Blooom is one of the nation's fastest growing robo-advisors with a specific focus on helping any American with a workplace retirement account like a 401k or 403b. Blooom is a Registered Investment Advisor with the SEC, and aims to scale fiduciary best practices on low fees, and appropriate asset allocation and diversification, to millions of Americans who have workplace retirement accounts, yet no access to a financial advisor. The company's first-of-its kind use of the simple image of a flower to explain financial success, and a Netflix-like monthly subscription fee, are new and refreshing in an industry known for complicated charts and graphs, financial jargon, and opaque fees.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/07/17 | $9,150,000 | Series B |
Allianz Life Ventures Commerce Ventures Industry Ventures KCRise Fund Nationwide Ventures QED Investors TTV Capital UMB Bank | undisclosed |