Tech Company Financing Transactions

Betterment Funding Round

On 10/3/2012, Betterment raised $10 million in Series B funding from Menlo Ventures, Anthemis Group and Bessemer Venture Partners.

Transaction Overview

Company Name
Announced On
10/3/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Menlo Ventures (Lead Investor) (John Jarve)

Anthemis Group

Bessemer Venture Partners (Robert Stavis)

Proceeds Purpose
The funding allows us to accelerate growth and make our product better in all of the areas our customers have been requesting. We will soon offer an improved mobile experience, better options for shorter term goals, a more holistic approach to money management, and new behavior-based ways to encourage people to make the most of their money and lives.

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: 10/3/2012: Givit venture capital transaction
Next: 10/3/2012: Mainstay Medical venture capital transaction

 

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