
Morningstar
Morningstar is a seed to Series B stage investment firm. It has made 34 investments. Average disclosed round size is $7.9M (across 31 rounds with reported amounts).
Portfolio
34
Fund Size
—
Top Stage
Unknown
Last 12 Mo
0
Team
Bryan Armour, CFA
Bryan Armour is director of ETF and passive strategies research for North America for Morningstar. Email Bryan at bryan.armour@morningstar.com.
Karen Andersen, CFA
Karen Andersen, CFA, is a director for Morningstar.
Sabeeh Ashhar
Sabeeh Ashhar is director of quantitative research for Morningstar.
Thomas Aviles
Thomas Aviles is the Vice President of Business Development, Financial Planning, for Morningstar, Inc.
Eden Alemayehu
Eden Alemayehu is an associate equity analyst for Morningstar.
Adam Baker
Adam Baker is an equity analyst for Morningstar.
Dan Baker
Dan Baker is a senior equity analyst for Morningstar Asia Limited (“Morningstar”), a wholly owned subsidiary of Morningstar, Inc.
Hunter Beaudoin
Hunter Beaudoin is a manager research analyst for Morningstar Asia Limited (“Morningstar”), a wholly owned subsidiary of Morningstar, Inc.
Jack Armanini
Jack Armanini is an analyst, Structured Finance Analytics, Data Analytics, for Morningstar DBRS.
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $5M | Aug 2024 | |
| Nnexio | Pre-Seed | $2.2M | Aug 2024 |
| Series A | $12M | Jun 2024 | |
| Unknown | $6M | Apr 2024 | |
| Series A | $25M | Apr 2024 | |
| Unknown | $2.1M | Apr 2024 | |
| SShiba Inu | Unknown | $12M | Jan 2024 |
| Strategic | — | Jan 2024 | |
| KKyoko Finance | Unknown | $3M | Feb 2022 |
| KKyoko | Unknown | $3M | Feb 2022 |
| Seed | $6M | Jan 2022 | |
| Seed | — | Jan 2022 | |
| Unknown | $1.5M | Jan 2022 | |
| Series A | $6M | Jan 2022 | |
| Seed | $20M | Jan 2022 | |
| Seed | $3.6M | Jan 2022 | |
| EExotic Market | Unknown | $5M | Jan 2022 |
| Unknown | $1.5M | Nov 2021 | |
| Series C | — | Oct 2021 | |
| Seed | $1.5M | Sep 2021 | |
| Seed | — | May 2021 | |
| Series B | — | Apr 2021 | |
| NNova Finance | Unknown | $3M | Jan 2021 |
| SStrips Finance | Seed | $8.5M | Jan 2021 |
| CCoinweb | Unknown | $4M | Jan 2021 |
Top Co-Investors
Last updated: 7 October 2026