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 | Aflac Ventures, Anthemis Group, Bessemer Venture Partners, Citi Ventures, Francisco Partners, Globespan Capital Partners, Id8 Investments, Kinnevik, Menlo Ventures, The Private Shares Fund, Treasury | |
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
--
Key Investors
Aflac Ventures, Anthemis Group, Bessemer Venture Partners, Citi Ventures, Francisco Partners, Globespan Capital Partners, Id8 Investments, Kinnevik, Menlo Ventures, The Private Shares Fund, Treasury
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07/21/2017 | Series E | $172MM | $xx.xx | $722.81MM | Anthemis Group, Bessemer Venture Partners, Citi Ventures, Francisco Partners, Globespan Capital Partners, Kinnevik, 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
--
Key Investors
Anthemis Group, Bessemer Venture Partners, Citi Ventures, Francisco Partners, Globespan Capital Partners, Kinnevik, Menlo Ventures
|
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02/18/2015 | Series D | $60MM | $xx.xx | $499.87MM | Anthemis Group, Bessemer Venture Partners, Fj Labs, Francisco Partners, Haystack Partners, 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
--
Key Investors
Anthemis Group, Bessemer Venture Partners, Fj Labs, Francisco Partners, Haystack Partners, Menlo Ventures, Northwestern Mutual Capital
|
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04/15/2014 | Series C | $32MM | $xx.xx | $151.34MM | Anthemis Group, Bessemer Venture Partners, Citi Ventures, Globespan Capital Partners, Menlo Ventures, Northwestern Mutual Capital | |
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
--
Key Investors
Anthemis Group, Bessemer Venture Partners, Citi Ventures, Globespan Capital Partners, Menlo Ventures, Northwestern Mutual Capital
|
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09/25/2012 | Series B | $9.99MM | $xx.xx | $32.75MM | Anthemis Group, Bessemer Venture Partners, Menlo Ventures | |
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
--
Key Investors
Anthemis Group, Bessemer Venture Partners, Menlo Ventures
|
||||||
11/22/2010 | Series A | $3MM | $xx.xx | $8.57MM | Anthemis Group, Bessemer Venture Partners, 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
--
Key Investors
Anthemis Group, Bessemer Venture Partners, Reinmkr
|