Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

Betterment
247 Centre St., 5th Floor
New York, NY 10013
Phone: 888-428-9482
https://www.betterment.com/

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.

Key Contact
Name
Jon Stein
Title
CEO
Funding Events

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