Betterment Raises $10M From Menlo, Bessemer, Anthemis

Betterment said it raised $10 million in a Series B financing led by Menlo Ventures and joined by existing investors Bessemer Venture Partners and Anthemis Group. Since its launch in 2010, Betterment, an online investment service, has increased customer assets under management 500% a year, according to a press release.

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