Betterment is now worth $800 million
Roboadvising is a multi-million dollar business.
Betterment, the largest independent roboadvisor on the market, is now valued at $800 million after raising another $70 million in funding. The nearly decade-old roboadvisor brought on the $70 million as an extension of a Series E funding round from March 2016 led by the Swedish investment company Kinnevik.
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“We’ve always prioritized what would have the biggest impact for our customers. Since the beginning, that’s meant focusing on delivering the best possible after-tax returns and empowering customers to do what’s best with their