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Contact (949) 220-0744
Headqurter United States
Description Acorns is the largest and fastest growing investment app that allows people to round up their daily purchases and automatically Invest the Change into a commission-free diversified portfolio of index funds offered by the world's top asset managers. Founded in Newport Beach, CA in February 2012, by son and father team Jeff and Walter Cruttenden. Acorns takes the guess work out of investing and provides a simple entry-point for anyone to get started using the Acorns app on iPhone or Android. The app and financial engine were built with natural human behavior in mind to help inspire realistic investment strategies that can be held for the long term.Customers accumulate fractional shares and automatically invest and save into a portfolio constructed by world-renowned Nobel Laureate economist Dr. Harry Markowitz. Acorns' smart portfolio algorithms automatically work behind the scenes, helping people build wealth, pennies at a time. From Acorns mighty oaks do grow!
Founded Year 2012-00-00
Number of Employees 51-100 Employees

Fund Raised

Date Amount Round Investor
2012-01-01 $300,000 Seed Unknown
2013-01-01 $2,500,000 Series A Artha India Ventures
2014-01-01 $6,160,000 Series B 50K Ventures
2015-01-01 $23,000,000 Series C SAIF Partners
2016-01-01 $30,000,000 Series D Accion Venture Lab
2016-01-01 $34,000,000 Series D SAIF Partners
2017-01-01 $1,000,000 Venture Accion Venture Lab