DailyWorth raises $2 million, led by Robin Hood Ventures

Tom Paine

Mount Airy resident Amanda Steinberg's personal finance site for women, DailyWorth, just raised $2 million. Amanda tells me by email that despite some press reports, Philly angel investor consortium Robin Hood Ventures actually led the round. Other investors include Joanne Wilson, Stocktwits founder Howard Lindzon, 500 Startups' Dave McClure, TechStar's Dave Cohen and Eric Schmidt of TomorrowVentures. The daily email newsletter, which was originally modeled on Comcast/NBCU's DailyCandy, says it has over 200,000 subscribers nationwide.

In early 2012, DailyWorth will launch two new editions: MoreWorth for the affluent woman and CreateWorth for female entrepreneurs. Former New York Times columnist and award-winning journalist MP Dunleavey heads up DailyWorth’s editorial team.

Last year, DailyWorth raised an $850,000 seed round led by Robin Hood Ventures, and its total funding to date is
just over $3 million. Though Steinberg continues to reside in Philly, DailyWorth has its headquarters in the Union Square neighborhood of New York.

Though no financial data on DailyWorth is available, last month Joanne Wilson said of Steinberg in an interview with O'Reilly Radar ,"She has created tremendous traction and sells advertising at lightning speed, to the point that we don't have any inventory. She's done an amazing job. If she pivoted in one direction, she could be a huge, huge business".



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