Wesabe Raises $4 Million for Personal Finance 2.0

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Wesabe Raises $4 Million for Personal Finance 2.0
June 21, 2007

Wesabe received $4 Million in series A funding from Union Square Ventures and O’Reilly AlphaTech Ventures.

What does Wesabe do?

Wesabe is an online web based personal financial tool and it learns from the collective members.

VCU says:

Not only is Wesabe a personal financial tool, but Wesabe is a community of people sharing experiences with their money. A community approach to financial knowledge sharing and learning is great, and they surpase forums or other forms of financial information sharing.

Wesabe aggregates and analyzes the Wesabe members personal financial data, and recommends how to get the most from your money. These tips and recommendations come from the aggregate information of all Wesabe members.

It is important to note that they do not share your account data with anyone. They look for patterns in the members spending to inform the Wesabe community about good or bad values. Everyone may learn from the collective knowledge of the group.

Accounts are free, making one takes 30 seconds and immediately upon registering you receive tips from your zip code, if you enter your zip code as you are not obligated to. You may then import financial accounts quickly and easily.

Take a look at Wesabe.


Read more about Jason Knight here.

Read more about Marc Hedlund here.


Read more about Union Square Ventures here.

Read more about O’Reilly AlphaTech Ventures here.


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