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.
Everything you need to need to know about the largest NYC startup funding rounds of Q3 2021; broken down by industry, stage, investors, and more…
Over $4B in new capital deployed during September. Learn more about some of the ground-breaking rounds that shaped the NYC funding landscape.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 9/18/21 featuring funding details for Bidgely, Arcadia, LevaData, other rounds that you need to know about.
11 new deals representing 515M+ in new fundings for New York startups last week including several newly minted unicorns led by female founders. NYC Tech News for the week ending 9/18 featuring news for Spring Health, Grailed, Tia, and much, much more.
$320M in new funding for four companies; the latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/16/2021…
$8.8B raised by NYC startups in Q1 in the single-best quarter in NYC history. Here are some of the leading startups that are scaling fast and attracting new capital.
$560M+ invested in NYC startups in the past week; three acquisitions, consolidation in the ad tech space continues, and one IPO. NYC Tech News for the week ending 4/3 featuring news forÊHoller, Ethic, and much, much more.
The notable startup funding rounds for the week ending 4/3/21 featuring funding details for Stord, Holler, and twenty-five other rounds that you must know about.
March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/29/2021 featuring funding details for Cityblock Health, Locals, and much more.