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AngelList goes big with private equity acquisition
AngelList is making a strategic move into the private equity space with the recent acquisition of fintech startup Nova.
This acquisition marks AngelList’s foray into a new market and demonstrates its commitment to expanding its suite of products and services for venture firms, investors, startups, and fund managers. The integration of Nova’s investor management software into AngelList’s suite of products will enhance the company’s presence in the private markets industry and fuel its growth in serving institutional funds. Acquiring Nova, an established fintech startup with a proven track record and existing customer base, provided AngelList with a faster route to enter the private equity market.
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