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Wealthfront

company

About

Wealthfront is a next-gen banking service that helps manage money for both short-term and long-term wealth.

  • 101 - 250

Highlights

Total Funding Amount
$69.70M
Funding Rounds
1
Investors
1
Acquisition
1

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$69.70M
Industries
Financial Services,FinTech,Personal Finance,Stock Exchanges,Wealth Management
Founded date
Jan 1, 2008
Number Of Employee
101 - 250
Operating Status
Active

Wealthfront is a next-gen banking service that helps in managing the money for both the short term and long term wealth by providing a cash account with one of the highest APYs on the market, best in class automated investment management and free financial advice, anytime.

Wealthfront was launched by Andy Rachleff and Dan Carroll in December 2011 and currently manages over $20 billion in total client assets.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$69.70M
Wealthfront has raised a total of $69.70M in funding over 2 rounds. Their latest funding was raised on Sep 2, 2022 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 2, 2022 Convertable Note $69.70M 1 UBS — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Wealthfront is funded by 1 investors. UBS are the most recent investors.
Investor Name Lead Investor Funding Round
UBS Yes Convertable Note

Acquisition

Wealthfront has acquired 1 organizations. Their most recent acquisition was Grove on Aug 22, 2019. They acquired Grove for 0.

Date Company Name
Industry Acquisition Type Price
Aug 22, 2019 Grove
Advice acquisition — Detail
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