Sign Up Today and Learn More About Acorns Stock
Invest in or calculate the value of your shares in Acorns or other pre-IPO companies through EquityZen's platform.
Acorns Stock (ACOR)
Acorns is a financial service that helps you save and invest by rounding up your everyday purchases and investing the spare change into pre-created portfolios.
Acorns is primarily a mobile-first, micro- and robo-investing app. The company allows its users to invest the spare change from purchases in diversified portfolios. Users can choose between Acorns Core or Acorns Later, an investment and retirement account, respectively. Users define a portfolio by answering questions regarding their financial situation and goals, which Acorns uses to recommend a mix of ETFs. The company additionally provides a checking account, called Acorns Spend. Users link cards and bank accounts to Acorns, which tracks the purchases and deposits the spare change to Acorns. If a user uses Acorns Spend, the user receives an Acorns Debit Card, which replaces the linked cards and bank accounts. Finally, the company offers Acorns Early, an investment account for kids.
About Acorns Stock
Founded
2012
Headquarters
Irvine, CA, US
Total Funding
1.0B
Industries
Financial Services, Blockchain and Crypto
Acorns offers personal financial services via their mobile app. Users can choose between Acorns Invest or Acorns Later, an investment and retirement account, respectively. The company also offers Acorns Early, an investment account for kids, and Acorns Earn, a bonus investment perk. Users define a portfolio by answering questions regarding their financial situation and goals, which Acorns uses to recommend a mix of ETFs. Users can also choose to invest in Acorns Sustainable Portfolios, which feature ESG-focused ETFs, or to invest in Bitcoin via Acorns. The company additionally offers a checking account, called Acorns Checking. Users can link cards and bank accounts to Acorns, which tracks the purchases and deposits the spare change to Acorns. If a user uses Acorns Checking, the user receives an Acorns Debit Card, which can be used instead of linked cards and bank accounts.
The company was founded in Newport Beach, CA in February 2012. Notable investors include PayPal, Rakuten, and GreyCroft Partners.
Acorns Press Mentions
Stay in the know about the latest news on Acorns
Acorns Marks Milestone of One Million Kids Served in U.S., Expanding Family Financial Wellness Offerings with Acorns Early
prnewswire ⢠Feb 04, 2025
Wealth Management Startups See Funding Rise
news ⢠Dec 02, 2024
Planning a charity gift? Try these 401(k)-style accounts to max givingâand lower your tax bill
fortune ⢠Nov 30, 2024
Acorns Banking Review 2024
businessinsider ⢠Sep 19, 2024
ACORNS launches 10th cycle for rural female entrepreneurs
agriland ⢠Aug 06, 2024
Investors in Acorns
Discover investors in Acorns stock and explore their portfolio companies
Acorns Management
Leadership team at Acorns
Chief Executive Officer
Noah Kerner
Chief Financial Officer
Rich Sullivan
Join now and verify your accreditation status to gain access to:
- Acorns Current Valuation
- Acorns Stock Price
- Acorns Management
- Available deals in Acorns and all other companies with relevant Deal Offering documents
- EquityZen's proprietary data and insights, which may include
- Acorns Cap Table and Funding History by Share Class and Liquidity Preferences
- Acorns Revenue and Financials
- Acorns Highlights
- Acorns Business Model
- Acorns Risk Factors
- Acorns Research Report from SACRA Research
Acorns Key Facts
⢠Acorns has expanded its offerings beyond just round-ups. The introduction of features like Acorns Later (for retirement accounts) and Acorns Earn (an account that offers investments while shopping) has broadened its appeal. For instance, Acorns Later allows users to invest in retirement accounts with automatic contributions, appealing to younger users who are starting to think about retirement savings.
⢠The business model of Acorns, which primarily involves subscription fees and a small percentage of assets under management, is highly scalable. As the user base grows, the cost of acquiring and servicing each new customer decreases relative to the revenue generated, leading to improved margins
⢠Acorns has formed partnerships with various financial institutions and companies. For instance, Acorns has partnered with companies like Helix to offer its users enhanced financial tools and benefits. Such partnerships can lead to increased user acquisition and provide additional revenue streams.
⢠High costs associated with acquiring new users can pressure profitability. If Acorns spends excessively on marketing and promotions to attract new users without corresponding revenue growth, it could negatively impact financial performance.
⢠Financial services are heavily regulated, and changes in regulations could impact Acornsâ operations. For instance, new regulations regarding micro-investing or data privacy could increase compliance costs or restrict certain business practices, potentially affecting profitability. Recent increased scrutiny on fintech companies by regulators could lead to challenges.
⢠As a digital platform, Acorns is vulnerable to cybersecurity threats and technology failures. Data breaches or technical issues could erode user trust and lead to regulatory fines or legal costs. I a significant security breach occurs, it could damage the companyâs reputation and lead to user attrition.
Trading Acorns Stock
How to invest in Acorns stock?
Accredited investors can buy pre-IPO stock in companies like Acorns through EquityZen funds. These investments are made available by existing Acorns shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event â house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.
How to sell Acorns stock?
Shareholders can sell their Acorns stock through EquityZen's private company marketplace. EquityZen's network includes over 350K accredited investors interested in buying private company stock. Learn more about the easy and guided Shareholder process here.
If I invest, how do I exit my investment?
There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.
Why choose EquityZen?
Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in private companies. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 44K private placements completed across 450+ companies, EquityZen leads the way in delivering "Private Markets for the Public."
