Ellevest Raises $9M Funding Round
Summary
Ellevest, a NYC-based digital investment platform for women, raised $9m funding round.Backers included Aspect Ventures, Ulu Ventures, Nellie and Max Levchin, Astia Angels, Khosla Ventures, Morningstar, Venus Williams, Mellody Hobson, Theresia Gouw, Jennifer Fonstad, Sonja Perkins, and individuals from Broadway Angels, among others.Led by Sallie Krawcheck, Ellevest provides a digital investment platform for women, featuring a proprietary algorithm that incorporates women’s unique salary peaks and longer lifespans.The platform, which has multiple patents pending, also offers clients a goals-based investment plan, for goals such as starting a business, retiring well or buying a home, and customized investment portfolios built to get them to those goals in the majority of markets.FinSMEs 16/09/2016