Fundraising Fox

Betterment Holdings, Inc.

New York, US · Delaware corporation · 12 known investors

betterment.com ↗

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.

Fintechin /betterment@betterment

Founders & leadership

PC
Peter ChristodouloDirector
JS
Jonathan SteinExecutive Officer, Director
EB
Eli BrovermanExecutive Officer, Director
RO
Ryan O'SullivanDirector
PR
Philip RieseDirector
JJ
John JarveDirector
RS
Rob StavisDirector

Investors · 12

Bessemer Venture PartnersRedwood City · $5M – $100M
Future Perfect VenturesNew York · $500K – $5Mvia Jalak Jobanputra · inferred
ID8 InvestmentsNew Yorkvia Mussadiq Lakhani · inferred
Menlo VenturesSan Francisco · $1M – $20Mvia John Jarve · board
Mobile Internet Capital, Inc.Tokyo · $1M – $85M
Ossian Capital
Red Swan VenturesNew York · $500K – $1M
Runway Growth CapitalMenlo Park · $10M – $150M
SquareOne CapitalMiami
Anthemis VenturereportedNew York · $2M – $10M
General CatalystreportedSan Francisco · $30Mvia Chris Bischoff · board
Inertia VenturesreportedNew York · $2M

Reported raises · per SEC filings

Form D private placements
▶$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)
Betterment and Robinhood clash on how to disrupt investingtechcrunch.com · May 2016Robo-Adviser Betterment Sees $700M Valuation After New Round of Fundingbloomberg.com · Mar 2016
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 ↗

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

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