Y Combinator Company Secures $28 Million in Series C Funding

Online financial technology company SmartAsset raised $28 million in Series C funding from Focus Financial Partners (which is backed by Stone Point Capital and KKR), Javelin Venture Partners, TTV Capital, IA Capital, and Citi Ventures, among others. This increases the total funding in the company to more than $51 million.

The six-year-old Y Combinator company strives to provide personal finance information and tools to 45 million people each month. Featuring proprietary automated financial modeling software, SmartAsset’s tools, calculators, data-driven studies, and educational content are designed to provide personal finance resources directly to consumers.

SmartAsset plans to use the funding to further grow its audience, as well as expand its fast growing SmartAdvisor platform, which matches consumers to financial advisors.