Tagged: kinnevik

Marketing Tech Company Bread Secures $60 Million Through Latest Equity Financing Round Led By Kinnevik

Bread

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

Fintech Startup Pleo Secures $16 Million Through Series A Investment Round to Bring Company Payment Card Services to Europe

Pleo, a Denmark-based fintech startup, announced on Wednesday it secured $16 million through its Series A investment round led by Kinnevik to expand its company card services in Europe. Founded in 2015, Pleo offers smart payment cards for employees, which enables them to buy the things… Read More

Betterment Raises $70 Million in Funding

According to a regulatory filing with the Securities and Exchange Commission (SEC), leading Robo-advisor Betterment has raised $69,999,997 in equity. The first sale was said to take place on August 23, 2017. It appears this is part of a Series E funding round that was… Read More

Online Financial Advisor Betterment Announces $70 Million Round of Funding

Independent online financial advisor, Betterment, announced on Friday a $70 million round of funding, which is described as an extension of the company’s Series E from last year. According to Betterment,  Swedish investment company Kinnevik led the round, extending its financing from last year. Previous investors Bessemer Venture Partners, Menlo… Read More

Robo-Adviser Betterment Raises $100M During Series E Funding Round & Valuation Grows to $700M

On Tuesday, robo-adviser firm Betterment announced it has received a total of $100 million from venture capital investors during a series E funding round. The company also confirmed that its valuation has raised from $450 million to $700 million. Swedish investment firm, Kinnevik, led the funding round. Previous… Read More

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