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Betterment is a leading independent digital financial advisor, often referred to as a robo-advisor, that provides automated investment, retirement, and savings services. The company aims to make sophisticated financial planning accessible to everyone by leveraging technology to automate portfolio management, tax-loss harvesting, and asset allocation. By removing the traditional barriers to entry for wealth management, Betterment has become a significant player in the fintech space, catering to both individual retail investors and small businesses through its 401(k) offerings.
Betterment's mission is to empower people to make the most of their money, providing the tools and guidance necessary to reach their financial goals with confidence.
Founded
2008
Headquarters
New York, NY
Employees
500-1000
Industry
Fintech
Strong focus on employee professional development and mentorship
Mission-driven culture focused on democratizing financial advice
Fast-paced environment can lead to high pressure during product launches
Regulatory constraints in the fintech industry can slow down development cycles
Revenue
Unknown
Funding
Series F
CEO
Sarah Levy