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Acorns Stock

Automated savings & micro investing app

Founded

2012

Notable Investors

Greycroft Partners

Headquarters

Irvine CA, US

Total Funding

$388M

About Acorns Stock

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 Invest 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 and Acorns Earn, a bonus investment perk.

The company was founded in Newport Beach, CA in February 2012.

Source: Acorns

Investors

Funding History

July 2013$2.5M
February 2014$5.5M
April 2015$26.2M
March 2016$44.4M
May 2017$25.3M
January 2019$218M
January 2019$66.7M

Management

CEO

Noah Kerner

Chief Operating Officer

Manning Field

Chief Financial Officer

Jasmine Lee

Chief Technology Officer

Hugh Tamassia

Head of Product Management

Randy Fernando

Chief Education Officer

Jennifer Barrett

Chief Compliance Officer

Michelle Moukio

VP of Human Resources

Patricia Gonzales

Chief Communications Officer

Jessica Schaefer

Head of Business Development

Babak Farrokh-Siar

VP of Brand & Content

Kennedy Reynolds

Chief Information Security Officer

Imad Banna

General Counsel

Ashley Good

VP of Engineering

Dave Packard

Head of Data Science

Jeremy Greene

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Acorns or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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