inDinero, like a Mint for Quickbooks, finalized their highly sought after $1.2 million seed round this week. Shunning institutional financing, the small business banking startup was funded by a syndicate of twenty angel investors, including Intuit’s David Wu, Slide’s Keith Rabois, Yelp’s Jeremy Stoppelman, Microsoft’s Fritz Lanman, 500Startups’ Dave McClure, YouTube’s Christina Brodbeck, Stanford’s Steve Blank, YouTube’s Jawed Karim and more!
inDinero founders Andy Su and Jessica Mah initially set out to raise $500K but reportedly received so much interest that the round could have topped out at $2 million. Su and Mah had to eventually turn people away. A illustrated list of those that made the cut below.
Side note: Reinforcing inDinero’s“inDinero Is The Next Intuit” elevator pitch, investor David Wu, who was formerly VP of the Small Business Group at Intuit, wrote inDinero a check the very day he quit.