United States · Series E startup
Funding summaryUpdated 26 Oct 2026
$175Mraised across 6 rounds since 2010, from 6 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Reported by FinSMEsSEC filing: $70M sold, first sale Aug 2017
From a historical funding recordSEC filing: $60M sold, first sale Feb 2015
Bessemer Venture Partners
Menlo Ventures
Anthemis
Globespan Capital Partners
Northwestern MutualFrom a historical funding recordSEC filing: $30M sold, first sale Apr 2014
Reported by techcrunch.com
Reported by techcrunch.comSEC filing: $3.0M sold, first sale Nov 2010
From a historical funding recordSEC filing: $3.0M sold, first sale Nov 2010
From Betterment's own website: 12 on the team.
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Bessemer Venture PartnersMenlo VenturesAnthemis
Francisco PartnersNorthwestern Mutual
Reinmkr Capital
Fabrice GrindaGlobespan Capital PartnersCiti Ventures
Jason FingerMissing a round, or an investor who was in one? Tell us.
These 10 firms list Betterment as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Betterment's investors include Bessemer Venture Partners, Menlo Ventures, Anthemis, Francisco Partners and Northwestern Mutual, and 9 more on record.
Betterment has raised $175M across 6 rounds since 2010. One round did not disclose an amount, so the total is a floor.
Betterment's most recent round was a Series E of $70M in Jul 2017.
Its most recent round, $70M in Jul 2017, is also its largest on record.
Betterment's first round on record, in Nov 2010, was backed by Fabrice Grinda, Red Swan Ventures and Andy Dunn.
Betterment's latest named round is a Series E, in Jul 2017.
Betterment is based in the United States.
In the same sector, and raised in the last eighteen months.
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