Investment Snapshot
At the top of the Overview page, you can view the current state of the company, including stage, valuation, and money raised. Depending on the stage of the investment (active, public, exited, acquired), you'll see different data points highlighted.
Hover your mouse over any of these rounded values to get exact numbers which you can then copy-paste into Custom Fields or your external worksheets.
My Economics
In this section, you can view the economics of your participating fund(s) aggregated across financings. Aumni automatically determines your total cost and calculates the fully diluted percentage, implied value, and multiple so you don't have to.
Legal Overview
To the right of My Economics, view a summary of your legal positions in a portfolio company, such as whether you have information or pro rata rights, and if you hold a board seat.
Timeline
Interact with a timeline of company events and transactions to map changes over time. By selecting data points, you can chart your economics and ownership at different company stages.
Hover and select a point on the timeline to view an event in detail. The economics on the left will adjust to reflect that date, and underlying transaction information will populate beneath.
To deselect an event, click anywhere in the timeline.
Company Events
The Company Events table lists a company's underlying events -- such as financings, stock splits, option pool changes, etc. -- along with the date and any relevant economics. Aumni defines an 'event' as a change to a company's legal structure, control, or capitalization, affecting all investors.
The event name is hyperlinked so that you can tack directly to an event's subpage for more information.
My Securities Held
From My Securities Held, you can quickly access summaries on your securities held, aggregated across tranches.
As a note, 'Implied Value' is an estimate by Aumni. To learn more about this calculation, reach out to your customer success team.
My Transactions
View a table of hyperlinked transactions that underlie company events and securities at the bottom of the page. You may see information on rounds that you have not participated in, which has been shared with Aumni via your co-investors.
Downloading Documents
You can immediately download any of the underlying documents that Aumni has summarized via the 'Download Document' button.
Click to pull up the PDF reader in order to view the source document.
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Skip ahead to:
- The Problem: Missing or inaccurate investment documents
- The Solution: Aumni Audit
- Accessing your Audit Log
- Understanding Audit Log Status
- Filtering your Audit Log data
- Viewing underlying Audit Log documents
- Exporting your Audit Log
- Resolving your Audit Log issues
- The Audit Log Dashboard
- Archiving Action Items
I. The Problem
Missing or inaccurate investment documents
Sourcing, reconciling, and securely storing all of your deal documents and investment data is time-intensive and complex, often resulting in a fragmented system of record and inconsistent file storage that exposes you to risk. Firms cannot dedicate the manpower to document collection, validation, and management, and investment documents go unchecked or remain unaccounted for.
II. The Solution
Aumni Audit
Aumni handles hundreds of your portfolio documents at any given time, turning your text-heavy information into structured data to empower faster, more informed decision-making. But before you can view your investment data in the platform, documents must pass a rigorous review process known as Aumni Audit.
During Aumni Audit, our legal operations team reviews each submission, calculates unstructured data points, and quality controls information in conjunction with Aumni’s proprietary technology, ensuring the legal efficacy of each transaction. Whether you’re onboarding your portfolio with Aumni or uploading a new investment, our audit process guarantees the integrity of your portfolio from every angle.
In this guide, you'll learn the Audit Log fundamentals, including how to interpret your Audit Log, remediate Missing or Invalid Audit Log Items, and source additional context on your investment data.
Audit Log Tutorial
III. The Details
Accessing your Audit Log
Monitor the Aumni Audit process and stay up to date on any transaction with the Audit Log, easily accessible from the side navigation panel.
The Audit Log lists each transaction and event in a simplified table, populating key details, such as:- Date
- Equity Class
- Status
Status indicates the state of a transaction or event in Aumni Audit and provides the steps you need to complete to ensure your portfolio data is within the Aumni platform. By monitoring Status, you can successfully track document progress, triage your Action Items, and contextualize the portfolio data available in-platform.
Understanding Audit Log Status
Status Meaning Next Steps Aumni is aware of a transaction or event but has not yet received all of the documents required to complete the audit process. Click into an Action Item and upload the final PDF copy of the closing set of this transaction, or the relevant missing document(s), to the drag-and-drop area of the Item Overview panel.
If you’re unable to locate or track this down, let us know because we may be able to help with our LOST Docs service.The document submitted is not a final executed PDF, lacks a final Schedule of Purchasers, or does not contain the legal information necessary to be summarized and published in Aumni. Find additional details on why this Item was flagged as invalid by clicking on the Item Overview panel. Note the reason we’ve flagged the particular document(s) as invalid, and then click the Action Item to upload the final PDF version of the requested document(s). Our team is currently reviewing and extracting the substantive information in the documents to populate portfolio data accordingly. Check back soon to see this transaction’s updated Status or customize your Notifications in your User Settings to be automatically alerted to Audit Log updates. During Aumni Audit, our team uncovered an inconsistency in your documents.
The issue has not prevented Aumni from summarizing and publishing the transaction, but some of the information we’ve relied on to complete our analysis may be inaccurate or outdated.Depending on the issue described by the Urgent Flag, you may consider reaching out to the company or deal counsel to determine whether there are newer documents that may resolve it. It is possible that an Urgent Flag is already accounted for in an Action Item. If you have any questions, please reach out to your Aumni team. A transaction or event requires a data model that Aumni is still building and cannot yet be incorporated into your dashboard. Transactions or events will be processed once the accompanying data model is available in Aumni, at which point you’ll be alerted to any changes. Data extraction and analysis were completed successfully and the transaction was published to your dashboard without any Urgent Flags or Action Items. Filtering your Audit Log data
View, search, and filter your Audit Log to maximize workflow efficiency. Interact with your Audit Log by clicking any column header and filtering by the data points that are most important to you.
Above the Audit Log table, you can toggle between the Action Items and All Items tabs to quickly evaluate the progress of your portfolio documents and determine any next steps. For example, Action Items are defined as either “Missing” or “Invalid,” meaning they require further action before you can see the document’s data within Aumni.
Viewing underlying Audit Log documents
To quickly identify which underlying documents are impacting the Status of an Audit Log Item, click the row of the Transaction or Event, which then pulls up an itemized list in the Item Overview panel.
Exporting your Audit Log
Download your Audit Log in a .csv by clicking “Export” above the right-hand side of the table. Any filters in your Audit Log automatically populate your export to streamline your workflows.
Resolving your Audit Log issues
Resolve Action Items and other outstanding document issues before leaving your Audit Log. Simply click into an Audit Log Item to pull up the Item Overview panel to:
- Surface transaction or event context, related Audit Log details, and historical Audit activity in a single view.
- Upload outstanding documents directly to the drag-and-drop area at the bottom of the panel to remediate Action Items or Urgent Flags.
Section Meaning Information Originated From The data source for both the transaction/event and the Audit Log issue Action Items A list of “Missing Docs” or “Invalid Docs” items associated with the transaction or event
Remediate Action Items by uploading the listed documents to the submission section at the bottom of the Item Overview panelAudit Passed A list of all documents associated with the transaction or event that have passed Aumni Audit Audit Flags Transaction or event information is flagged for your review as data points are likely missing, erroneous or not defined within the documents The Audit Log Dashboard
Refer to the Audit Log Dashboard at the top of the page for a summary of your entire portfolio’s Audit progress. Dashboard metrics help you understand the Status composition of your Aumni portfolio. As you upload more of your portfolio and more of your documents, move through Aumni Audit, refer to the dashboard to note any significant changes to audit progress over time. It is common for the completion statistic to be significantly lower than 100%, reflecting Aumni’s continuous review and data extraction process.
Archiving Action Items
You can archive an outstanding Action Item from the Audit Log or via an Item Overview panel. Navigate to the Audit Log and select an Action Item by hovering your mouse over the far left column.
Once you click the checkbox, an Archive button will appear along with the number of selected items in parentheses, which you can then select to move the Action Item to your Archived tab.
To unarchive, simply select an investment and click ‘Unarchive.’ This will restore an Item to your Action Items.
Check out our guide on archiving to learn more.
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Skip ahead to:
I. The Problem
Calculating fair value accurately
Measuring fair market value for reporting and audit is time-consuming and difficult, requiring robust methodologies, complex calculations, and defensible estimations that, if done incorrectly, could expose your firm to risk. Market Approach methods use prices and other relevant information generated by market transactions involving comparable assets, but in order to determine the fair market value of your holdings, you need comprehensive and accurate economic and ownership information that is often difficult to source, out-of-date, or simply missing.
II. The Solution
Aumni Reports
While Aumni is not considered a valuation software tool, you can use Aumni Data and Reports to power your Market Approach workflows. Aumni structures and validates hundreds of economic and ownership terms needed for calculations so that you can measure fair value and become audit-ready quickly and with confidence.
In this guide, you’ll learn how to source the right data points for each Market Approach method via Aumni’s Portfolio Companies Report, and how to apply that data to your other calculations to determine the fair market value of your holdings.
Aumni for Valuations Tutorial:
III. The Details
Accessing Data Points
For Post Money Valuation:
Instantly source post-money valuation data without any additional accounting work on your end. Select Portfolio Companies Report, and keyword search ‘Post Money Valuation’ or scroll down to Economic Metrics. You can also pull in ‘My Entry Post Money Valuation’ to get a sense of valuation changes over time.
Drag and drop data points in the order that you wish, which will then be reflected in your report columns.
Click View Report and easily copy-paste Post Money values from the platform or Export your report to .csv.
Add Custom Fields to keep track of external data points or to input general notes. To learn more about how to create and use Custom Fields, read this article.
Then, save this report with a descriptive title and easily rerun it.
For the Guideline Public Company Method and Guideline Transaction Methods:
While the Guideline Public Company Method (GPC) and Guideline Transaction Method have different approaches to market comparability – public markets and recent mergers and acquisitions respectively – the Aumni data used to derive fair market value for your holdings is the same and is easy to source.
Go to your Portfolio Companies Reports and then keyword search or scroll to find the following data points needed for calculating value:
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- My Cost
- Fully Diluted Share Count
- My Total Shares
For a comprehensive list of the significant Aumni data points available for valuation workflows, check out this part of the article.
Organize your Report columns by dragging and dropping the data points in your preferred order and then click View Report. For the Report view, you can add Custom Fields, Save, and Export your Report to .csv to quickly and easily measure fair value via the following calculations:
- Company Market Value / Fully Diluted Share Count = Implied Price Per Share
- Implied Price Per Share x My Total Shares Held = Market Value of My Holdings
- Market Value of My Holdings / My Cost = Multiple of Invested Capital
List of Available Report Data Points for Valuations
To get a comprehensive understanding of the available data points in Reports that are helpful in measuring fair market value, see the list below:
Fund Information
- Fund
- Implied Value of My holding
- Most Recent Transaction Date
- My Currently Held Securities
Portfolio Company Details
- Founded
- Industry Category
- Portfolio Company
- Stage
- State of Notice
Capitalization
- Common Shares Outstanding
- My FD%
- My Total Shares Held
Economic Metrics
- Multiple
- My Cost
- My Realized Proceeds
- Post Money Valuation
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See Custom Fields in action within Portfolio Companies Report:
In the video above, you will learn how to create Custom Fields for various use cases, including:
- Adding a “Text” Custom Field for company DBA
- Creating a “Select” Custom Field to tag lead partners
- Adding a “Numerical” Custom Field to track company ARR
Pro Tip: Include the date or timestamp in the column header to track the as-of date for your Custom Field inputs
Want to understand more use cases? Go here to discover more.
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Skip ahead:
- Overview
- Logging in
- Understanding data with Formula Builder
- Using formulas
- Running the Capitalization template
- Loading a Dataset
- Refreshing data in Aumni Plugin
- Frequently Asked Questions
Aumni Plugin for Excel lets you access your Aumni data directly in Excel so you can create and update templates, reports, models, and formulas with the data you care about—all in real time with no manual data entry required.
In this guide, you’ll discover Aumni Plugin functionality and how the Plugin can support and streamline your everyday workflows.
System requirements:
- Excel 2019 or later on Mac
- Excel on Mac (Microsoft 365)
- Excel on Windows (Microsoft 365)
Overview
Aumni Plugin has three key features that make it easy to create and update your spreadsheets with the Aumni data you care about:
- Formula Builder: Add any of Aumni’s 300+ data points to a single cell or build custom formulas to derive new values. Create dynamic cell references using an Aumni data identifier and automatically update cells throughout a worksheet.
- Datasets: Load any of the 5 Aumni Report datasets (Portfolio Companies, Securities Held, Transaction Ledger, Equity Financings, Co-Investors) into new or existing spreadsheets as a static data pull.
- Plugin Capitalization Template: Select a company and load a table of the underlying capitalization and liq pref data for that investment. Reference this table when building your waterfall and valuation models.
Additionally, Aumni provides pre-built Excel templates loaded with Plugin formulas to help you get started.
Logging in
Once installed, click the Aumni icon in your menu bar.
Log in using your Aumni platform credentials. Click Continue.
Understanding data with Formula Builder
Overview
With Formula Builder, you can insert any of Aumni’s 300+ data points into a single cell.
Each Aumni datapoint has an underlying formula that includes a Data Item and Identifier in its syntax, which helps to specify the datapoint in question and locate it within the Aumni database.
Depending on the Data Item selected, different data sources–or Identifiers–will populate in a list that you must then select from, like portfolio company name, equity financing name, transaction type, co-investor fund, and more. In this way, Aumni Plugin data works similarly to Aumni Reports.
Sometimes, multiple identifiers are used to specify a Data Item; you can see the string of Identifiers and Data Items in the Aumni formula syntax.
The syntax of the Aumni formula is =AUMNI(id, fieldname).
Aumni formulas will automatically refresh the data every time a spreadsheet is reopened.
Using formulas
To refine your list of available data points in Formula Builder, click the filter dropdown and select a Report-specific dataset.
Select a cell. Then, from the Data Item area, scroll or keyword search for a data point.
Once you select a data point, a list of Identifiers will appear in the area below. Different identifiers will appear depending on the data point selected. Note that Aumni database IDs are included in parentheses. Click Insert Formula.
Data will automatically populate in the selected cell. You can nest this formula within another Excel function to create custom values.
Or, create cell references using the same Identifier to update data for other Data Items, like with the provided Excel templates.
Aumni formula data will automatically update every time you close and reopen a workbook.
Running the Capitalization Template
Plugin Templates pre-format your Aumni data to support key workflows. Data in templates is static and must be reloaded to be refreshed.
The Capitalization template combines your Aumni data from the Capitalization and Liq Pref tabs in your Company Pages into a single table that’s easy to reference.
Open a new sheet. From Templates, select a Portfolio Company from the dropdown and then Select a Template.
Click on Load Data.
Your ownership and liquidation preferences will be generated, and organized by equity class.
Loading a Dataset
Datasets allow you to import an entire Aumni Report dataset as a static pull. From the Dataset dropdown choose from the following: Portfolio Companies, Equity Financings, Securities Held, Transaction Ledger, and Co-Investors.
Load Data. Once populated, you can use spreadsheet functions to reference the data you care about, or load data into a sheet to keep track of your Portfolio information from a single point in time.
In order to refresh data, you have to re-select the dataset and click Load Data to refresh information.
Refreshing data in Aumni Plugin
When using Formula Builder, data will refresh each time you log into the Plugin.
Aumni Datasets and the Plugin Capitalization templates are static data pulls. To refresh information, click Load Data to update your sheet and account for any changes.
Frequently Asked Questions
1. I inserted data from the formula builder and I know the data is different in Aumni. Why is the new value not updated in my Excel workbook?
Your login to Aumni Plugin may not be active or valid. Log out and log back in again with your Aumni user login. You may also need to refresh the workbook by clicking on Reload from the informational (I) menu found in the plugin.2. Custom functions added from Formula Builder are not working in Excel Web.
Formula builder is not supported for Excel Web. We advise you use Excel Desktop App if you wish to create a report with Aumni formulas.