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AngelList expands into private equity with acquisition of fintech startup Nova

With its acquisition of Nova (only the company’s second buy since inception), which has built investor management software for institutional private funds, AngelList continues to broaden its scope.

“At the highest level, the way to think about what AngelList does is we’re really building the infrastructure that powers the startup economy, including all the infrastructure needed to run venture funds,” said AngelList CEO Avlok Kohli.

Tags

infrastructure, investing