Betterment Secures $100,000,000 New Financing

  • Feed Type
  • Date
    3/29/2016
  • Company Name
    Betterment
  • Mailing Address
    61 West 23rd Street New York, NY 10010 USA
  • Company Description
    Betterment is the smarter automated investing service that provides optimized investment returns for individual, IRA, Roth IRA & rollover 401(k) accounts
  • Website
    http://www.betterment.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $100,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Betterment says it will use the money to increase product development and expand its business.
  • M&A Terms
  • Venture Investor
    Kinnevik
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Francisco Partners
  • Venture Investor
    Anthemis Group