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Ellevest Raises $53M In Series B Funding Round Backed By A Powerful Roster Of Women Investors

Ellevest Raises $53M In Series B Funding Round Backed By A Powerful Roster Of Women Investors

04/06/22, 8:00 AM
Money raised
$53 million
Round Type
series b
Ellevest, the financial company built by women for women, today 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.

Company Info

Company
Ellevest
Additional Info
Ellevest is a financial company built by women, for women, providing solutions for all stages of women's financial lives to help them build wealth. Ellevest's 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. Named best mission-oriented investing service by Bankrate,* Ellevest has built an online community of more than 3 million women working toward financial equality. To learn more, visit ellevest.com. See ellvst.co/series-b-annotated-release for disclosures. *As of January 4, 2022, rating based on research and data collected by Bankrate between Oct. 4 and Nov. 30, 2021. Bankrate and Ellevest are not affiliated with one another and have no formal relationship. Bankrate is not compensated by Ellevest and Bankrate's opinions are their own. **Endorsements provided by the individuals referenced above are presented with their permission and based on their equity investments in Ellevest, Inc. as of April 2022. The individuals presented may also be clients of Ellevest and were not compensated in connection with their statements; however, a conflict of interest exists because investors benefit from the success of their investment in Ellevest. The above content is provided for general informational purposes only. A testimonial or endorsement is not a guarantee of successful results. SOURCE Ellevest