Launched in May 2010, Betterment has evolved to include Traditional and Roth IRAs, unique advantages like auto-deposit, auto-rebalancing, goal-based investing, and the recently introduced Betterment Gifts, a next generation gift registry that enables people to contribute towards the biggest dreams of their friends and family. The typical complexities and time-consuming tasks of a well-managed investment account are automated with Betterment's sophisticated platform, freeing up time for other important things in life.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/03/12 | $10,000,000 | Series B |
Anthemis Group Menlo Ventures | undisclosed |
04/15/14 | $32,000,000 | Series C |
Anthemis Group Citi Ventures Globespan Capital Partners Menlo Ventures Northwestern Mutual Capital | undisclosed |
02/20/15 | $60,000,000 | Growth |
Francisco Partners Menlo Ventures Northwestern Mutual Capital | undisclosed |
03/29/16 | $100,000,000 | Series E |
Anthemis Group Francisco Partners Kinnevik Menlo Ventures | $700,000,000 |
07/21/17 | $70,000,000 | Series E Extension |
Francisco Partners Kinnevik Menlo Ventures | undisclosed |
10/01/21 | $60,000,000 | Series F |
Aflac Ventures Anthemis Group Citi Ventures Francisco Partners Globespan Capital Partners ID8 Investments Kinnevik Menlo Ventures The Private Shares Fund Treasury | undisclosed |