Ellevest Raises $33mn for Growth Plans

Digital wealth management startup Ellevest raised $33mn led by Rethink Impact and PSP Growth; other notable investors include Melinda Gates’s investment fund Pivotal Ventures, PayPal, Eric Schmidt and Valerie Jarret; Ellevest’s mission is to help women meet their financial goals by taking into account what works for their lives; “I’m so pleased to support Ellevest as it leads the way to help women become financially stronger and meet their money goals,” said Valerie Jarrett, co-chair of the United State of Women, in a statement according to TechCrunch; the company plans to use the new capital to grow by investing more into technology and offering new products. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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