Acorns Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 579

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 83

Acorns General Information

Description

Developer of a financial application designed to automate micro-investments into exchange-traded funds. The company's application uses a proprietary financial engine that features the ability to round up spare change from everyday purchases to invest these sub-dollar amounts into a professionally managed portfolio of index funds and provides debit card, personal checking, investment, and retirement accounts, enabling users to invest small amounts of money from spare change every day.

Contact Information

Website
www.acorns.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5300 California Avenue
  • Irvine, CA 92617
  • United States
+1 (949)
Primary Industry
Other Financial Services
Other Industries
Application Software
Financial Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, FinTech
Corporate Office
  • 5300 California Avenue
  • Irvine, CA 92617
  • United States
+1 (949)

Acorns Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Acorns Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
16. Secondary Transaction - Private Completed Generating Revenue
15. Later Stage VC (Series F) 09-Mar-2022 Completed Generating Revenue
14. PIPE 18-Jan-2022 Cancelled Generating Revenue
13. Reverse Merger 18-Jan-2022 Cancelled Generating Revenue
12. Equity Crowdfunding 01-Jan-2022 Completed Generating Revenue
11. Later Stage VC (Series E2) 26-Mar-2021 Completed Generating Revenue
10. Secondary Transaction - Private 09-Aug-2019 Completed Generating Revenue
9. Later Stage VC (Series E1) 07-Feb-2019 Completed Generating Revenue
8. Secondary Transaction - Private 23-Oct-2018 $102M Completed Generating Revenue
7. Secondary Transaction - Private 22-Dec-2017 $102M Completed Generating Revenue
To view Acorns’s complete valuation and funding history, request access »

Acorns Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series F
Series F-CS
Series F-E2
Series F-E1
Series F-D
Series F-C
Series F-B
Series F-A
Series E2 1,835,011 $0.001000 $0.68 $13.62 $13.62 1x $13.62 1.78%
Series E1 16,293,279 $0.001000 $0.59 $11.73 $11.73 1x $11.73 15.82%
To view Acorns’s complete cap table history, request access »

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Acorns Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial application designed to automate micro-investments into exchange-traded funds. The company's ap
Other Financial Services
Irvine, CA
579 As of 2025

Chicago, IL
 

Abu Dhabi, United Arab Emirates
 
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Acorns Competitors (52)

One of Acorns’s 52 competitors is M1 (Financial Software), a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
M1 (Financial Software) Venture Capital-Backed Chicago, IL
Sarwa Venture Capital-Backed Abu Dhabi, United Arab Emirates
Stash Financial Venture Capital-Backed New York, NY
Chime Venture Capital-Backed San Francisco, CA
Ginmon Venture Capital-Backed Frankfurt, Germany
You’re viewing 5 of 52 competitors. Get the full list »

Acorns Patents

  • 35

    Total Documents Applications and Grants

  • Total Patents Families

  • 30

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

Acorns Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-D927521-S1 Mobile device screen or portion thereof with a graphical user interface Active 09-Dec-2019
US-11567655-B2 Secure signature creation on a secondary device Active 21-Feb-2019
US-20200272323-A1 Secure signature creation on a secondary device Active 21-Feb-2019
US-D928799-S1 Mobile device screen or portion thereof with graphical user interface Active 19-Jul-2018
US-20190180364-A1 Method and system for efficient switching of direct deposit payment destination account Inactive 13-Dec-2017 G06Q40/02
To view Acorns’s complete patent history, request access »

Acorns Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Acorns Investors (83)

Investor Name Investor Type Holding Investor Since Participating Rounds
Andav Capital Venture Capital Minority
AustralianSuper Limited Partner Minority
Blue Owl Capital Asset Manager Minority
Angel (individual) Minority
Bridge Capital Holding Family Office Minority
You’re viewing 5 of 83 investors. Get the full list »

Acorns Investments & Acquisitions (7)

Acorns’s most recent deal was a Merger/Acquisition with Gohenry. The deal was made on 03-Apr-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Gohenry 03-Apr-2023 Merger/Acquisition Financial Software
Pillar (Database Software) 07-Apr-2021 Merger/Acquisition Database Software
Harvest (Other Financial Services) 01-Feb-2021 Merger/Acquisition Other Financial Services
Bitmo 21-Sep-2018 Seed Round Financial Software
Vault Investments 07-Nov-2017 Merger/Acquisition Social/Platform Software
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

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Acorns Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
ChroniFI Boulder, CO 2020
Gohenry Farnborough, United Kingdom 2011

Acorns FAQs

  • When was Acorns founded?

    Acorns was founded in 2012.

  • Where is Acorns headquartered?

    Acorns is headquartered in Irvine, CA.

  • What is the size of Acorns?

    Acorns has 579 total employees.

  • What industry is Acorns in?

    Acorns’s primary industry is Other Financial Services.

  • Is Acorns a private or public company?

    Acorns is a Private company.

  • What is Acorns’s current revenue?

    The current revenue for Acorns is .

  • How much funding has Acorns raised over time?

    Acorns has raised $637M.

  • Who are Acorns’s investors?

    Andav Capital, AustralianSuper, Blue Owl Capital, , and Bridge Capital Holding are 5 of 83 investors who have invested in Acorns.

  • Who are Acorns’s competitors?

    M1 (Financial Software), Sarwa, Stash Financial, Chime, and Ginmon are some of the 52 competitors of Acorns.

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