Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

Coming soon: our new one-on-one advice packages. Learn more

Now available: our new one-on-one advice packages. Learn more

<title>Dismiss</title>
RIABiz

Betterment raises $100 million a year after a $60-million round, enabling it to step up efforts to win the HNW wallet

By Lisa Shidler and Brooke Southall

Betterment Inc. just landed $100 million in funding from a Swedish investment company and four already onboard VC investors bringing the firm’s total capital up to $205 million.

The round punctuates a blazing streak of success and evolution. Since January 2015, the New York-based robo-advisor has grown from 50,000 clients and $1.1 billion of managed assets to 150,000 clients with nearly $4 billion in AUM.

Read the Original Article

This article originally published March 29th, 2016 on RIABiz

<title>Close</title>

Search our site