Thursday, December 2, 2010

Bessemer Backs Better-Savings Startup Betterment With $3 Million

Betterment, a financial savings startup which launched last May at TechCrunch Disrupt, raised $ 3 million in a series A financing led by Bessemer Venture Partners. The Anthemis Group, Thomas Lehrman, and other angel investors also participated.
Betterment aims to disrupt the financial savings industry by letting customers invest their savings in a carefully-selected blend of stock and bond portfolios which are rebalanced regularly and automatically. The New York City startup is a

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