Tech Company Financing Transactions

Wealthfront Funding Round

Greylock Partners, Social Capital and Index Ventures participated in a $20 million Series B capital raise for Wealthfront. This VC investment round closed on 3/20/2013.

Transaction Overview

Company Name
Announced On
3/20/2013
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Greylock Partners (Lead Investor) (Reid Hoffman)

Social Capital (Lead Investor) (Chamath Palihapitiya)

Index Ventures (Michaelangelo Volpi)

private investors (Adam D'Angelo)

private investors (Andy Dunn)

private investors (Cipora Herman)

private investors (Hunter Walk)

private investors (Matt Mullenweg)

private investors (Michael Schroepfer)

private investors (Satya Patel)

Proceeds Purpose
The company will use the financing to invest in developing its solution and its growth initiatives.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
203 Forest Ave.
Palo Alto, CA 94301
USA
Email Address
Overview
Wealthfront is the largest and fastest-growing SEC-registered, software-based financial advisor. Our mission is to provide access to the same high quality financial advice offered by major financial institutions and private wealth managers, like tax-loss harvesting, without the high account minimums or costs.
Profile
Wealthfront LinkedIn Company Profile
Social Media
Wealthfront Company Twitter Account
Company News
Wealthfront News
Facebook
Wealthfront on Facebook
YouTube
Wealthfront on YouTube

Management Team

Title
Name
Email & Social
Chairman
Andy Rachleff
  Andy Rachleff LinkedIn Profile  Andy Rachleff Twitter Account  Andy Rachleff News  Andy Rachleff on Facebook
Chief Executive Officer
Adam Nash
  Adam Nash LinkedIn Profile  Adam Nash Twitter Account  Adam Nash News  Adam Nash on Facebook
Chief Financial Officer
Rick Foreman
  Rick Foreman LinkedIn Profile  Rick Foreman Twitter Account  Rick Foreman News  Rick Foreman on Facebook
Chief Technical Officer
David Fortunato
  David Fortunato LinkedIn Profile  David Fortunato Twitter Account  David Fortunato News  David Fortunato on Facebook
VP - Bus. Development
Daniel Carroll
  Daniel Carroll LinkedIn Profile  Daniel Carroll Twitter Account  Daniel Carroll News  Daniel Carroll on Facebook
VP - Engineering
Avery Moon
  Avery Moon LinkedIn Profile  Avery Moon Twitter Account  Avery Moon News  Avery Moon on Facebook
VP - Product Management
Elliot Shmukler
  Elliot Shmukler LinkedIn Profile  Elliot Shmukler Twitter Account  Elliot Shmukler News  Elliot Shmukler on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/20/2013: Postmates venture capital transaction
Next: 3/20/2013: Concurrent venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document every notable VC transaction. All VC database entries on this site are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary