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Planwise Raises $750,000, Nearly Doubling Total Capital


Personal finance management specialist Planwise has raised $750,000 in new seed funding. The round was led by Homeloans Ltd., an Australia-based, listed lender, and featured participation by angel investors from Silicon Valley and Australia,

The investment brings the company’s total funding to $1.6 million.

Planwise provides consumers with a variety of tools to help with major financial milestones, from buying a car and managing personal loans to picking the right mortgage. The funding coincides with the launch of PlanwiseConnect, a home-buying/affordability browser plug-in that integrates with every property website in the United States, according to Planwise founder and CEO Vincent Turner.

PlanwiseConnect is being marketed directly to consumers. But lenders can license the technology and provide it to their potential mortgage customers, making sure to remain a part of the home search process.

Planwise was founded in 2011 and is headquartered in San Francisco, California. Planwise demoed its technology as part of FinovateFall 2011 in New York.