Geezeo Receives $1,200,000 New Round

  • Feed Type
  • Date
    4/25/2008
  • Company Name
    Geezeo
  • Mailing Address
    35 Tripp St, Studio Framingham, MA 01702
  • Company Description
    Geezeo combines free, easy-to-use online personal finance tools with the power of social networking to provide the resources and motivation consumers need to achieve their financial goals. Geezeo allows users to instantly and automatically track bank accounts and credit card balances, as well as investments, mortgages, student loans and auto loans.
  • Website
    http://www.geezeo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    TheStreet.com expects the partnership to drive traffic, revenue and user engagement, while further positioning the company as a superior destination for all things related to money. TheStreet.com’s investment in Geezeo includes an initial investment of $1.2 million for an approximate 13% interest in Geezeo and the option to purchase the company based on an equity value of $12 million at any point over the next year.
  • M&A Terms
  • Venture Investor
    TheStreet.com

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