Betterment Rockets Ahead in Robo Space, Raising $100M
By Suleman Din
Betterment may have cemented its leadership position among independent robo advice platforms with its announcement on Tuesday it has secured $100 million in its latest round of venture capital funding.
“We’ve always known that to challenge the entrenched incumbent services would require a lot of capital,” says Betterment CEO Jon Stein. “This amount gets us what we need to very much to build out our vision.