DoughMain Closes $5M Round of Funding

DoughMain, a Princeton, N.J.-based service that provides family coordination and financial education, has closed a $5m round of funding with undisclosed angel investors.

The company intends to use the  the financing to support the launch and expansion of DoughMain.com, which launches today (Monday, August 1) to  offer a suite of on- and -offline features designed to help families coordinate their lives while empowering them to become better educated about money.

Initial services include an integrated family calendar, chore tracker, allowance/rewards tool and three age-relevant gaming websites:
– TheFunVault.com (ages 4-8),
– SandDollarCity.com (ages 8 to 12), and
– IRuleMoney.com (ages 13-19).

The company is led by president and CEO Kenneth Damato.

FinSMEs

01/08/2011

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