04-01-2018 21:09 via feedproxy.google.com

A $9 billion robo-adviser going all in on automation just landed $75 million

Robo-adviser Wealthfront landed $75 million in a new fundraising round, the company announced Thursday.Tiger Global Management, the New York-based investing firm, is leading the fundraise.
Wealthfront will use the cash to enhance its Path tool and continue to attract younger investors to its purely automated platform.
 
Tiger Global Management is making a big bet on a California investing startup.
Wealthfront, a robo-adviser with more than $9 billion under its management, announced Thursday
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