SmartAsset

SmartAsset

Provides financial decision-making tools and resources

About

SmartAsset provides a range of free, interactive tools and calculators that help individuals make informed financial decisions. These tools cover various topics such as home buying, refinancing, retirement planning, life insurance, taxes, investing, and personal loans. Created by personal finance experts, SmartAsset's resources ensure users receive reliable information without needing to build complex financial models themselves. Unlike many competitors, SmartAsset focuses on user-friendly tools and comprehensive guides, making personal finance accessible to everyone. The company's goal is to empower individuals to navigate financial choices confidently while generating revenue through partnerships with financial advisors and affiliate commissions from financial products.

Company Stage

Series D

Employees

201-500

Industries

Fintech, Financial Services

Total Funding

$156.1M

Headquarters

New York City, New York

Founded

2011


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Simplify's Take

What believers are saying

  • SmartAsset's tools reach 75 million people monthly, indicating strong user engagement.
  • The company recently launched SmartAsset AMP, enhancing growth for financial advisors.
  • SmartAsset's valuation exceeded $1 billion after a $110 million Series D round.

What critics are saying

  • Increased competition from fintech startups could erode SmartAsset's market share.
  • Potential inaccuracies in tools could damage SmartAsset's reputation and user trust.
  • Changes in affiliate marketing regulations may impact SmartAsset's revenue model.

What makes SmartAsset unique

  • SmartAsset offers a comprehensive suite of free, interactive financial tools and calculators.
  • The company connects users with financial advisors, earning fees for successful referrals.
  • SmartAsset's resources are created by personal finance experts, ensuring reliable information.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-11%

Benefits

Remote flexibility

Medical, dental, & vision coverage

Life/AD&D insurance

FSA

401K

Equity packages

PTO

Parental leave

EAP

Pet insurance

Home office stipend

Health & wellness stipend

Monthly food delivery stipend

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