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.
