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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Asset & Financial Management & Trading

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Founded Year



Unattributed - II | Alive

Total Raised




Mosaic Score

+110 points in the past 30 days

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

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


Latest Acorns News

Investing App Acorns and Pioneer Cancel $2.2 Billion SPAC Deal

Jan 18, 2022

8:26 PM IST, 18 Jan 2022 7:00 PM IST, 18 Jan 2022 8:26 PM IST, 18 Jan 2022 Save (Bloomberg) -- Acorns Grow Inc., the popular spare-change investing and checking account app, and Pioneer Merger Corp. are canceling their $2.2 billion blank-check deal for the app to go public. (Bloomberg) -- Acorns Grow Inc., the popular spare-change investing and checking account app, and Pioneer Merger Corp. are canceling their $2.2 billion blank-check deal for the app to go public. The deal was canceled due to market conditions, and the startup now plans to raise funding and pursue a traditional initial public offering, according to Acorns Chief Executive Officer Noah Kerner. “We really appreciate the partnership with Pioneer. They exceeded expectations and helped make Acorns public-company ready,” Kerner said in a statement. “Given market conditions, we will be pivoting to a private capital raise at a higher pre-money valuation as we continue on our path to 10 million paid subscribers saving and investing for a better future.” Acorns and Pioneer join a growing list of companies to terminate SPAC mergers as the froth comes out of the once-booming market. Wynn Resorts Ltd.’s online betting unit, grill-maker BBQGuys and software provider ServiceMax have all nixed blank-check deals in recent months. Acorns was founded in 2014 and charges users monthly fees to invest cash or spare change in a series of exchange-traded funds. It also offers checking accounts, retirement savings and debit cards. The company is working on a new service for later this year called Customizable Portfolios that will allow users to invest a small portion of their money in individual stocks, Bloomberg News has reported . The expansion for Acorns into direct investing will help the app rival other mobile-first platforms like Robinhood Markets Inc. plus legacy services like E*Trade and Fidelity. At the time of its merger announcement, Acorns had 4 million subscribers. It’s grown since then. “Acorns has exceeded its public forecast, crossed 4.6 million paid subscribers and helped everyday Americans save and invest over $12.5 billion to date,” Chief Financial Officer Rich Sullivan said in a statement. Pioneer, a special purpose acquisition company, is led by Chairman Jonathan Christodoro and Co-Presidents Rick Gerson and Oscar Salazar. Christodoro sits on the boards of companies including PayPal Holdings Inc., while Salazar was a co-founder of Uber Technologies Inc. In the original deal, Citigroup Inc. served as an adviser to Pioneer as well as the exclusive placement agent on a $450 million PIPE, or private investment in public equity. Moelis & Co. advised Acorns. ©2022 Bloomberg L.P.

Jan 16, 2022
Acorns vs. Stash

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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 6 Expert Collections, including Banking.



710 items


Wealth Tech

1,150 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.


2018 Fintech 250

498 items



1,772 items

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


Tech IPO Pipeline

568 items



7,256 items

US-based companies

Acorns Patents

Acorns has filed 21 patents.

The 3 most popular patent topics include:

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

Application Date

Grant Date


Related Topics




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


Application Date


Grant Date



Related Topics

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



Acorns Web Traffic

Page Views per User (PVPU)
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