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Betterment

Automated investing and high-yield cash management for retail investors.
Fintech 📍 New York, USA Founded 2008
Current Valuation
$1.1B
as of 2023-Q2
UNICORN

IPO Outlookprivate

Is Betterment going public?
No. Betterment is private and has not filed to go public. There is no S-1 on file.
What is Betterment's valuation in 2026?
Betterment is valued at $1.1B as of 2023-Q2, set by its Secondary (Apr 2023). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Betterment filed an S-1?
No public S-1 is on file for Betterment.
Who are Betterment's investors?
Betterment's investors include Kinnevik, Bessemer Venture Partners, Menlo Ventures, Anthemis Group, Francisco Partners.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Betterment is one of the original robo-advisors, offering algorithmically-managed taxable investment accounts, IRAs, 401(k)s, high-yield cash, and crypto portfolios for retail investors. AUM grew to $55B+ by February 2025 and $65B+ by November 2025 with over 1M customers. Last priced round was a $160M Series F in 2017 at ~$800M; the $1.15B figure reflects a 2023 secondary-market mark, not a primary round.

Company Profile

CEO
Sarah Levy
Founded
2008
HQ
New York, USA
Employees
~400
Total Raised
$435M
Est. Revenue
$153M (2023-Q4)
IPO Status
private

Fundraising Status

Secondary · 3y 4mo ago
privateTotal raised $435M

Secondary Market

Implied price / share
$5.88
Last round price / share
$12.56
vs last round
-53.2%
Open interest
2
Last round price vs secondary price
Last round vs current secondary price per share$12.56Last round$5.88Current
Secondary price return by period
Secondary market period returns3-month-4.4%6-month-7.0%1-year-13.3%All-time-55.9%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
SecondaryApr 2023

Talent Signal

Hiring trend
Hiring steady
23% of roles posted in last 30d
Open roles
31
via greenhouse
Product-build share
42%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 42% builders vs 58% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month31Aug '26
Open roles by function
Open roles by functionEngineering9Other7Marketing3Security3Sales & GTM2Support2Ops & People2Legal & Policy1Finance & Strategy1
product-building   go-to-market / G&A
Engineering Manager, Detect & RespondSr. Engineering Manager, Application SecuritySr. Engineering Manager, Broker DealerSr. Full Stack Software Engineer - Product EngineeringSr. IT Systems EngineerSr. Mobile Engineer
Counted from Betterment's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Jon SteinEli Broverman

Investors

Kinnevik · Bessemer Venture Partners · Menlo Ventures · Anthemis Group · Francisco Partners

Products

  • Betterment Invest
  • Betterment Cash Reserve
  • Betterment 401(k)
  • Betterment for Advisors
  • Crypto Investing

Competitors

Wealthfront · SoFi Invest · Schwab Intelligent Portfolios · Vanguard Digital Advisor · Robinhood
robo-advisorfintechinvestingwealth-managementretirement
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2023-Q2. Refreshed quarterly.