MyMint.com acquires Mint.com; Raises $5 million
By Vivek | May 23rd, 2007 at 10:28 pm ET
Mountain View, CA based startup MyMint/Mint.com has raised $5 million in it’s Series A round of funding. There is no official confirmation of this investment, but this is the news that the finance blog netbanker is giving out to the world. But today’s announcement of acquisition of Mint.com domain does show that the startup has strong financial backing. Any such transaction would have costed the startup anywhere between $50K to $200K.
Mint.com had supposedly raised $750K in funding last year from First Round Capital, Felicis Ventures and Ron Conway. ex-Google sales manager Aydin Senkut, and executives from eBay, Intuit, Yahoo, Charles Schwab, Wilson Sonsini, Reuters, Adteractive and Weblogic/BEA have also invested in Mint.com.
As for the actual product, Mint.com is working on personal finance web-app that would let you manage your money online and would come with alerts and stuff. Will write more once the startup launches.
Links:
Mint.com
on May 23rd, 2007 at 11:09 pm
Makes me wonder if they’ll be involving themselves in legal matters with haveamint.com soon…
on May 24th, 2007 at 10:31 am
Thanks for the mention about Mint!
Jimmy,
We emailed Shaun to let him know about our name and he was cool with it.
on May 24th, 2007 at 8:15 pm
I meant you guys suing him… lol
Either way, that’s cool of you guys.