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Total Raised

$435M

Investors Count

23

Deal Terms

7

Funding, Valuation & Revenue

11 Fundings

Betterment has raised $435M over 11 rounds.

Betterment's latest funding round was a Series F for $60M on September 29, 2021.

Betterment's valuation in July 2017 was $800M.

Betterment's latest post-money valuation is from September 2021.

Sign up for a free demo to see Betterment's valuations in September 2021, March 2016 and more.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

9/29/2021

Series F

$60M

$99M

0

FY undefined

22

9/29/2021

Line of Credit

$100M

$99M

0

FY undefined

28

1/1/2021

Unattributed VC

$99M

0

FY undefined

2

7/21/2017

Series E - II

$99M

$800M

0

FY undefined

10

3/29/2016

Series E

$99M

$99M

0

FY undefined

10

Date

9/29/2021

9/29/2021

1/1/2021

7/21/2017

3/29/2016

Round

Series F

Line of Credit

Unattributed VC

Series E - II

Series E

Amount

$60M

$100M

$99M

$99M

Investors

Valuation

$99M

$99M

$99M

$800M

$99M

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

Sources

22

28

2

10

10

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Betterment Deal Terms

7 Deal Terms

Betterment's deal structure is available for 7 funding rounds, including their Series F from September 29, 2021.

Round

Series F

Series E - II

Series E

Series D

Series C

Funding Date

$99M

$99M

$99M

$99M

$99M

Pre-Money Valuation

$99M

$99M

$99M

$99M

Post-Money Valuation

$99M

$99M

$99M

$99M

Amount Raised

$99M

$99M

$99M

$99M

$99M

Shares Authorized

Issuance Price

$99M

Dividend Rate

$99M

Liquidation Preferences

$99M

Liquidation Price

Participation

Conversion Price

Anti Dilution

$99M

General Voting

$99M

$99M

$99M

$99M

$99M

Board Voting

$99M

$99M

$99M

$99M

$99M

Par Value

Round

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Series F

$99M

$99M

$99M

$99M

$99M

$99M

Series E - II

$99M

$99M

$99M

$99M

$99M

$99M

Series E

$99M

$99M

$99M

$99M

$99M

$99M

Series D

$99M

$99M

$99M

$99M

$99M

$99M

Series C

$99M

$99M

$99M

$99M

$99M

$99M

$99M

$99M

Betterment Investors

23 Investors

Betterment has 23 investors. Bessemer Venture Partners invested in Betterment's Series F funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

12/2/2010

9/29/2021

7
Series A, Series B (2012), Series C (2014), Series D (2015), Series E (2016), Series E - II (2017), Series F (2021)

Venture Capital

California

10/3/2012

9/29/2021

6
Series B, Series C (2014), Series D (2015), Series E (2016), Series E - II (2017), Series F (2021)

Venture Capital

California

12/2/2010

9/29/2021

5
Series A, Series B (2012), Series C (2014), Series E (2016), Series F (2021)

Venture Capital

United Kingdom

00/00/0000

00/00/0000

Francisco Partners

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Private Equity

California

00/00/0000

00/00/0000

Kinnevik

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Holding Company

Sweden

First funding

12/2/2010

10/3/2012

12/2/2010

00/00/0000

00/00/0000

Last Funding

9/29/2021

9/29/2021

9/29/2021

00/00/0000

00/00/0000

Investor

Francisco Partners

Kinnevik

Rounds

7
Series A, Series B (2012), Series C (2014), Series D (2015), Series E (2016), Series E - II (2017), Series F (2021)
6
Series B, Series C (2014), Series D (2015), Series E (2016), Series E - II (2017), Series F (2021)
5
Series A, Series B (2012), Series C (2014), Series E (2016), Series F (2021)

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Board Seats

Type

Venture Capital

Venture Capital

Venture Capital

Private Equity

Holding Company

Location

California

California

United Kingdom

California

Sweden

Betterment Acquisitions

5 Acquisitions

Betterment acquired 5 companies. Their latest acquisition was Gradvisor - Partner and Customer Relationships on February 23, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/23/2022

$99M

Acquired Unit

1

2/23/2022

Seed / Angel

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$99M

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10

2/8/2022

Seed / Angel

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$99M

$99M

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10

3/4/2021

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$99M

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10

10/18/2013

Seed / Angel

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$99M

$99M

Subscribe to see more

10

Date

2/23/2022

2/23/2022

2/8/2022

3/4/2021

10/18/2013

Investment Stage

Seed / Angel

Seed / Angel

Seed / Angel

Companies

Subscribe to see more

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acquired Unit

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

CB Insights
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

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