betterment.comFinTech / Personal FinanceFounded: 2010Funding to Date: $336.99MM
Betterment is an investment, savings, and financial planning application built for the consumer. Individual investors can work with Betterment to establish custom portfolios. Betterment was founded in 2008 by Jonathan Stein, Eli Broverman JD, and Ryan O'Sullivan and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/29/2021 | Series F | $60MM | $xx.xx | $1.28B | Treasury, Kinnevik, Bessemer Venture Partners, Francisco Partners, Menlo Ventures, Anthemis Group, Globespan Capital Partners, Citi Ventures, The Private Shares Fund, Aflac Ventures, ID8 Investments | |
Price per Share
$xx.xx
Shares Outstanding
4,775,715
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Treasury, Kinnevik, Bessemer Venture Partners, Francisco Partners, Menlo Ventures, Anthemis Group, Globespan Capital Partners, Citi Ventures, The Private Shares Fund, Aflac Ventures, ID8 Investments
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07/21/2017 | Series E | $172MM | $xx.xx | $722.81MM | Kinnevik, Bessemer Venture Partners, Citi Ventures, Anthemis Group, Francisco Partners, Globespan Capital Partners, Menlo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
18,436,929
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kinnevik, Bessemer Venture Partners, Citi Ventures, Anthemis Group, Francisco Partners, Globespan Capital Partners, Menlo Ventures
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02/18/2015 | Series D | $60MM | $xx.xx | $499.87MM | Francisco Partners, Haystack Partners, Anthemis Group, Bessemer Venture Partners, FJ Labs, Menlo Ventures, Northwestern Mutual Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,844,542
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Francisco Partners, Haystack Partners, Anthemis Group, Bessemer Venture Partners, FJ Labs, Menlo Ventures, Northwestern Mutual Capital
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04/15/2014 | Series C | $32MM | $xx.xx | $151.34MM | Citi Ventures, Globespan Capital Partners, Menlo Ventures, Northwestern Mutual Capital, Anthemis Group, Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
12,206,239
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Citi Ventures, Globespan Capital Partners, Menlo Ventures, Northwestern Mutual Capital, Anthemis Group, Bessemer Venture Partners
|
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09/25/2012 | Series B | $9.99MM | $xx.xx | $32.75MM | Menlo Ventures, Anthemis Group, Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
13,680,257
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Menlo Ventures, Anthemis Group, Bessemer Venture Partners
|
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11/22/2010 | Series A | $3MM | $xx.xx | $8.57MM | Bessemer Venture Partners, Anthemis Group, Reinmkr | |
Price per Share
$xx.xx
Shares Outstanding
8,749,162
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bessemer Venture Partners, Anthemis Group, Reinmkr
|