CHICAGO, IL, YCharts, an emerging leader in stock research, tools and analysis, announced today that it has secured $3.25 million in Series B financing. Morningstar, Inc., a leading provider of independent investment research, led the financing with a $2.45 million investment, along with additional participation from existing investors including the Hyde Park Angels, I2A, and several prominent angel investment firms. Including the Series A financing which closed in the first quarter of 2010, the total investment in the company is now $4.75 million.

YCharts will use the new funding to continue to build out its team, scale infrastructure, increase marketing efforts and expand the scope of its financial research and analytics.

"Our goal is to provide the best equity research information possible, which will ultimately lead to better investment results for our users," said Shawn Carpenter, YCharts chairman and CEO. "Adding Morningstar as an investor will improve our ability to provide professional level research and scale."

Joe Mansueto, chairman and CEO of Morningstar, said, "YCharts has developed a compelling way to visually display fundamental equity data that helps investors better understand the financial underpinnings of companies in their portfolios. Its investor centric approach aligns well with Morningstar's mission, and our investment in this fast growing company is a natural fit for us."

Jeremy Diamond, head of global business development for Morningstar's equity data division, will be joining the YCharts board as Morningstar's representative.

Brian Hand, former vice chairman of institutional investment research firm First Analysis and board member described YCharts as "one of the most promising businesses in the financial tech space with a top-notch management team. With their individual backgrounds, and an impressive dedication to providing the highest quality data, I'm confident that they will continue to innovate and expand their thriving business."

"Financial markets are complex and rapidly changing which poses unique data, visualization and processing challenges. We are developing solutions at scale that drive better investment decisions," said Ara Anjargolian, CTO of YCharts.

YCharts currently offers three products; YCharts.com, YCharts Pro and its chart creator tool for third-party sites, journalists and bloggers. The service has grown from 30,000 users to more than 400,000 users in slightly more than a year. Co-founded in 2008 by Shawn Carpenter and Ara Anjargolian, YCharts seeks to provide investors with comprehensive, objective information on the companies behind the stocks, allowing them to make the most accurate decision for their portfolios. Users can easily view and present data with clear, interactive financial charts as well as compare it with thousands of available economic indicators. For a monthly fee, Pro users gain access to YCharts' quantitative analysis strategies that objectively rate the stocks covered.

About YCharts
YCharts was founded in Chicago in 2008 by executives with experience at top companies including Google, The Wall Street Journal and Bear Stearns. YCharts' powerful company and market research tool combines advanced data analysis, proprietary algorithms and intuitive visualizations to help investors analyze companies and make better investment decisions. Providing access to as many as 75 different metrics, including revenue growth, market cap, dividend yield and total returns for more than 5,000 stocks and more than 3,000 economic indicators, the free service draws 400,000 users monthly and is growing rapidly. YCharts partners include BusinessInsider, Forbes, StockTwits, Zacks, MotleyFool and Morningstar. For more information visit ycharts.com.