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DoughMain, launch, which brings together family coordination and financial education in simple, real and gamified platform, has announced that it raised $ 5 million seed funding for a number of private Angel investors. Round of funding is used to support the production and release of DoughMain.com, as well as contribute to the development of DoughMain in mobile applications.
But what exactly is DoughMain all about? DoughMain President and Chief Executive Officer Kenneth Damato said that run goal is simple: she wants to give families across the country, a simple solution that allows them to coordinate the activities of households and, in doing so, expose their children to important financial management skills.
DoughMain assaults the household, offering users an integrated family services as a chore calendar Tracker and benefits (or compensation) instrument, as well as three initial age relevant gaming sites to make American families operate like clockwork and give children a fun and useful tool to help them learn (in a sense, age-appropriate) retain, use and dispose of the money.
Launch of the so-called "family coordination platform allows parents to customize DoughMain platform so that it acts as a secure, personalized micro network for his family. Within this network, family members can view each of their own responsibility, that efforts should continue to be provided, for example, as well as the whole family. (Presumably so that they can error their younger brothers and sisters until they fulfil their responsibilities and learn how to balance their checkbooks.)
Parents can control the amount of information you can gain access to their children, whether it is possible to create calendar entries or to show that a particular chore was completed. Because the platform are updated in real time, parents can reward them obedient children to achieve them, with "DoughPoints", run the virtual currency, or by enhancing their benefits through a rigid, the American currency. specify that the chore is complete. Because the information is updated in real time, parents may
At the top of their family coordination platform for startup offers options for financial education, which is neatly integrated with worries and financial experience that their children to navigate within the interaction with the platform. Platform offers developed teacher content through secure gaming platforms like TheFunVault.com, a Flash game that teaches basic money management lessons for children aged 5-9, or SandDollarCity.com, a multiplayer virtual world where children aged 8-12 to manage the family candy stops, or, finally, the IRuleMoney.com, a site that as the financial content and contests for teens.
It is planned that the mobile version of DoughMain will be released in September that would allow families to stay in touch and coordinate on-the-go. For more check DoughMain homes here.
DoughMain, Princeton, NJ-family service provides coordination and financial education.
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