Betterment Lands $10,000,000 Series B Funding Round

  • Feed Type
  • Date
    10/3/2012
  • Company Name
    Betterment
  • Mailing Address
    247 Centre St. Fifth Floor New York, NY 10013
  • Company Description
    The company operates a website and service that enables users to make better investments.
  • Website
    http://www.Betterment.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Anthemis Group

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