Term Sheet — Tuesday, March 29

By Dan Primack

Betterment, a New York-based “robo-advisor,” has raised $100 million in Series E funding at a $600 million pre-money valuation. Kinnevik led the round, and was joined by return backers Bessemer Venture Partners, Anthemis Group, Menlo Ventures and Francisco Partners.

Read the Original Article

This article originally published March 29th, 2016 on Fortune.