Tech Company Financing Transactions

Betterment Funding Round

On 3/29/2016, Betterment landed $100 million in financing from Kinnevik, Anthemis Group and Bessemer Venture Partners.

Transaction Overview

Company Name
Announced On
3/29/2016
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors

Kinnevik (Lead Investor)

Anthemis Group

Bessemer Venture Partners (Robert Stavis)

Francisco Partners (Peter Christodoulo)

Menlo Ventures (John Jarve)

Proceeds Purpose
Betterment says it will use the money to increase product development and expand its business.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
8 W. 24th St. 6th Floor
New York, NY 10010
USA
Email Address
Overview
Betterment is the smarter automated investing service that provides optimized investment returns for individual, IRA, Roth IRA & rollover 401(k) accounts
Profile
Betterment LinkedIn Company Profile
Social Media
Betterment Company Twitter Account
Company News
Betterment News
Facebook
Betterment on Facebook
YouTube
Betterment on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sarah Levy
  Sarah Levy LinkedIn Profile  Sarah Levy Twitter Account  Sarah Levy News  Sarah Levy on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/29/2016: Chase Pharmaceuticals venture capital transaction
Next: 3/29/2016: Umbo Computer Vision venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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