FutureAdvisor Raises $5 Million to Help People Invest More Wisely

FutureAdvisor has raised $5 million in a first round to help provide financial advice using algorithms. In addition, the Seattle company said it is launching a new service that will analyize fees and provide recommendations to help people save money on their 401(k) plans. The company’s investors include Sequoia Capital, former PayPal exec and Square COO Keith Rabois and Yelp founder Jeremy Stoppelman.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus