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ACQUIRED COMPANY
 
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mPower  Acquired by Morningstar (2003)

1355 Sansome Street
San Francisco, CA 94111
USA
(415)-875-2000
Website Company Summary Management Team
Management

President/COO/Operations: Geoffrey Fite (2002)
Finance: Kate Murphy
Not listed on the website: (May no longer be at the company) Charles Siegel*;  Howard Mendel*
Board

Company

Business description: mPower.com, Inc, a federally registered investment advisor, was the pioneer in offering online investment advice to defined-contribution plan participants, and remains a leading provider in this field. mPower has expanded its service offerings to include wealth management tools for financial institutions and advisors. In addition, mPower has expanded its presence internationally, establishing an office in the United Kingdom. mPower's flexible architecture and superior integration capabilities allow it to deliver advice consistently and efficiently through multiple distribution channels and geographies, with different levels of integration and customization.
Customers include: American ExpressWells Fargo Bank;  Blue Shield
Partners include: AetnaCredit SuisseFirst UnionGE Asset management ServicesHewitt Associates;  Arthur Andersen
Capital

Rounds: 5
Recent Fundings: Jun 2002   Jan 2001
Capital raised: 66.8M
Last Round: 7.8M
Ownership: Acquired by Morningstar (2003)
VCs include: AllegisCyberNorwest Venture PartnersCapital Z;  Insurance Venture Partners
Corporate investors: Reuters Greenhouse FundGE Capital;  Northwestern Mutual

Last Tweets


 

Last Mentions


Overview
Record updated: Dec 2003
Sector: Internet
Year Founded: 1995
Rounds: 5
Recent Fundings: Jun 2002   Jan 2001
Capital Raised: 66.8M
Last Round: 7.8M
Ownership: Acquired by Morningstar (2003)