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Acorns

Acorns
2012 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Series D1 LATEST DEAL TYPE
$40M LATEST DEAL AMOUNT
$102M TOTAL AMOUNT RAISED
Description

Developer of mobile application designed to offer automatic sync of credit card information and make investments. The company's mobile application allows to make investments which are automatically diversified across 7,000 stocks and bonds, enabling users to improve return while reducing risk.

Website:
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Application Software
Primary Office
19900 MacArthur Boulevard
Suite 400
Irvine, CA 92612
United States

+1 (949) 399-9000
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Acorns Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series D1) 20-Jul-2017 $40M $102M 00000 Completed Generating Revenue
5. Later Stage VC (Series D) 21-Apr-2016 0000 0000 00000 Completed Generating Revenue
4. Later Stage VC (Series C) 01-Apr-2015 0000 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 12-Mar-2014 00.00 00.00 0000 Completed Startup
2. Early Stage VC (Series A) 01-Oct-2013 $2.5M $2.8M $9M Completed Startup
1. Seed Round 01-Jun-2012 $300k $300k Completed Startup
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Acorns Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series D 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.00
Series C 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B 5,000,000 $0.001000 $0.06 $1.1 $1.1 1x $1.1 10.43%
Series A 4,166,668 $0.001000 $0.03 $0.6 $0.6 1x $0.6 8.69%
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Acorns Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Bain Capital Ventures Venture Capital Minority 000 0000 000000 0
Cruttenden Partners Venture Capital Minority 000 0000 000000 0
Garland Capital Group PE/Buyout Minority 000 0000 000000 0
Great Oaks Venture Capital Venture Capital Minority 000 0000 000000 0
Greycroft Partners Venture Capital Minority 000 0000 000000 0
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Acorns Executive Team (23)

Name Title Board
Seat
Contact
Info
Noah Kerner Chief Executive Officer & Board Member
Sean Dignan Chief Operating Officer
Jeff Sippel Chief Technology Officer
Randy Fernando Managing Director
Peter Svorinic Chief Compliance Officer
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Acorns Board Members (8)

Name Representing Role Since Contact
Info
Jeffrey Cruttenden Acorns Board Member & Co-Founder 000 0000
Mark Terbeek Greycroft Partners Board Observer 000 0000
Mathias Schilling e.ventures Board Member 000 0000
Noah Kerner Acorns Chief Executive Officer & Board Member 000 0000
Oskar Mielczarek de la Miel Rakuten Capital Board Member 000 0000

2 Former Board Members

You’re viewing 5 of 8 board members. Get the full list »