What Slowdown? Betterment Raises $100 Million At $700 Million Valuation
By Matthew Zeitlin
Startup financial advisor Betterment has raised $100 million in new funding at a valuation of $700 million, the company announced Tuesday morning.
Despite major drops in the market in the past six months and higher-than-normal volatility, Betterment is set to have its best month ever in March, co-founder and chief executive officer Jon Stein told BuzzFeed News.
“January was our best month ever, we grew customers faster, we also grew assets faster than ever before,” he said. “In March, it’s going to be our best month ever, we just keep growing faster.”