aboutLife, a San Francisco, CA-based startup that provides free personal financial planning tools, raised $3m in Series A funding.
Kleiner Perkins Caufield & Byers made the investment. In conjunction with it. Randy Komisar, a General Partner at KPCB, will join aboutLife’s board of directors.
The company plans to use the funds to accelerate user growth and acquire talent to expand its suite of financial planning tools.
Led by Rajat Kongovi, Founder and CEO, aboutLife provides a free website that allows consumers to prepare for retirement and other important milestones by eliminating the guesswork from financial planning. It offers a suite of tools that allows people identify their most important financial goals and provide guidance on how they can start reaching them today. Consumers can build their plans and aboutLife’s technology then combines each goal into a personalized plan.
Tools include Budgeting, Social Security optimization, Cost of Living and Relocation, Saving for College, Working in Retirement, Estate Planning, Insurance, 401ks, etc.