Acorns Revenue and Competitors

Claim your profile

Location

#222

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Acorns's estimated annual revenue is currently $84M per year.(i)
  • Acorns received $105.0M in venture funding in January 2019.
  • Acorns's estimated revenue per employee is $165,100
  • Acorns's total funding is $507M.
  • Acorns's current valuation is $2B. (March 2022)

Employee Data

  • Acorns has 509 Employees.(i)
  • Acorns grew their employee count by 25% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1770M580928%$5.6B$12.7B
#2
$109.6M66423%$435M$1.3B
#3
$867.9M278022%$3B$10.6B
#4
$66M40014%$204.5MN/A
#5
$304.7M163932%$2.3B$25B
#6
$7637.5M2597811%N/AN/A
#7
$130.3M70141%$427.4M$1.4B

Invest spare change from everyday purchases into a diversified portfolio. Acorns is the first company to offer micro investing to the world. The proprietary financial engine allows customers to roundup spare change from everyday purchases and invest these sub-dollar amounts into a professionally managed portfolio of index funds. Simply connect any credit or debit card and a checking account, then spend money like you normally do to watch your portfolio grow with the market. It's easy to get started when you can invest any amount, any time with no commissions or minimums. Disclosures available at https://www.acorns.com/disclosures/

keywords:Banking,Finance,Mobile

$507M

Total Funding

509

Number of Employees

$84M

Revenue (est)

25%

Employee Growth %

$2B

Valuation

N/A

Accelerator

Acorns News

2022-03-22 - Savings app unicorn Acorns is adding Bitcoin exposure to portfolios. Here’s the catch

Acorns, the Irvine, Calif.-based fintech that allows people to invest their spare change, said this morning that it would add optional...

2022-03-22 - U.S. fintech Acorns to give users exposure to bitcoin via ...

March 22 (Reuters) - U.S. financial technology firm Acorns will allow customers to use its app to invest up to 5% of their portfolio in...

2022-03-22 - Acorns Adds Crypto to Portfolio Options

Users can invest up to 5% of their Acorns portfolio in the ProShares Bitcoin Strategy ETF. Acorns plans to add other cryptocurrencies in the...

2021-08-31 - Acorns Launches Early Smart Deposit™ To Invest Into A Child's Future With Every Paycheck

IRVINE, Calif., Aug. 31, 2021 /PRNewswire/ -- Acorns, the saving and investing app that has over 4 million subscribers and has helped its customers invest more than $9.6 billion since inception, now sees $100 million invested in Acorns Early accounts. Acorns Early is the company's investment a ...

2021-05-28 - Acorns To Become Publicly Traded Company

Acorns Grow Incorporated, a provider of a saving and investing app, entered into a business combination agreement with Pioneer Merger Corp. (NASDAQ:PACX), a publicly traded special purpose acquisition company. The deal is expected to close in the second half of 2021. Upon completion, the compan ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$161.6M515N/AN/A
#2
$300M5160%$210.6M
#3
$136M5161%$154.4M
#4
$117M52012%N/A
#5
$166.1M52330%N/A

Acorns Funding

DateAmountRoundLead InvestorsReference
2014-03-14$5.5MBJacobs Asset ManagementArticle
2015-04-06$10.5MUndisclosedArticle
2015-04-16$23.0MCGreycroft PartnersArticle
2016-04-22$30.0MUndisclosedPayPalArticle
2018-05-11$UndisclosedUndisclosedBlackRockArticle
2019-01-29$105.0MENBC UniversalArticle