Predict your next investment

Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Asset & Financial Management & Trading
acorns.com

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Founded Year

2012

Stage

Acq - Pending | Acquired

Total Raised

$263.82M

Valuation

$0000 

Revenue

$0000 

About Acorns

Acorns is a financial services company focused on facilitating micro-investing by enabling the investment of aggregated sub-dollar amounts in fractional shares with high frequency and allowing people to save and invest their money. The Acorns app, which leverages a proprietary brokerage and advisory engine, rounds up credit, and debit card purchases to the nearest dollar, then automatically collects and invests that spare change into a portfolio of index funds offered by money managers Blackrock, Vanguard, and PIMCO.

Acorns Headquarter Location

5300 California Avenue

Irvine, California, 92612,

United States

855-739-2859

Latest Acorns News

Acorns Hires First Chief Investment Officer To Empower Customers To Evolve From Passive Investors to Active Participants

Oct 15, 2021

Share Acorns Grow Incorporated , the investing app that has helped its customers invest more than $9.6 billion, has appointed seasoned investment manager,  Seth Wunder , CFA, as its first Chief Investment Officer (CIO) ahead of its expected public listing. Wunder joins Acorns with a proven track record as an entrepreneur and established portfolio manager. Most recently, Wunder founded and served as the sole portfolio manager for black-and-white Capital. Before building black-and-white Capital in Los Angeles, Wunder was a founding partner and portfolio manager at Contour Asset Management in New York. He led both firms to grow from modest beginnings to more than $1.2 billion AUM each. Wunder started his investing career more than two decades ago at Morgan Stanley Investment Management focused on the technology sector. “We see a huge and novel opportunity to give our customers the ability to get more active while staying diversified,” said Noah Kerner, CEO of Acorns. “Seth will fuel our ability to offer new and more customized investment offerings that will let everyday Americans be more engaged in their financial futures.” Related Posts As Chief Investment Officer, Wunder will help lead the team to develop and introduce new and more sophisticated investment opportunities, including the ability to customize portfolios by adding individual stocks and cryptocurrencies into diversified portfolios. He’ll work closely with Acorns’ newly appointed Chief Education and Content Officer, Kennedy Reynolds, to integrate personalized guidance and related educational resources, such as in-app Q&As and interactive learning. Wunder noted, “Acorns stands apart in the fintech eco-system as the company with a long term vision, driven by the financial best interests of its customers. It’s more important than ever to educate investors on the significance of taking a long term view and utilizing techniques like dollar-cost averaging in a diversified portfolio.” Acorns is already a full-stack investment platform, owning the technology from top-to-bottom. In this new role, Wunder will seek to leverage these capabilities by developing proprietary Acorns portfolios. He also plans to assume leadership of the management and operational responsibilities of Acorns’ registered investment advisor and broker-dealer subsidiaries. Wunder will also partner with Acorns Investment Committee, chaired by Christopher Jones, former Co-Head of Global Active Equities at BlackRock.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

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 6 Expert Collections, including Banking.

B

Banking

709 items

W

Wealth Tech

1,111 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

2

2018 Fintech 250

498 items

P

Payments

1,721 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

T

Tech IPO Pipeline

568 items

F

Fintech

7,165 items

US-based companies

Acorns Patents

Acorns has filed 16 patents.

The 3 most popular patent topics include:

  • Graphical control elements
  • Graphical user interface elements
  • Graphical user interfaces
patents chart

Application Date

Grant Date

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Related Topics

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5/10/2017

11/16/2021

Financial markets, Investment, Derivatives (finance), Personal finance, Stock market

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5/10/2017

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11/16/2021

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Related Topics

Financial markets, Investment, Derivatives (finance), Personal finance, Stock market

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Status

Grant

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Acorns Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Acorns Rank

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