Ellevest Scores $53M in Series B

Funding Rounds

Summary

NEW YORK, NY, Ellevest, a financial company built by women for women, announced a $53M Series B funding round. The round was co-led by BMO and Contour Venture Partners. It included investments from several new women-led investors, including Halogen Ventures, Cleo Capital, New York Ventures of Empire State Development, Stardust Equity, The Venture Collective, and Envestnet, as well as the LGBTQIA+ investment syndicate Gaingels. Returning institutional investors include 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. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Ellevest, Video Island Lead investors
Company - Funded company

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
No AI classifications detected

Linked Companies