Acorns Advisers

Financial ServicesSeries FIrvine, USacorns.com

Latest round

Series F

Last raised

Mar 2022

Total raised

$540M

Investors

23

About Acorns Advisers

Based in California, US, and founded in 2012, Acorns operates as a mobile application that invests sub-dollar amounts into a portfolio of index funds enabled by linking debit or credit cards and checking accounts to use on expenses.A. Noah Kerner is the CEO of Acorns. Acorns provides an investing, banking, earning and education platform. The company’s investing product line offers investment account, individual retirement account, investment for kids, and sustainable ESG portfolios. The company's banking product line offers personal checking, investment, and retirement accounts in a single application, digital banking, direct deposits, mobile check deposit, check sending and more. Earning product line offers customers to earn money in every shopping across 350 brands or finding a job. In addition, the company offers learning material, such as money basics for understanding finance and Grow magazine in partnership with CNBC. Acorns generates revenue through subscription of its product packages, which include personal (USD 3 per month) and family (USD 5 per month). Acorns plans to go public through the completion of a merger with publicly traded special purpose acquisition company Pioneer Merger Corp.

Who invested in Acorns Advisers

23 investors across 6 rounds

See all investors in Acorns Advisers

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series F

    Mar 9, 2022

    Amount

    $300M

    Investors

    Locked

  2. Series E

    Jan 25, 2019

    Amount

    $180M

    Investors

    Locked

  3. Series D

    Mar 21, 2016

    Amount

    $30M

    Investors

    Locked

  4. Series C

    Apr 2, 2015

    Amount

    $23M

    Investors

    Locked

  5. Series B

    Feb 28, 2014

    Amount

    $6.2M

    Investors

    Locked

  6. Series A

    Oct 19, 2012

    Amount

    $1.1M

    Investors

    Locked

Questions about Acorns Advisers

Who invested in Acorns Advisers?

Acorns Advisers has 23 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Acorns Advisers raised?

Acorns Advisers has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Acorns Advisers last raise money?

Acorns Advisers's most recent round on record is a Series F, in Mar 2022.

What does Acorns Advisers do?

Based in California, US, and founded in 2012, Acorns operates as a mobile application that invests sub-dollar amounts into a portfolio of index funds enabled by linking debit or credit cards and checking accounts to use on expenses.

Where is Acorns Advisers headquartered?

Acorns Advisers is headquartered in Irvine, US.

Which VCs invest in companies like Acorns Advisers?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Acorns Advisers's stage. Their profiles are linked below.

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