Ellevest, a New York-based financial company focused on women, raised $53M in Series B funding.
The round was led by BMO Family Office and Contour Venture Partners with participation from Halogen Ventures, Cleo Capital, Stardust Equity, The Venture Collective, and Envestnet, as well as Melinda French Gates’ Pivotal Ventures, Astia Venture Fund, Khosla, Morningstar, AME Cloud Ventures, Salesforce Ventures, PayPal Ventures, and Allianz Life Insurance Company of North America, as well as individuals like Elaine Wynn.
The company intends to use the funds to deepen its offerings, providing personalized coaching, product solutions, and community to help women reach their money goals.
Led by CEO Sallie Krawcheck, Ellevest is a financial company providing solutions for all stages of women’s financial lives to help them build wealth. Its offerings include digital investing tools, banking services, professional career and money coaching, and learning resources, as well as private wealth management for high net worth clients who want a personalized financial strategy that may include impact investing.
FinSMEs
07/04/2022