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ACQUIRED COMPANY
 
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Mint  Acquired by Intuit (2009 $ 170,000,000 )

280 Hope Street
Mountain View, CA 94068
USA
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Tod Francis (Shasta Ventures Managing Director) Robert C. Kagle (Benchmark) Mark Goines (PassMark Security Former CMO) Rob Hayes (First Round Capital)
Former advisory board: Dave McClure (Founders Fund investment manager)
Company

Business description: Mint.com is the nation’s leading online personal finance service, providing over 1 million users a fresh, easy and intelligent approach to money management. And it’s free. Mint is tracking over $175 billion in transactions, $47 billion in assets and has identified $300 million in potential savings for its users. Designed to be effortless, Mint.com takes less than five minutes to set up. Users register anonymously using only a valid email address. Mint then does the rest, securely downloading transaction data from more than 7,500 bank, credit card and investment accounts on a daily basis. Users never need to import or synch their data. Mint applies patent-pending technology and proprietary algorithms to categorize transactions; provide a unified view of all account activity; alert users to low balances, bank fees, upcoming bills, and even potentially suspicious account activity; and give users personalized suggestions for significant savings opportunities. Each user can monitor their total net worth, virtually real time, at www.mint.com, from any mobile phone (by texting short code MyMint [696468]), or by using Mint.com’s iPhone application – rated #1 in the Finance category in iTunes on the day of its launch.
Capital

Rounds: 3
Recent Fundings: Aug 2009   Mar 2008
Capital raised: 31.5M
Last Round: 14.0M
Ownership: Acquired by Intuit (2009 $ 170,000,000 )
Angels/other VCs: Jeff Clavier (SofTech VC);  Ronald C. Conway (Angel Investors L.P.);  Sy Fahimi (Adteractive);  Dave McClure (Founders Fund);  Geoff Ralston (Yahoo!);  Aydin Senkut (Felicis Ventures)

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Last Mentions


Overview
Record updated: May 2010
Sector: Software
Year Founded: 2006
Headcount: 11-25 as of May 2008
Rounds: 3
Recent Fundings: Aug 2009   Mar 2008
Capital Raised: 31.5M
Last Round: 14.0M
Ownership: Acquired by Intuit (2009 $ 170,000,000 )