new yorkbased smartasset series ttv capital

NEW YORKBASED SMARTASSET SERIES TTV CAPITAL SOFTWARE

Led by Michael Carvin, Founder and CEO, SmartAsset provides a large marketplace connecting consumers to financial advisors and financial products reaching more than 100 million people each month through its personal finance content, custom tools and personalized calculators. in scaling its employee headcount to accelerate growth.in new product offerings, technology infrastructure and data partnerships and.

in improving the user and matching experiences for both consumers and financial advisors,.

The company intends to use the funds to invest: The round was led by existing investor TTV Capital with participation from Javelin Venture Partners, Contour Venture Partners, Citi Ventures, New York Life Ventures, North Bridge Venture Partners, and CMFG Ventures. Its SmartAdvisor service connects consumers with financial advisors.SmartAsset, a NYC-based online platform for financial advice connecting consumers with financial advisors, closed a $110m Series D funding round, valuing the company at over $1 billion.

NEW YORKBASED SMARTASSET SERIES TTV CAPITAL SOFTWARE

Its proprietary technology, industry leading research and patent-pending Automated Financial Modeling software forecast the impact of different decisions on people's personal finances, enabling millions of people to make smart financial decisions. About SmartAsset SmartAsset is a financial technology company that empowers people with automated personalized financial tools. This year, the company became a six-time honoree of the Webby Awards and a finalist for the Benzinga Fintech Awards, and its Vice President of Content and Financial Education, AJ Smith, was named one of Folio's Top Women in Media. The company and its team have been the recipients of many industry recognitions and awards including the Webby Awards and Benzinga Fintech Awards. 'Given the size of SmartAsset's audience, the SmartAdvisor platform clearly has the potential to meaningfully change how advisors approach marketing and business development in the digital age.' SmartAsset has experienced rapid growth in the six years since its founding over the past 12 months SmartAsset's audience has grown by 90%. We see a tremendous opportunity for SmartAsset to create the web's first digital platform to help advisors add new clients in a profitable and scalable fashion,' said Rajini Kodialam, Co-Founder of Focus Financial Partners. 'We could not be happier to have the support of new and existing investors, bringing with them the expertise and acumen needed for us to accelerate our growth.' 'Financial advisors currently have no reliable, easy-to-use digital channels to grow their business. In doing so, SmartAsset will become the largest marketplace for investors trying to find financial advisors and advisors trying to meet new prospective clients,' said CEO and Co-Founder Michael Carvin. 'This investment will accelerate our mission of becoming the web's premier resource for personal finance tools and content.

Powered by proprietary Automated Financial Modeling software, SmartAsset's tools, calculators, data-driven studies and educational content provide the web's best personal finance resources, directly to consumers. The six-year-old Y Combinator company provides personal finance information and tools to more than 45 million people each month.

SmartAsset plans to use the funding to further grow its audience, as well as expand its fast growing SmartAdvisor platform, which matches consumers to financial advisors.

This increases the total funding in the company to more than $51 million. The new investment comes from Focus Financial Partners (which is backed by Stone Point Capital and KKR), Javelin Venture Partners, TTV Capital, IA Capital and Citi Ventures, among others. SmartAsset, the Internet's most-viewed financial technology company helping people make smarter financial decisions, has raised $28 million in Series C funding.

New yorkbased smartasset series ttv capital