New investments raise Betterment’s valuation to $ 800 million

Investment increases Betterment’s total capital to $ 275 million

Robo-advisor Betterment is now much closer to achieving unicorn status – thanks to a $ 70 million investment from Kinnevik of Sweden. The investment brings Betterment’s total capital to $ 275 million and gives the robo-advisor an estimated valuation of $ 800 million Finovate ((Banking technology “Sister company).

Praise for the “strong partnership” between his company and Kinnevik, …

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