Mint.com Receives $14 Million in Funding

Mint.com, a free online budgeting and personal finance startup, recently announced that they have received $14 million in Series C funding. This funding round was led by DAG Ventures. In total, Mint.com has received more than $30 million in funding since launching in 2007.

Mint.com Screen Cap

With more than 1.4 million registered users, Mint.com has quickly become an indispensable service for many individuals and families across the nation. In total, the service tracks more than $45 billion in assets and more than $175 billion in revenue.

Aaron Patzer, Mint.com's CEO, says that their large user base has allowed the company to better understand the population as a whole.

Patzer: "To be approached with funding in this climate is acknowledgment of our progress and potential in helping Americans to save and do more with their money. Now that we have a sampling of about 2% of the nation's online households, we can see some interesting economic trends, and are establishing ourselves as a source of close to real-time insights into the US economy."

With Mint.com, it's easy to download your financial information into the service. Once your account is set up, you can easily track your money in real-time using graphical charts. Mint.com will also help you set a monthly budget and points out ways you can save money.

Overall, Mint.com definitely looks like an online startup success story.

Post from: Startup Spark

http://www.bizzia.com/startupspark/mintcom-receives-14-million-in-funding/

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