Signal active
Organization
Contact Information
Overview
FutureAdvisor was founded in 2010 on the premise that investing for your future does not have to be difficult or expensive. Members of the founding finance team have been actively investing and worked in finance for years, and so have always been the ones friends asked for advice. They eventually realized that most of their friends were asking the same questions (how should I allocate my money?), making some of the same mistakes (buying high-fee funds), and that the best way for us to help everyone was implement the wisdom of index investing in software.
History has shown that most professional mutual fund managers cannot match the long-term performance of index funds, much less beat them. In addition, many funds charge high fees and generate massive turnover, such that the average fund under performs the S&P 500 Index by 3% per year. Yet less than 1/5th of investors' portfolios are in index funds because many don't know where to start or how to manage it over time: they're here to help. If you agree luminaries such as Jack Bogle, founder of Vanguard, or David Swensen, head of the Yale Endowment, that low-cost index investing is the key, then FutureAdvisor is for you.
About
Financial Services, Finance, FinTech, Personal Finance
2010
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
FutureAdvisor headquartered in United States, North America, operates in the Financial Services, Finance, FinTech, Personal Finance sector. The company focuses on Financial Services and has secured $1.4B in funding across 64 round(s). With a team of 11-50 employees, FutureAdvisor is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - FutureAdvisor, raised $1.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
4
8
0
$21.5M
Details
3
FutureAdvisor has raised a total of $21.5M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2014 | Early Stage Venture | 15.5M | ||
2012 | Early Stage Venture | 5.0M | ||
2010 | Seed | 1.0M |
Investors
FutureAdvisor is funded by 7 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Warren Hogarth | - | FUNDING ROUND - Warren Hogarth | 1.0M |
Alfred Lin | - | FUNDING ROUND - Alfred Lin | 1.0M |
FutureAdvisor | - | FUNDING ROUND - FutureAdvisor | 1.0M |
Sequoia Capital | - | FUNDING ROUND - Sequoia Capital | 1.0M |
Recent Activity
There is no recent news or activity for this profile.