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Betterment has raised $275 m in total funding across 6 funding rounds for a $700 m valuation.

Betterment Capital Raised

Betterment Valuation

Source: The Wall Street Journal, Bloomberg

Betterment Funding Rounds Summary

Founding Date

2008

Betterment total Funding

$275 m

Betterment latest funding size

$70 m

Time since last funding

4 years ago

Betterment investors

Menlo Ventures, Bessemer Venture Partners, Globespan Capital Partners, Red Swan Ventures, Fabrice Grinda, Thomas Lehrman, Citi Ventures, Northwestern Mutual, reinmkr capital, Andy Dunn, Francisco Partners, Anthemis Group, Kinnevik AB, Oxygen Capital Partners

Betterment's latest funding round in July 2017 was reported to be $70 m. In total, Betterment has raised $275 m. Betterment's latest valuation is reported to be $700 m.

Betterment Funding Rounds

DateAmount RaisedPost-money ValuationInvestors
Series ADec 2010$3 mBessemer Venture Partners, Red Swan Ventures, Fabrice Grinda, Thomas Lehrman, reinmkr capital, Andy Dunn, Anthemis Group, Oxygen Capital Partners
Series BOct 2012$10 mMenlo Ventures, Bessemer Venture Partners, reinmkr capital, Anthemis Group
Series CApr 2014$32 mMenlo Ventures, Bessemer Venture Partners, Globespan Capital Partners, Citi Ventures, Anthemis Group
Series DFeb 2015$60 mMenlo Ventures, Bessemer Venture Partners, Northwestern Mutual, Francisco Partners, Anthemis Group
Series EMar 2016$100 m$700 mMenlo Ventures, Bessemer Venture Partners, Globespan Capital Partners, Citi Ventures, Francisco Partners, Anthemis Group, Kinnevik AB
Series EJul 2017$70 mMenlo Ventures, Bessemer Venture Partners, Francisco Partners, Kinnevik AB

Source: The Wall Street Journal, Bloomberg

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