Mike Bloomberg in State of Florida Archives

On Government Reform: Fund voter registration in FL, WI, OH, MI, and PA

"Whoever the nominee is likely won't be decided until late into 2020, and whoever that nominee is will face a very large and well-funded campaign in waiting," a Bloomberg adviser, who led Obama's battleground effort in 2012, told POLITICO last month.

"As we looked at the gaps in the current ecosystem, we said, 'Could we set something up right now that could provide the infrastructure, provide the data and technology to whomever the eventually nominee is so they're not at such a disadvantage once the primary is over?'" the adviser said. "We can."