Betterment was founded in 2008 by Ryan O'Sullivan. CEO Sarah Levy told Business Insider that the company is on a path towards IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Betterment is a financial advisement firm that offers services to both individual investors and professional advisors. Since 2013, the company has acquired ImpulseSave, Wealthsimple, Makara, and Gradvisor. A 2021 company press release states that "Betterment is the largest independent digital investment advisor with $32 billion in assets under management and nearly 700,000 clients." The company has received over $400 million in venture capital funding from investors including Investment AB Kinnevik, Bessemer Venture Partners, Francisco Partners, and Menlo Ventures. The company reported a recent valuation of nearly $1.3 billion.
Betterment does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Betterment will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 9/29/2021 | Series F | $1.28B | $XXX.XX | $XXX.XX |
| 7/21/2017 | Series E | $722.81MM | $XXX.XX | $XXX.XX |
| 2/18/2015 | Series D | $499.87MM | $XXX.XX | $XXX.XX |
| 4/15/2014 | Series C | $151.34MM | $XXX.XX | $XXX.XX |
| 9/25/2012 | Series B | $32.75MM | $XXX.XX | $XXX.XX |
| 11/22/2010 | Series A | $8.57MM | $XXX.XX | $XXX.XX |
Betterment is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Betterment pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Betterment is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
