SmartAsset was founded in 2012 by Michael Carvin and Philip Camilleri. The company has not publicly endorsed plans to participate in an IPO.
SmartAsset offers a platform where consumers can connect with financial advisors. The company has received numerous awards, including a 2022 spot on Y Combinator's list of all-time Top 100 Companies. In 2021, Carvin received the Ernst & Young LLP Entrepreneur Of The Year® New York Award. SmartAsset has raised more than $160 million in venture capital funding from investors including TTV Capital, Javelin Venture Partners, Contour Venture Partners, Citi Ventures, New York Life Ventures, North Bridge Venture Partners, and CMFG Ventures. Following a $110 million fundraise in June 2021, SmartAsset's valuation surpassed $1 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.