What is Wealthfront?
Wealthfront is a prominent fintech company dedicated to empowering young professionals to build long-term wealth through an integrated approach to investing and saving. The platform offers high-yield savings accounts via partner banks, diversified ETF and bond ETF portfolios, commission-free stock investing, and accessible low-cost loans. By leveraging software, Wealthfront aims to democratize sophisticated financial tools, making wealth building accessible and cost-effective for both novice and experienced investors.
How much funding has Wealthfront raised?
Wealthfront has raised a total of $689.5M across 7 funding rounds:
Angel/Seed
$3M
Series A
$7.5M
Series B
$20M
Series C
$35M
Series D
$64M
Private Equity
$75M
IPO
$485M
Angel/Seed (2008): $3M, investors not publicly disclosed
Series A (2009): $7.5M led by DAG Ventures
Series B (2013): $20M supported by Greylock Partners, The Social+Capital Partnership, and Index Ventures
Series C (2014): $35M featuring DAG Ventures, Ribbit Capital, Greylock Partners, Index Ventures, and The Social+Capital Partnership
Series D (2014): $64M backed by Index Ventures, DAG Ventures, Maven Ventures, Spark Capital, Dragoneer Investment Group, and Greylock Partners
Private Equity (2018): $75M with participation from Index Ventures, Social Capital, DAG Ventures, Ribbit Capital, Spark Capital, Benchmark Capital, and Greylock Partners
IPO (2025): $485M, investors not publicly disclosed
Key Investors in Wealthfront
Greylock Partners
Greylock Partners is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies. The firm has a strong portfolio with 90 companies and 15 unicorns, reflecting its successful investment strategy.
The Social+Capital Partnership
Social Capital is an investment firm that focuses on making significant investments in transformative ideas, innovative technologies, and talented individuals. The company aims to create a positive impact through its investment strategies.
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies.
What's next for Wealthfront?
The substantial enterprise-level funding indicates Wealthfront is poised for significant expansion and further product development. This strategic investment will likely fuel advancements in its core offerings, potentially including enhanced AI-driven financial advice, broader investment options, and expanded services to cater to a growing user base. The company's focus on integrating diverse financial products positions it for continued leadership in the digital wealth management space, aiming to capture a larger share of the market through innovation and user-centric design.
See full Wealthfront company page
