Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=99f53ddd-807f-444b-8853-83f840667e4f&Preview=1
Date 4/25/2008
Company Name Geezeo
Mailing Address 35 Tripp St, Studio Framingham, MA 01702
Company Description Geezeo combines free, easy-to-use online personal finance tools with the power of social networking to provide the resources and motivation consumers need to achieve their financial goals. Geezeo allows users to instantly and automatically track bank accounts and credit card balances, as well as investments, mortgages, student loans and auto loans.
Proceeds Purposes TheStreet.com expects the partnership to drive traffic, revenue and user engagement, while further positioning the company as a superior destination for all things related to money. TheStreet.com’s investment in Geezeo includes an initial investment of $1.2 million for an approximate 13% interest in Geezeo and the option to purchase the company based on an equity value of $12 million at any point over the next year.