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Morningstar

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 30
Average round size
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The average size of a deal this fund participated in
$11M
Portfolio companies 19
Rounds per year 0.77
Lead investments 5
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.37
Exits 6
Key employees 21

Areas of investment

  • Financial Services
  • FinTech
  • Finance
  • Women's
  • Impact Investing
Summary

Morningstar is the famous Corporate Investor, which was founded in 1984. The main office of represented Corporate Investor is situated in the Chicago. The company was established in North America in United States.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has exact preference in some founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight YCharts, United Income, HelloWallet. Among the most successful fund investment fields, there are Market Research, Financial Services.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Morningstar, startups are often financed by HPA, I2A Fund, Dolphin Equity Partners. The meaningful sponsors for the fund in investment in the same round are I2A Fund, HPA, Astia Angels. In the next rounds fund is usually obtained by Ulu Ventures, Salesforce Ventures, Rethink Impact.

Besides them, we counted 20 critical employees of this fund in our database.

The typical startup value when the investment from Morningstar is 100-500 millions dollars. This Morningstar works on 2 percentage points less the average amount of lead investments comparing to the other organizations. The usual things for fund are deals in the range of 10 - 50 millions dollars. The fund is constantly included in less than 2 investment rounds annually. Considering the real fund results, this Corporate Investor is 33 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2018. The top amount of exits for fund were in 2019.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Morningstar:
Typical Co-investors
Morningstar is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Morningstar:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Ellevest

Financial Services
FinTech
Impact Investing
Women's
$53M06 Apr 2022 New York, New York, United States

iraLogix

Accounting
Enterprise Software
FinTech
$11M07 Jun 2021 Pittsburgh, Pennsylvania, United States

Meme.com

Internet
$5M27 May 2021 Helsingborg, Skåne County, Sweden

HashMix

Financial Services
FinTech
$3M11 May 2021 Singapore, Central, Singapore

Don-Key

Financial Services
$2M15 Apr 2021 -

The Defiant

Finance
Information Services
News
$1M12 Apr 2021 New York, New York, United States

Ellevest

Financial Services
FinTech
Impact Investing
Women's
$34M11 Mar 2019 New York, New York, United States

Owler

Business Information Systems
Business Intelligence
Crowdsourcing
Internet
Market Research
$7M27 Aug 2018 California, United States

United Income

Finance
Financial Services
FinTech
$10M03 Aug 2018 Washington, District of Columbia, United States
News
Tifin Raises $47M in Series C at $447M Valuation

– Tifin is a Boulder, CO- and NYC-based fintech platform using AI for wealth and asset management.
– The company raised $47m in Series C funding.
– The round was led by Hamilton Lane (NASDAQ: HLNE), which joined J.P. Morgan Asset Management, Morningstar, and Broadridge.
– The new investment will be used to expand the company’s business reach via additional acquisitions, as well as working with the strategic partners to accelerate their fintech innovation initiatives.

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Total investments 30
Average round size 11M
Rounds per year 0.77
Peak activity year 2021
Lead investments 5
Follow on index 0.37
Exits 6
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Ellevest

Financial Services
FinTech
Impact Investing
Women's
$53M06 Apr 2022 New York, New York, United States

iraLogix

Accounting
Enterprise Software
FinTech
$11M07 Jun 2021 Pittsburgh, Pennsylvania, United States

Meme.com

Internet
$5M27 May 2021 Helsingborg, Skåne County, Sweden

HashMix

Financial Services
FinTech
$3M11 May 2021 Singapore, Central, Singapore

Don-Key

Financial Services
$2M15 Apr 2021 -

The Defiant

Finance
Information Services
News
$1M12 Apr 2021 New York, New York, United States

Ellevest

Financial Services
FinTech
Impact Investing
Women's
$34M11 Mar 2019 New York, New York, United States

Owler

Business Information Systems
Business Intelligence
Crowdsourcing
Internet
Market Research
$7M27 Aug 2018 California, United States

United Income

Finance
Financial Services
FinTech
$10M03 Aug 2018 Washington, District of Columbia, United States
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