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Clarity Money

Clarity Money

Clarity Money is a company that empowers and helps people to save money with transformative financial organization, transparency and advocacy.

Clarity Money is a company that empowers and helps people to save money with transformative financial organization, transparency and advocacy. Clarity Money offers a budgeting application that has been created by venture capitalist and entrepreneur Adam Dell in 2016, and the aplication was acquired by Goldman Sachs in 2018. It became a part of the banking giant’s Marcus, which is Goldman Sachs line of financial products.

Clarity Money offers an AI-powered tool that brings finances together in a single place. Users can link their bank accounts to its application, and it automatically categorizes users' expenses to give them a clear view of how they are spending their money.

The application allows users to see a sum of how much they spent over the last few days and a list of their transactions. Another tile drills down on how much they have spent at particular merchants over a self-selected window of time, giving them an eye-opening look at how their trips to Starbucks add up.

Timeline

March 23, 2017
Clarity Money raises a $11,000,000 series B round from RRE Ventures.
March 2017
Clarity Money raises a $11,000,000 series B round from Citi Ventures and RRE Ventures.
2016
Clarity Money was founded.

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News

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Rachel Green
February 2, 2021
Business Insider
Goldman Sachs will close its Clarity Money personal finance management app to instead concentrate on building up Marcus Insights.
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