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Investment and savings app Betterment raises $100M debt and $60M Series F at a ~$1.3B valuation led by Treasury and says it has around 700,000 clients (Annie Massa/Bloomberg)

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Annie Massa / Bloomberg:
Investment and savings app Betterment raises $100M debt and $60M Series F at a ~$1.3B valuation led by Treasury and says it has around 700,000 clients  —  Betterment LLC has raised an additional $160 million, pushing the robo-adviser’s market value to almost $1.3 billion.