Betterment nabs $10M to give you greater control over personal investments

Betterment, a personal investment management startup, has just closed a new $10 million round of funding, the company announced today.

Betterment is a service that helps people manage their investment account by providing an easy way to put money into the stock market and government-backed treasury bonds. The service lets people work towards investment goals, contribute to loved ones goals, and educates its users to make smart financial decisions. The idea is that you use Betterment as a low-cost alternative to hiring someone to manage your money while also understanding more about how you should invest.

The startup said it plans to use the new capital to accelerate growth, improve its mobile experience, and improve the service with things like shorter-term goals.

The new funding was led... [via VentureBeat]