Mint Founder Aaron Patzer Invests In Topicmarks

Mint.com founder Aaron Patzer has invested in Topicmarks. Topicmarks is a startup company that uses semantic text technology to extract important information from any document. Topicmarks is looking to raise $700,000 in seed funding and Patzer led the round.

“These guys have tech developed over the last three years, a team of strong engineers, deals in place with Evernote and ShareVault already,” stated Patzer in an interview with AngelList. “Also, I’ve done a dive into the algorithms behind the system, which are impressive and being patented.” Patzer sold Mint.com to Intuit for $170 million last year.

Patzer also has investments in Milo.com and HealthTap. TopicMarks scans documents and creates a CliffNotes-like version of it with a summary and key points. Check out a video demo below:

6th Founder Showcase: Winner – Topicmarks from Founder Institute on Vimeo.

[Mashable]

Related posts:

1. Mint: Productive Money Management Web 2.0 Application Walks Away With TechCrunch40 Grand Prize
2. Mint Raises $12.1 Million 3rd Round Of Funding; Plans To Improve Savings Engine & Expand Internationally
3. Mint.com Adds Cash Transactions To Total Spending
4. Intuit Planning To Acquire Mint.com For $170 Million
5. Mint.com Raises $14 Million Series C