LearnVest Lands $4,500,000 Series A Financing Round

  • Feed Type
  • Date
    4/1/2010
  • Company Name
    LearnVest
  • Mailing Address
    1115 Broadway, 12th Floor New York, NY 10010
  • Company Description
    LearnVest is the leading independent personal finance website targeting the 70 million women who control over 80% of all consumer spending in the United States. Since its debut as a TechCrunch50 Company in September 2009, LearnVest has helped tens of thousands of women gain control of their finances. Through LearnVest.com, LearnVest provides trusted content and tools to help women tackle their finances at each stage of life. These tools include Financial Checklists, a customized Action Plan, a Budgeting Tool, a 20-day Financial Resolution Bootcamp, and carefully vetted recommendations to help users find the financial accounts they need. LearnVest educates subscribers via the “LearnVest Daily,” a bite-size email guide of hip lifestyle tips for living on a budget.
  • Website
    http://www.learnvest.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    LearnVest plans to use the funding to meet the strong demand for its current trusted informationand tools, expand on its offerings, and build on the company’s recent success.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    Rose Tech Ventures
  • Venture Investor
    Richmond Management