OverviewSuggest Edit

Acorns is a finance company that allows individuals to round up purchases and automatically invest the change. The proprietary financial engine allows customers to round up spare change from everyday purchases and invest these sub-dollar amounts into a professionally managed portfolio of index funds. One needs to connect any credit or debit card and a checking account, then spend money as usually to watch its portfolio grow with the market. 

TypePrivate
Founded2012
HQIrvine, CA, US
Websiteacorns.com
Employee Ratings4.2
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2021)388(+4%)
Job Openings25
Cybersecurity ratingBMore

Key People/Management at Acorns

Noah Kerner

Noah Kerner

Chief Executive Officer
Jasmine Lee

Jasmine Lee

Chief Operating Officer and Chief Financial Officer
Kevin E. Hooks

Kevin E. Hooks

Chief Community Officer
Imad Banna

Imad Banna

Chief Information Security Officer
James Moorhead

James Moorhead

Chief Marketing Officer
Babak Farrokh-Siar

Babak Farrokh-Siar

Head of Business Development
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Acorns Office Locations

Acorns has offices in Irvine, New York and Portland
Irvine, CA, US (HQ)
Building 1, 5300 California Ave
Show all (3)

Acorns Financials and Metrics

Summary Metrics

Founding Date

2012

Acorns total Funding

$277 m

Time since last funding

2 years ago

Acorns investors

Acorns's latest valuation is reported to be $860 m.
View all funding rounds

Acorns Revenue

Market valuation

860.0m
Show all financial metrics

Acorns Operating Metrics

Acorns's Customers was reported to be 4.5 m in Jan, 2019.
Y, 2017Jan, 2019

Accounts

2 m

Customers

4.5 m
Show all operating metrics

Acorns Acquisitions / Subsidiaries

Company NameDateDeal Size
VaultNovember 07, 2017

Acorns Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Acorns Online and Social Media Presence

Embed Graph

Acorns Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A

    83/100

  • Diversity

    B

    79/100

Learn more on Comparably

Acorns News and Updates

Acorns to go public via Spac

Savings and investing app Acorns is set to go public at a $2.2 billion valuation via a combination with Nasdaq-listed Spac Pioneer Merger Corp.

Daily Crunch: Saving-investing app Acorns files to go public in $2.2B SPAC deal

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Investing App Acorns To Go Public In $2.2 Billion SPAC Deal Amid Fintech's Massive Boom

The announcement follows a slew of other buzzy fintechs announcing upsized deals this year.

Acorns, the app that lets users invest spare change, is going public via SPAC at a valuation of over $2 billion

Summary List Placement Acorns, the investment app that allows users to invest spare change from daily transactions, is going public. The fintech company will merge with a SPAC in a deal that is expected to value Acorns at $2.2 billion. Acorns' 4 million subscribers have nearly $10 billion in asset…

Investing app Acorns to go public through a blank-check merger valued at $2.2 billion

Acorns will merge with with Pioneer Merger Corp., a publicly traded special purpose acquisition company, or SPAC.

Acorns, The Largest Subscription Service In Consumer Finance, To Become Publicly Traded Company

IRVINE, Calif. and NEW YORK, May 27, 2021 /PRNewswire/ -- Acorns Grow Incorporated ("Acorns"), the saving and investing app, has entered into a definitive business combination agreement with Pioneer Merger Corp. (NASDAQ: PACX) ("Pioneer"), a publicly traded special purpose acquisition...
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Acorns Frequently Asked Questions

  • When was Acorns founded?

    Acorns was founded in 2012.

  • Who are Acorns key executives?

    Acorns's key executives are Noah Kerner, Jasmine Lee and Kevin E. Hooks.

  • How many employees does Acorns have?

    Acorns has 388 employees.

  • Who are Acorns competitors?

    Competitors of Acorns include Digit.co, Betterment and Two Sigma Investments.

  • Where is Acorns headquarters?

    Acorns headquarters is located at Building 1, 5300 California Ave, Irvine.

  • Where are Acorns offices?

    Acorns has offices in Irvine, New York and Portland.

  • How many offices does Acorns have?

    Acorns has 3 offices.