Acorns logo β€” 🌳 Acorns / Grow your financial wellness
🌱 Acorns Early / G...

Acorns

🌳 Acorns / Grow your financial wellness 🌱 Acorns Early / Grow your kid’s money skills

Founded 2012 United States Irvine, United States 585 employees Post IPO Total: $504.96M Finance, Financial Services +2

General Information

Company Name Acorns
Founded Year 2012
Location United States Irvine, United States +2
Founders / Decision Makers
Team member Team member
Employees 585
Industries Finance, Financial Services, Fintech +1
Funding Stage Post IPO

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About Acorns

Acorns, founded in 2012, is a prominent player in the Fintech and Wealth Management sectors, headquartered in the United States. The company operates under the mission of boosting financial wellness for everyday Americans with a particular focus on simplicity and accessibility.

Since 2014, Acorns has been providing intuitive financial tools that assist users in smarter spending, saving for the future, and investing efficiently. Their innovative offering, Acorns Early, extends these benefits to children, encouraging financial literacy and growth from a young age.

Remarkably, Acorns has influenced over 13 million customers to save and invest more than $22 billion, primarily through spare change investment. Highlighted as one of Time's β€œWorld’s Best Brands of 2024,” the firm's market impact is significant.

Having recently secured a Secondary Market investment as of April 2024, Acorns presents itself as a compelling opportunity for investors seeking to capitalize on the persistence of digital financial service innovations.

Taxonomy: financial wellness, spare change investing, automated investing, financial literacy, children's finance, exchange-traded funds (ETFs), investment portfolio, digital finance app, debit card for kids, personal finance management, investment education, micro-investing, round-up savings, diversified portfolio

Services & Products

automated investment management
retirement account services
financial education resources
custodial accounts for children
high-yield savings solutions
debit cards with financial benefits
investment and savings app

Target Customers

beginner investors families with children retirees everyday individuals looking to save and invest people seeking automated financial solutions

Funding Rounds & Investors (18)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market β€’β€’β€’β€’β€’β€’ - 01 Apr 2024
Series F β€’β€’β€’β€’β€’β€’ 1 β€’β€’β€’β€’ β€’β€’β€’β€’ 01 Mar 2022
Secondary Market β€’β€’β€’β€’β€’β€’ - 01 May 2021
Secondary Market β€’β€’β€’β€’β€’β€’ 1
Investor
01 Jul 2020
Late Vc β€’β€’β€’β€’β€’β€’ - 01 Dec 2019

View All 18 Funding Rounds

Acorns Alternatives & Competitors

View All Alternatives
Acorns vs
Greenlight
Greenlight United States

The money and safety app for families.

Series D
661 employees
Financial Services, Fintech
Acorns vs
Bonsai Smart Wealth
Bonsai Smart Wealth United Kingdom

Plan, invest, and grow your wealth all within one AI-powered app 🌱 | Launching soon in the US

10 employees
Acorns vs
Wombat
Wombat United Kingdom

Invest, save and grow your money

Series A
33 employees
Financial Services, Internet

FAQ About Acorns

🌳 Acorns / Grow your financial wellness 🌱 Acorns Early / Grow your kid’s money skills
Acorns was founded in 2012.
Acorns is headquartered in Irvine, United States.
Acorns operates in the following industries: Finance, Financial Services, Fintech, Wealth Management.
Acorns has approximately 585 employees.
Acorns has completed 18 funding rounds, raising a total of $504.96M. The latest funding stage is Post IPO.
Acorns offers: automated investment management, retirement account services, financial education resources, custodial accounts for children, high-yield savings solutions, debit cards with financial benefits, investment and savings app.
Top alternatives and competitors to Acorns include Greenlight, Bonsai Smart Wealth, Wombat, Propel Money, Masroofi. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Acorns and Greenlight are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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