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Founded Year

2012

Stage

Series F | Alive

Total Raised

$564.02M

Valuation

$0000 

Last Raised

$300M | 3 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-60 points in the past 30 days

About Acorns

Acorns focuses on microinvesting in the financial services industry. It offers services that allow customers to invest spare change from everyday purchases into a diversified portfolio of index funds. It primarily sells to individuals looking to start investing in small amounts. The company was founded in 2012 and is based in Irvine, California.

Headquarters Location

5300 California Avenue

Irvine, California, 92617,

United States

855-739-2859

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ESPs containing Acorns

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Wealth Tech

The digital financial wellness market consists of fintechs that deliver combinations of financial products, including banking, investing, loans, and P&C insurance, as well as planning tools such as goals-based planning, account aggregation, asset allocation, and budgeting tools. These companies often have B2C and B2B2C distribution models. While digital financial wellness companies may offer compl…

Acorns named as Challenger among 15 other companies, including SoFi, Monzo, and MoneyLion.

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Expert Collections containing Acorns

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Acorns is included in 8 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

W

Wealth Tech

2,294 items

Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

F

Fintech 100

747 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

P

Payments

3,034 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

T

Tech IPO Pipeline

825 items

F

Fintech

9,304 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Acorns Patents

Acorns has filed 25 patents.

The 3 most popular patent topics include:

  • graphical control elements
  • graphical user interface elements
  • graphical user interface testing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/25/2022

9/10/2024

Transaction processing, Data management, Numerology, Mathematical constants, Fundamental constants

Grant

Application Date

4/25/2022

Grant Date

9/10/2024

Title

Related Topics

Transaction processing, Data management, Numerology, Mathematical constants, Fundamental constants

Status

Grant

Latest Acorns News

Stock Trading and Investing Applications Market Report 2024: Strategical & Developmental Analysis of Leading Players Morgan Stanley, Fidelity Investments, Charles Schwab, Merrill Edge, and Ameriprise Financial

Oct 23, 2024

This report analyzes the stock trading and investing applications market's characteristics - size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The stock trading and investing applications market size has grown exponentially in recent years. It will grow from $44.05 billion in 2023 to $52.89 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth observed during the historic period can be attributed to several factors, including the expansion of alternative investment options, evolving investor behaviors, enhanced accessibility to financial markets, increased demand for high-speed internet connectivity, and the growing influence of retail investors in the market. The stock trading and investing applications market size is expected to see exponential growth in the next few years. It will grow to $111.56 billion in 2028 at a compound annual growth rate (CAGR) of 20.5%. The projected growth in the forecast period can be attributed to the increasing number of self-directed investors, the proliferation of digital platforms, growing awareness of security measures, rising adoption of digital stock trading and investing, and the widespread use of smartphones for financial activities. Major trends expected during this period include advancements in technology, the prevalence of mobile trading and applications, integration of artificial intelligence and automation in investment processes, incorporation of augmented reality (AR) and virtual reality (VR) for enhanced user experiences, and the emergence of pre-IPO share trading platforms. The increasing utilization of internet and social media platforms is anticipated to drive the expansion of the stock trading and investing applications market in the foreseeable future. Internet platforms, comprising digital services and websites, offer users access to a wide array of functionalities, services, and content accessible online. Concurrently, social media platforms facilitate content creation, sharing, and interaction among users, fostering virtual communities. The internet enables swift access to extensive information on stocks, markets, and investment strategies, while social media platforms facilitate the formation of online trading and investment communities. These communities serve as hubs for sharing experiences, discussing investment ideas, and seeking advice, fostering a sense of camaraderie and stimulating participation in trading activities. For example, data from February 2023 provided by Meltwater, a Netherlands-based software company, reveals a 0.3% increase in internet users in the UK, totaling 66.11 million, with 35 million members on LinkedIn and 28.75 million Instagram users. LinkedIn's potential ad reach in the UK also rose by 2.9% during the same period. Major players in the stock trading and investing applications market are directing their efforts toward the development of sophisticated solutions such as mobile trading platforms to gain a competitive edge. Mobile trading platforms are applications empowering users to engage in trading various financial instruments, including stocks, options, futures, currencies, bonds, and more, directly from their smartphones or tablets. For instance, in May 2023, Geojit Financial Services, an India-based investment services company, unveiled FLIP, its latest mobile trading platform. FLIP is tailored to offer traders and investors a versatile and comprehensive trading experience, equipped with cutting-edge features. It facilitates trading across multiple asset classes, including equity, IPOs, bonds, futures, options, commodities, and currencies, while also offering advanced functionalities such as portfolio insights, technical and fundamental research, advanced charting capabilities through TradingView, and a transaction and investment dashboard summary. Geojit FLIP aims to empower clients with smarter and more successful investment and trading decisions by providing a seamless, secure, and feature-rich trading environment. In March 2022, Plus500 Ltd., a UK-based financial services and investment company, completed the acquisition of EZ Invest Securities Co. Ltd., a Japan-based entity, for an undisclosed sum. The acquisition is strategically positioned to bolster Plus500's presence in the Japanese market, particularly within the stock trading and investing applications sector. Plus500 aims to leverage its financial prowess and technology-driven tools to expand its footprint in Japan and capitalize on emerging opportunities. EZ Invest Securities Co. Ltd., known for its EzInvest Mobile platform, offers users easier access to actively manage their investment portfolios, thereby aligning with Plus500's vision to enhance accessibility and efficiency in the trading landscape. Major companies operating in the stock trading and investing applications market are Morgan Stanley, Fidelity Investments, Charles Schwab Corporation, Merrill Edge, Ameriprise Financial Inc., Ally Financial Inc., Vanguard Group Inc., Interactive Brokers LLC, E-Trade Financial Corporation, Social Finance Inc., Robinhood Markets Inc., Plus500 Ltd., eToro Ltd., TradeStation Group Inc., M1 Finance, Stash Financial Inc., Betterment, Wealthfront Inc., Acorns Grow Incorporated, Charles Stanley Direct, Zerodha Broking Ltd., Angel One Limited, Webull Corporation, Saxo Bank. North America was the largest region in the stock trading and investing applications market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stock trading and investing applications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the stock trading and investing applications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Report Scope

Acorns Frequently Asked Questions (FAQ)

  • When was Acorns founded?

    Acorns was founded in 2012.

  • Where is Acorns's headquarters?

    Acorns's headquarters is located at 5300 California Avenue, Irvine.

  • What is Acorns's latest funding round?

    Acorns's latest funding round is Series F.

  • How much did Acorns raise?

    Acorns raised a total of $564.02M.

  • Who are the investors of Acorns?

    Investors of Acorns include Headline, BlackRock, Bain Capital Ventures, Greycroft, Thirty Five Ventures and 30 more.

  • Who are Acorns's competitors?

    Competitors of Acorns include Moneybox, Streetbeat, Lune, Changed, Stash and 7 more.

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Compare Acorns to Competitors

Stash Logo
Stash

Stash is a personal finance app that aids investment and financial management for individuals. The app offers automated and self-directed investing options and a debit card that rewards users with stock. Stash also provides financial education resources to help users make informed decisions. Stash was formerly known as Collective Returns. It was founded in 2015 and is based in New York, New York.

C
Changed

Changed is a financial technology company focusing on helping individuals accelerate their debt repayment and achieve financial freedom. The company offers an application-based platform that rounds up users' spare change from everyday transactions and applies it toward their debt, in addition to providing tools for automated payments, tracking loan balances, and setting financial goals. Changed primarily serves individuals looking to pay off personal loans, student loans, auto loans, credit cards, and mortgages more efficiently. It was founded in 2017 and is based in Chicago, Illinois.

B
Bundil

Bundil operates as a crypto investment mobile platform. It allows users to automatically invest spare change from everyday credit or debit card purchases into Bitcoin and other cryptocurrencies. It was founded in 2017 and is based in Dallas, Texas.

Wealthfront Logo
Wealthfront

Wealthfront is a financial services company that focuses on automated investing and wealth building for individuals. The company offers a range of services including high-yield savings accounts, investment in US Treasury bonds, and diversified portfolio management using automated technology. Wealthfront's products are designed to cater to both seasoned and novice investors, aiming to simplify the investment process and maximize returns over the long term. Wealthfront was formerly known as kaChing. It was founded in 2011 and is based in Palo Alto, California.

C
Cred

Cred provides a personalized investment portfolio tool that matches a client's existing worldview and long-term investing need.

Q
Qapital

Qapital is a company that focuses on financial management in the fintech industry. It offers services that allow individuals and couples to save, invest, and spend money with their financial goals in mind, using automation and behavioral science. The company primarily serves individuals and couples looking to manage their finances more effectively. It was founded in 2012 and is based in New York, New York.

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