Fundraising Fox
/Companies
Sign in

Betterment Holdings, Inc.

New York, US · Founded 2010 · Delaware corporation · 671 employees on LinkedIn · 22 known investors

Find your way into Betterment Holdings, Inc.

Sign up to see every warm intro you have to Betterment Holdings, Inc.

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Betterment Holdings, Inc. team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Betterment provides automated investment management and portfolio advisory services for individual investors, including retirement accounts and taxable accounts. The platform uses in-house experts to manage diversified portfolios across global markets with features like tax-loss harvesting and automatic rebalancing.

Fintech

Founders & leadership

Betterment Holdings, Inc. was founded in 2010 by Jonathan Stein and Eli Broverman.

JSJonathan Stein
Jonathan SteinFounder and Board MemberJonathan Stein founded Betterment, where he served as CEO for 13 years and grew the company to over $50 billion in assets under management and one million customers. He has 20 years of leadership experience across finance, technology, consumer and B2B sectors, ranging from startups to public companies.
EBEli Broverman
Eli BrovermanFounderExecutive Officer at Treasury
JMJohn Mileham
John MilehamCTO
JS
Jon SteinFounder

Board

PCPeter Christodoulo
Peter ChristodouloDirector2015–2021Executive Officer at Francisco Partners
RO
Ryan O'SullivanBoard director
JJJohn Jarve
John JarveBoard directorPartner Emeritus at Menlo Ventures
RSRob Stavis
Rob StavisBoard MemberPartner at Bessemer Venture Partners
CM
Christian MitchellBoard director
PR
Philiip RieseBoard director
PR
Philip RieseBoard director

Investors · 22

Bessemer Venture Partnerslisted by Bessemer Venture PartnersSan Francisco · $50K – $100M

How we know: Bessemer Venture Partners's portfolio page · a partner's Signal profile · press coverage · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

FJ Labslisted by FJ LabsNew York · $100K – $3M

How we know: fjlabs.com · Not right? Tell us

Francisco Partnerslisted by Francisco PartnersSan Francisco

How we know: Francisco Partners's portfolio page · press coverage · Not right? Tell us

Future Perfect Ventureslisted by Future Perfect VenturesNew York · $500K – $5Mvia Jalak Jobanputra · inferred

How we know: Future Perfect Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Globespan Capital Partnerslisted by Globespan Capital PartnersPalo Alto · $250K – $15M

How we know: Globespan Capital Partners's portfolio page · press coverage · Not right? Tell us

Grand Ventureslisted by Grand VenturesGrand Rapids · $250K – $2M

How we know: Grand Ventures's portfolio page · Not right? Tell us

ID8 Investmentslisted by ID8 InvestmentsNew Yorkvia Mussadiq Lakhani · inferred

How we know: press coverage · Not right? Tell us

Khosla Ventureslisted by Khosla VenturesMenlo Park · $100K – $20M

How we know: Khosla Ventures's portfolio page · Not right? Tell us

Kinneviklisted by KinnevikStockholm

How we know: Kinnevik's portfolio page · press coverage · open dataset · 5k.vc investor directory · Not right? Tell us

Menlo Ventureslisted by Menlo VenturesSan Francisco · $1M – $20Mvia John Jarve · board

How we know: Menlo Ventures's portfolio page · a partner's Signal profile · board seat on SEC Form D · press coverage · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Mobile Internet Capital, Inc.listed by Mobile Internet Capital, Inc.Tokyo · $200K – $5M

How we know: Mobile Internet Capital, Inc.'s portfolio page · Not right? Tell us

Ossian Capitallisted by Ossian CapitalMiami

How we know: Ossian Capital's portfolio page · Not right? Tell us

Red Swan Ventureslisted by Red Swan VenturesNew York · $500K – $1M
Runway Growth Capitallisted by Runway Growth CapitalMenlo Park

How we know: Runway Growth Capital's portfolio page · Not right? Tell us

Second Alpha Partnerslisted by Second Alpha PartnersNew York

How we know: Second Alpha Partners's portfolio page · Not right? Tell us

SquareOne Capitallisted by SquareOne CapitalMiami

How we know: SquareOne Capital's portfolio page · Not right? Tell us

Archer GrayreportedBoston

How we know: a partner's Signal profile · Not right? Tell us

Citi VenturesreportedNew York

How we know: press coverage · open dataset · 5k.vc investor directory · Not right? Tell us

General CatalystinferredSan Francisco · $30Mvia Chris Bischoff · board

How we know: board seat on SEC Form D · Not right? Tell us

Inertia VenturesreportedNew York · $2M

How we know: the VCSheet dataset · Not right? Tell us

TreasuryreportedNew York

How we know: press coverage · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$312M disclosed across 5 rounds · 2014–2021

▶$60MraisedOct 2021 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Donna WellsDirector
  • Peter ChristodouloDirector
  • Jonathan SteinExecutive Officer, Director
  • Rob StavisDirector
  • Peter LorimerExecutive Officer
  • Natalie TydemanDirector
  • Phillip RieseDirector
  • Shawn CarolanDirector
  • Sarah LevyExecutive Officer, Director
Offering amount
$60M
Amount sold
$60M
First sale
Sep 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$70MraisedSep 2017 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter ChristodouloDirector
  • Jonathan SteinExecutive Officer, Director
  • Eli BrovermanDirector
  • John ClendeningDirector
  • Chris BischoffDirector
  • John JarveDirector
  • Rob StavisDirector
  • Philip RieseDirector
Offering amount
$70M
Amount sold
$70M
First sale
Aug 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$92MraisedApr 2016 · 13 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Rob StavisDirector
  • John ClendeningDirector
  • Jonathan SteinExecutive Officer, Director
  • Philip RieseDirector
  • John JarveDirector
  • Chris BischoffDirector
  • Peter ChristodouloDirector
  • Eli BrovermanExecutive Officer, Director
Offering amount
$100M
Amount sold
$92M
First sale
Mar 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$60MraisedFeb 2015 · 10 investors · Other Banking and Financial Services
Rule 506(b)
Betterment Just Made It Even Easier to Invest Moneytechcrunch.com · Jul 2015
Officers, directors & promoters on the filing
  • Peter ChristodouloDirector
  • Jonathan SteinExecutive Officer, Director
  • Eli BrovermanExecutive Officer, Director
  • Ryan O'SullivanDirector
  • John JarveDirector
  • Rob StavisDirector
  • Philip RieseDirector
Offering amount
$60M
Amount sold
$60M
First sale
Feb 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30MraisedApr 2014 · 10 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • John JarveDirector
  • Eli BrovermanExecutive Officer
  • Christian MitchellDirector
  • Ryan O'SullivanDirector
  • Jonathan SteinExecutive Officer, Director
  • Rob StavisDirector
  • Philiip RieseDirector
Offering amount
$32M
Amount sold
$30M
First sale
Apr 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 8

SmartAssetFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
VanguardVanguard offers investment products, savings and retirement tools, and personalized financial advice to help individuals build long-term wealth. It operates in the investment management and financial services industry.
KiplingerKiplinger is a personal finance and investment media publisher that provides editorial content and advice on investing, taxes, retirement planning, real estate and travel for individual consumers.
SoFiSoFi Technologies is a digital personal-finance company offering student and personal loans, mortgages, investing, banking and credit cards through one app; it went public on the Nasdaq in 2021 via SPAC.
IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
ChaseA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Human InterestHuman Interest provides a software platform for 401(k) retirement savings plans, designed to help small and mid-sized businesses offer affordable retirement benefits to their employees.

Companies working in the same space as Betterment Holdings, Inc..

In the news

Investments & Fund Lineupbetterment.com · Jul 2026Investing Options with Bettermentbetterment.com · Jun 2026Betterment Raises $160 Million in Growth Capitalprnewswire.com · Sep 2021Betterment Just Made It Even Easier to Invest Moneytechcrunch.com · Jul 2015

Frequently asked questions

What does Betterment Holdings, Inc. do?
Betterment provides automated investment management and portfolio advisory services for individual investors, including retirement accounts and taxable accounts. The platform uses in-house experts to manage diversified portfolios across global markets with features like tax-loss harvesting and automatic rebalancing.
Who founded Betterment Holdings, Inc.?
Betterment Holdings, Inc. was founded by Jonathan Stein, Eli Broverman in 2010.
Who are Betterment Holdings, Inc.'s investors?
Betterment Holdings, Inc.'s investors include Anthemis Venture, Bessemer Venture Partners, FJ Labs, Francisco Partners, Future Perfect Ventures, Globespan Capital Partners, Grand Ventures, ID8 Investments and 14 more.
How much funding has Betterment Holdings, Inc. raised?
Betterment Holdings, Inc. has disclosed $312M raised across 5 rounds.
Where is Betterment Holdings, Inc. headquartered?
Betterment Holdings, Inc. is headquartered in New York, US.