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

Get your entire Smart Saver balance managed free for 3 months. Enroll today

Get your entire Smart Saver balance managed free for 6 months. Enroll today

Introducing Smart Saver: You could earn 1.83% with our low-risk investing account for your extra cash.* Learn more

Financial Planning

Betterment’s Boost: $60 Million in New Funding

By Charles Paikert

One of the biggest players in the robo advisor space is adding $60 million to its war chest.

Betterment has announced a new round of private equity funding led by Francisco Partners, whose Peter Christodoulo will join Betterment’s board of directors. Private equity firms Bessemer Venture Partners, Menlo Ventures and Northwestern Mutual Capital, all of which have invested in previous funding rounds, also participated in the latest financing round.

Read the Original Article

This article originally published February 19th, 2015 on Financial Planning

Search our site