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October 3, 2012 05:00 pm GMT
Betterment, an investment platform for your savings, has raised $10 million in financing led by Menlo Ventures with Bessemer Venture Partners and Anthemis Group also participating in the round. This brings Betterment's total funding to $13 million.Betterment, which launched at TechCrunch Disrupt in 2010, aims to disrupt the financial savings industry by letting customers invest their savings in a carefully-selected blend of stock and bond portfolios which are rebalanced regularly and automatically. The company combines the accessibility of an online savings account with the performance of an investing account.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QaubJnTpqHE/
Investment Platform For Your Savings, Betterment Raises $10M From Menlo Ventures, Bessemer
Betterment, an investment platform for your savings, has raised $10 million in financing led by Menlo Ventures with Bessemer Venture Partners and Anthemis Group also participating in the round. This brings Betterment's total funding to $13 million.Betterment, which launched at TechCrunch Disrupt in 2010, aims to disrupt the financial savings industry by letting customers invest their savings in a carefully-selected blend of stock and bond portfolios which are rebalanced regularly and automatically. The company combines the accessibility of an online savings account with the performance of an investing account.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QaubJnTpqHE/
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