Betterment
PrivateLast Round
Debt
Sep 29, 2021
Est. Valuation
$1.3B
Total Funding Raised
$435M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Betterment is a financial services company that provides digital investment advisory services, including cash management, guided investing, and retirement planning through personalized, goal-based strategies.
Sector
FinTech
Verticals
Wealth Management, Personal Finance, Investment Platforms, Digital Banking
Business Model
B2C
Customer Profile
Revenue Share, Subscription SaaS, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Betterment Comparables
Compare Betterment with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Wealthfront | 87% | |
| M1 | 81% | |
| Acorns | 78% |
Betterment Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Sep 29, 2021 | ||||
| Series F | Sep 29, 2021 | ||||
| Series E Extension | Jul 21, 2017 | ||||
| Series E | Mar 29, 2016 | ||||
| Series D | Feb 19, 2015 | ||||
Series C | Apr 15, 2014 |
Key People
Founding team and executive leadership
Betterment Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Red Swan Ventures | Series A |
| Runway Growth Capital | Debt |
| ORIX Growth Capital | Debt |
| Citi Ventures | Series E, Series F, Series C |
| ORIX USA | Debt |
| Aflac Ventures | Series F |
| Northwestern Mutual Capital | Series C, Series D |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 10, 2026
Reached over $70 billion in assets for more than 1 million clients.
- May 10, 2026
Serves more than 1 million clients.
Recent news
Latest coverage and updates
- launchesSep 25, 2026
Betterment LLC launched Model Context Protocol platform releases on Jul 1st '26.
- launchesSep 24, 2026
Betterment LLC launched AI-powered document reader within Advisor Solutions platform on Sep 24th '26.
- has_issues_withAug 24, 2026
Betterment LLC had issues with class action lawsuit on Aug 24th '26.
Betterment Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Betterment's valuation, stock price, and market status.
Is Betterment a public or private company?
Betterment is a private company.
What is the current stock price of Betterment?
Betterment is a private company with no public stock price. Caplight tracks Betterment's secondary market activity and provides MarketPrice™ estimates to Caplight users.
How much is Betterment worth (valuation)?
Betterment's valuation is estimated at $1.3B based on funding round data.
Can I buy Betterment stock?
Betterment shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Betterment's last funding round?
Betterment's most recent funding round was Series F on September 29, 2021.
Who are the main investors in Betterment?
Key investors in Betterment include Citi Ventures, ORIX USA, Bessemer Venture Partners, Menlo Ventures, Globespan Capital Partners.
Will Betterment IPO soon?
No public IPO plans have been announced for Betterment.
How can I track Betterment secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Betterment's secondary market activity and sign up for updates.