Acorns was founded in 2012 by Jeffrey and Walter Cruttenden. In an interview with CNBC from January 2019, CEO Noah Kerner expressed his hopefulness for an eventual IPO for the company. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. Acorns is a fintech company specializing in robo-advising and micro-investing.
At the time of the same CNBC interview, Acorns had approximately $1.2 billion in assets under management representing two million accounts. The company has raised approximately $280 million in Venture Capital funding from investors including Ashton Kutcher, BlackRock, Capital Group, Comcast Ventures, DST Global, MSD Capital, NBCUniversal, Bain Capital Ventures, Rakuten Capital, e.ventures, and Green Oaks Venture Capital. It has been widely reported that Acorns last raised over $100 million in January 2019 at a post-money valuation of nearly $900 million.
Acorns does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Acorns will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 3/31/2023 | Series G-E and G-F | $292.27MM raised | $XXX.XX | $XXX.XX |
| 3/9/2022 | Series F, F-A, F-B, F-C, F-CS, F-D, F-E1, and F-E2 | $300MM raised | $XXX.XX | $XXX.XX |
| 4/21/2020 | Series E-2 | $25MM raised | $XXX.XX | $XXX.XX |
| 1/28/2019 | Series E-1 | $121.16MM raised | $XXX.XX | $XXX.XX |
| 7/20/2017 | Series D-1 | $25.27MM raised | $XXX.XX | $XXX.XX |
| 4/21/2016 | Series D | $44.37MM raised | $XXX.XX | $XXX.XX |
| 4/15/2015 | Series C | $25.58MM raised | $XXX.XX | $XXX.XX |
| 3/12/2014 | Series B | $2.77MM raised | $XXX.XX | $XXX.XX |
| 10/19/2012 | Series A | $2.3MM raised | $XXX.XX | $XXX.XX |
Acorns is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Acorns pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Acorns is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
