Betterment Employees Work From Anywhere

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DIALPAD + BETTERMENT

With over $200 million in venture capital raised from a long list of Silicon Valley investors, Betterment is one of the fastest-growing startups in the financial technology space. The company provides customers with a smarter way to invest, and helps them invest billions of dollars to achieve their retirement goals.

As with many successful startups, however, Betterment experienced the double-edged sword of hyper growth. In 2016, the company doubled its workforce, which threatened to overburden the existing communication system—and the IT team tasked with managing it.

“Nobody wants a clunky phone on their desk. Dialpad is a perfect fit for the way our employees work today.”
Mike Bongardino
IT Manager

BUILDING A CONNECTED COMPANY

With Dialpad, Betterment can now connect employees across their favorite devices, while supporting voice, video, and messaging—all in one place. “Originally, we had one phone line that rang a bunch of desk phones,” said Mike Bongardino, IT Manager at Betterment. “But we lacked the enterprise-level features necessary for a company scaling so quickly.”

The old system was not just inefficient. It was also expensive: “Our previous telephony bill was absurd,” said Bongardino. “It was over $1,200 a month for a service that we were barely utilizing.”

Since switching to Dialpad, Betterment has seen more than 60% in cost savings. Dialpad scales seamlessly with the needs of the fast-moving startup, which experiences bursts of growth as it gains traction and expands to new regions and markets. Supported by a communications infrastructure that’s flexible, scalable, and always on, Betterment’s employees are now free to do their best work from anywhere.

Industry
Finance
Employees
178+
Cost Savings
60%