Betterment, a digital investment startup based in New York, has raised $100 million in a Series E round venture funding led by Kinnevik, a Swedish investment firm. The firm previously raised $105 million in funding; existing investors Bessemer Venture Partners, Anthemis Group, Menlo Ventures, and Francisco Partners participated. Including the funding, the deal values Betterment at $700 million, up
An infographic showing the top 10 places to launch your startup holds a few surprises. Richard Madison of The Brighton School of Business and Management used various criteria for the infographic, which first highlights best startup countries, and then drills down to their most outstanding cities. It was recently published by Seedstars World, a Swiss-based company holding competitions in emerging m
Sequoia Capital, the early backer of companies like Google and Amazon, said Wednesday that it is putting $35 million into a upstart health insurance company, Clover Health. Clover is trying to use data analysis and preventative care to improve healthcare for seniors and to give customers who use private versions of Medicare a cheaper option. The company’s technology is supposed to recognize when p
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