![]() We continue to grow our active user base at a rate of close to 30 percent month-over-month. 'Our dramatic growth proves that better financial advice, and specifically a solution like SmartAsset, is urgently needed. SmartAsset was designed to eliminate that stress through a highly personalized automated decision-making tool,' said Michael Carvin, CEO and founder at SmartAsset. ![]() 'Approximately 70 percent of people report financial decisions as a source of stress. By year's end, SmartAsset plans to grow the New York-based team by close to a dozen new employees and will be releasing key product components to provide consumers with even more insight into their financial decisions. With its new funding, SmartAsset plans to expand its team and product capabilities to give users more control of their financial decisions and futures. We're very excited to support their work,' said Jed Katz of Javelin Venture Partners, who also serves on the Board of SmartAsset. 'The accuracy and user experience of SmartAsset's tools go way beyond existing resources for financial advice, and their user engagement only confirms the demand for better financial guidance. SmartAsset will leverage this investment to further expand and improve its solution, grow its team and increase current marketing efforts. It is the first personal finance solution that applies powerful financial modeling technology to bring complete transparency to major financial decisions. Launched in 2012, consumers have flocked to SmartAsset's home buying, refinancing, student loan, insurance, retirement and credit card solutions at an extraordinary pace. Additional participants in this round of funding include Denis Grosz, SV Angel and Brendan Wallace, founder of Identified. SmartAsset, a technology platform that provides instant, personalized answers to complex financial questions, today announced that the company has closed $5.2 million in a Series A financing round led by Javelin Venture Partners.
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