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Betterment

Description

Provider of an online investment platform intended to offer financial advisory services. The company's online investment platform helps users invest their savings in a selected blend of stock and bond portfolios which are re-balanced regularly and automatically, enabling users to receive returns through a diversified portfolio.

2007

Founded

PRIVATE

Status

51-200

Employees

Series E

Latest Deal Type

$70M

Latest Deal Amount

$275M

Total Amount Raised

Description

Provider of an online investment platform intended to offer financial advisory services. The company's online investment platform helps users invest their savings in a selected blend of stock and bond portfolios which are re-balanced regularly and automatically, enabling users to receive returns through a diversified portfolio.

Website:

www.betterment.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Financial Software

Other Industries

Social/Platform Software
Other Financial Services

Primary Office

61 West 23rd Street 4th Floor New York, NY 10010United States +1 (888) 428-9482
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Betterment Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Betterment Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Betterment Investors (16)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Andrew DunnAngel (individual)Minority000 0000000 0000
Anthemis GroupVenture CapitalMinority000 0000000 0000
Bessemer Venture PartnersVenture CapitalMinority000 0000000 0000
Citi VenturesCorporate Venture CapitalMinority000 0000000 0000
Fabrice GrindaAngel (individual)Minority000 0000000 0000
Andrew Dunn Angel (individual)
Anthemis Group Venture Capital
Bessemer Venture Partners Venture Capital
Citi Ventures Corporate Venture Capital
Fabrice Grinda Angel (individual)

Betterment Executive Team (16)

NameTitleBoard
Seat
Contact
Info
Jonathan SteinFounder & Chief Executive Officer and Strategic Allocation
Dustin LucienChief Operating Officer
Edwin ChauLead Software Engineer
Alex BenkeVice President, Financial Advice and Investing
Sarah WhinnemGraphic Designer
Jonathan Stein Founder & Chief Executive Officer and Strategic Allocation
Dustin Lucien Chief Operating Officer
Edwin Chau Lead Software Engineer
Alex Benke Vice President, Financial Advice and Investing
Sarah Whinnem Graphic Designer

Betterment Board Members (5)

NameRepresentingRoleSinceContact
Info
John ClendeningSelfBoard Member000 0000
John JarveMenlo VenturesPartner Emeritus000 0000
Peter ChristodouloFrancisco PartnersDeal Partner000 0000
Robert StavisBessemer Venture PartnersPartner000 0000
Ryan O'SullivanBettermentCo-Founder & Board Member000 0000
John Clendening Board Member Self
John Jarve Partner Emeritus Menlo Ventures
Peter Christodoulo Deal Partner Francisco Partners
Robert Stavis Partner Bessemer Venture Partners
Ryan O'Sullivan Co-Founder & Board Member Betterment
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