Morningstar
Morningstar, Inc. (Nasdaq: MORN) was founded in Chicago in 1984. It provides independent investment research, data and platforms such as Morningstar Direct, PitchBook, Morningstar Credit, Sustainalytics and Indexes. Customers include individual investors, financial advisors, asset managers, retirement plan providers and institutional debt and private-capital investors. Revenue is mostly license-based subscriptions (70% in 2025), plus asset-based and transaction-based fees. Revenue was about $2.45B in 2025, up 7.5%, with roughly 10,973 full-time employees at year-end 2025. It added AI products: the Mo assistant (2023), an AI assistant in Direct Advisory Suite, and Morningstar Direct AI with three agents (Oct 2026).
Funding
Every round, secondary, debt facility or acquisition involving Morningstar that AI Lounge tracks, newest first.
No rounds recorded yet.
Members see every AI company on AI Lounge with revenue, funding, valuation and investors, searchable and sortable, free.
Create my free account →Log in