Earn Rewards: Sign up now and earn a special reward after your first deposit. See offer details

<title>Dismiss</title>

Betterment

Save, invest, retire

GET — On the App Store

View
<title>Dismiss</title>
Loading

Big News, Big Thanks

Today we're very excited to announce that we've closed a Series A round of funding, led by Bessemer Venture Partners. Bessemer is the ideal partner for us - they know our space well and take a long-term view, as do we. And they bring great ideas and insights to us every time we talk. So, we couldn't be happier.

Articles by Jon
By Jon Stein CEO & Founder, Betterment Published Dec. 02, 2010
Published Dec. 02, 2010
2 min read
Anthemis Group also joined significantly in the round and has been a great supporter of ours. They bring a sharp focus on and smart thesis around financial innovation and disruption. Many great professors and practitioners of finance and web experts also participated, and we want to thank all of our great investors for helping Betterment to realize its potential.

We’ve been in the process of fundraising for a couple months now, and we’re eager to get back to business and the next chapter in developing Betterment. So, what now? Our first order of business is to thank you, our customers, early adopters, readers, and supporters. We’re humbled by the enthusiastic response we’ve gotten from you as you’ve navigated our platform over the past 6 months. We’re also grateful for all your feedback and questions–these have been and will continue to be crucial in our efforts to make Betterment everything we know it can be.

We also have a lot of work ahead of us for 2011. Much of it will be on the technical side, so if you or anyone you know is a standout Java developer, please send them our way. We plan to add more facets to our core product, from a more versatile fee structure to retirement accounts to additional types of portfolio investments, and we’ll roll out some cool new partnerships. When we officially launched at TechCrunch Disrupt in May, we knew we were at the beginning of something big. But really, that day marked just one beginning in a series of many. Today marks another–and we’re so glad you’re here to share it with us.

Thanks, and keep in touch.

Jon & the Betterment Team.

Recommended Content

View All Resources

Checking Benefits FAQ

Open Checking and get access to benefits like cell phone insurance, along with no account fees, overdraft fees, or minimum balances.

Health Savings Accounts: The Sharpest Tax Tool In The Shed?

As an investor, you may be thinking about funding an HSA but are unsure about whether it is a useful financial planning tool. Here are six different scenarios for how an HSA can work for you.

How We Help Investors Seamlessly Transfer Accounts

Transitioning investment accounts from one provider to another can be tedious and complicated. Humans can help make it seamless and easy.

How would you like to get started?

Manage spending with Checking

Checking with a Visa® debit card for your daily spending.

Save cash and earn interest

Grow your cash savings for general use for upcoming expenses.

Invest for a long-term goal

Build wealth or plan for your next big purchase.

Invest for retirement

Set up traditional, Roth, or SEP IRAs to save for the golden years.

See details and disclosure for Betterment's articles and FAQs.