Acorns

company

About

Acorns is a finance company that allows individuals to round up purchases and automatically invest the change.

  • 251 - 500

Details

Last Funding Type
Series D
Last Funding Money Raised
$35M
Industries
Finance,Financial Services,FinTech,Wealth Management
Founded date
Feb 29, 2012
Number Of Employee
251 - 500
Operating Status
Active

Acorns is a finance company that allows individuals to round up purchases and automatically invest the change. It allows customers to automatically invest in a low-cost, diversified portfolio of exchange-traded funds offered by some asset managers including Vanguard and BlackRock.

Acorns was founded in 2012 and is headquartered in Irvine, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$440M
Acorns has raised a total of $440M in funding over 2 rounds. Their latest funding was raised on Mar 9, 2022 from a Series F round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 9, 2022 Series F $300M 1 TPG Detail
Jan 28, 2019 Series E $105M 1 Detail
Apr 21, 2016 Series D $35M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Acorns is funded by 2 investors. TPG and Rakuten are the most recent investors.
Investor Name Lead Investor Funding Round
TPG Yes Series F
Rakuten Series D