Robo-advisory investment firms nearly control just shy of a $500B as of 2020. With millennials and Gen Z building significant investable assets, the assets under management are expected to triple by 2025. Betterment is a digital investment adviser that offers its advisory and management services catered towards three segments – retail investors, businesses through 401Ks, and financial advisors. Using algorithms that match appropriate investments to a customer’s short-term and long-term financial needs, the platform is able to offer tax-advantaged investment management for a fraction of the fees charged by traditional investment advisors. The company, founded in 2008, now has $32B AUM across 700,000 clients. AlleyWatch caught up with Betterment CEO Sarah Levy to learn more about the company’s growth, expansion plans, latest round of funding from investors that include Treasury, Kinnevik, Bessemer Venture Partners, Francisco Partners, Menlo Ventures, Anthemis Group, Globespan Capital Partners, Citi Ventures, and The Private Shares Fund, Aflac Ventures, and ID8 Investments.
9 new deal totaling $360M+ in a BUSY day for NYC startup funding. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/29/2021 featuring funding details for Andela, Betterment, and much more.
As AlleyWatch opens up nominations for the 2019 NYC Fintech Influencers feature, we take a look at the 14 largest FinTech startup funding rounds in NYC history using some data from our friends at Crunchbase. In addition to dollar amount of the round, I have included industry focal point, round type, date of funding, year of founding, […]
Today, I take a look at the 20 companies that have raised the largest startup funding rounds in New York City in 2017 using some data from our friends at Crunchbase. In addition to dollar amount, I have included industry, round, date of funding, total equity funding raised, founding year, and a brief description. Lastly, in order […]
Since the settlement of New York in the 17th century, the city’s economy has been rooted in commerce. In fact, the thriving beaver population in the region and the immense demand for beaver pelts in Europe led to the creation of the trading colonies in the New World. Over the last 400+ years, trade has […]
Armed with some data from our friends at CrunchBase, I broke down the 20 NYC startup largest rounds during the third quarter of 2017. I have included some additional information as well such as industry, date of funding, and investors in the round, to further the analysis. For the purposes of this analysis to maintain a focus on tech-enabled […]
Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in the US during the month of July. I have included some additional information such as industry, round type, location of the startup, investors in the round, and date of funding to further the analysis. To maintain a focus on tech-enabled startups, real […]
Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in New York during the month of July. I have included some additional information such as industry, round type, investors in the round, and date of funding to further the analysis for the state of venture capital in NYC. As expected, July […]
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events. Have notable company news that you […]
Here are the latest venture capital, seed, and angel deals for NYC startups for 7/21/17. This page will be updated to reflect any new fundings for the day.