[ Betterment raises $70M in Series E ]
Betterment has raised $70 million in Series E funding.
Founded in 2008, Betterment provides a cloud-based automated investing platform for investors to invest in index funds.
The new financing will enable Betterment to continue to aggressively grow its business and increase product development.
|City||New York, NY|
|Founder / CEO||Jon Stein|
|Bessemer Venture Partners|
|Previous Investors||same as above|
|Globespan Capital Partners|
|Northwestern Mutual Life|
|Red Swan Ventures|