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 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.