When Alexa von Tobel found herself frustrated with the lack of personal finance resources and tools available to her, she took a formal leave of absence from Harvard Business School in 2008 to pursue her dream of creating a way for women to gain control of their finances.
"When I was raising money, it was the heart of the recession,” von Tobel recalls. “It took a lot of time finding people who wanted to invest...ultimately we succeeded, but it felt like a lot of failure when people said, 'Come back when you make 'XYZ' progress.'"
Ultimately, von Tobel founded LearnVest.com , a startup company that offers personal finance advice to women. In 2009, she raised $1.1 million in seed funding from angel investors. Then in July 2011, after a Series A round of $4.5 million funding, she went on to close a $19 million Series B round of funding with participation from Accel Partners — one of the venture capital firms invested in Facebook.Page 1 of 7 | Next Page