Kubera is live

Kubera, the startup helping individuals keep track of their net worth and store important documents, is live.

Kubera – a reference to the Indian “lord of wealth” – was born from a personal experience after the founder, Rohit Nadhani, had to be rescued as he was caught in a riptide while swimming in Costa Rica. The first thing Nadhani did when he got home was to put together a list of all his assets to share with his wife in the event of his death, but the task was difficult since that list included more than just real estate, stocks and bonds, retirement accounts, and insurance.

Kubera, which describes itself as a “Net Worth Tracker with modern features,” allows individuals to list different kinds of assets such as crypto investments, collectibles, precious metals, private and foreign investments, trademarks and other digital assets, as well as debts owed to them like loans made to family and friends.

The service comes in two plans. The free version requires individuals to input data manually, and the paid version, which costs $10 per month, allows individuals to connect their bank and investment accounts so data is synced automatically. Once everything is set up, Kubera’s “life beat” feature tracks if an individual has been inactive for a certain number of days specified during setup. If an individual is inactive and can’t be reached, Kubera will reach out to their beneficiary with an email with all the information the individual provided in a downloadable format.

Bottom Line: your next policyholder perk.