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Betterment Tops 100,000 Customers And $2.5B Under Management

By Jonathan Shieber

Automated investment service Betterment is growing at a torrid pace through the first half of 2015.

The company has managed to woo over 100,000 customers to its algorithm based investment service and has grown its assets under management to $2.5 billion.

“It took us about 4.5 years to add the first 1.2 billion, but in the last six months we’ve added another 1.3b to now manage 2.5,” says Jon Stein, Betterment’s chief executive.

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This article originally published July 30th, 2015 on TechCrunch.