Web 2.0 - Wednesday, September 26, 2007
Angels Back VaultStreet Personal Financial Locker
Santa Monica, CA-based VaultStreet has raised an undisclosed amount of angel funding. The pre-launch, invite-only site allows users to manage and share their various financial documents with tax preparers, financial planners, etc.
Founded in June 2006, the startup's CMO says they were able to reach their year 1 goals of just under $1.8M in revenue. He also says that VaultStreet plans to release its first product out of beta within 90 days aimed at partnerships with financial services providers such as brokerages and banking institutions.
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