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Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

August 22, 2012 at 4:30 AM

Seattle’s FutureAdvisor lands $5 million

Online investment startup FutureAdvisor is announcing today that it has raised $5 million from Sequoia Capital.

That’s on top of $1 million in seed funding that the Seattle company drew earlier from Sequoia and angel investors, including Yelp founder Jeremy Stoppleman and Keith Rabois, chief operating officer of Square.

The company — started in 2010 by Microsoft veterans — is also announcing today that it’s offering a free, online 401(k) fee analysis tool.

Its release said $4 billion in assets are now under analysis through its online service.

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