acorns.comFinTech / Personal FinanceFounded: 2012Funding to Date: $838.73MM
Acorns, founded in 2012, is a fintech company with a proprietary financial engine that allows customers to roundup spare change from everyday purchases and invest into a professionally managed portfolio of index funds. In addition to their roundup feature, Acorns also provides debit cards, personal checking, investment and retirement accounts.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/31/2023 | Series G-F | $180.91MM | $xx.xx | $2.72B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
10,350,375
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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03/31/2023 | Series G-E | $111.36MM | $xx.xx | $2.72B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,371,178
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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03/09/2022 | Series F-E2 | $33.78MM | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
2,879,550
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
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03/09/2022 | Series F-E1 | $4.04MM | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
344,749
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
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03/09/2022 | Series F-D | $19,656 | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
4,375
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.4x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
||||||
03/09/2022 | Series F-CS | $12.38MM | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
1,221,307
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
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03/09/2022 | Series F-C | $386,313 | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
128,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
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03/09/2022 | Series F-B | $1.68MM | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
1,522,931
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
||||||
03/09/2022 | Series F-A | $121,048 | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
201,746
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
||||||
03/09/2022 | Series F | $247.59MM | $xx.xx | $1.9B | TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant | |
Price per Share
$xx.xx
Shares Outstanding
14,165,214
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.4x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, BlackRock, Bain Capital Ventures, Galaxy Digital, Kevin Durant
|
||||||
04/21/2020 | Series E-2 | $25MM | $xx.xx | $1.09B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,835,011
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/28/2019 | Series E-1 | $121.16MM | $xx.xx | $860MM | Bain Capital Ventures, BlackRock, Comcast Ventures, DST Global, MSD Capital, NBCUniversal, The Rise Fund, Capital Group, Inside Capital, Torch Capital, TPG Capital | |
Price per Share
$xx.xx
Shares Outstanding
10,326,856
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bain Capital Ventures, BlackRock, Comcast Ventures, DST Global, MSD Capital, NBCUniversal, The Rise Fund, Capital Group, Inside Capital, Torch Capital, TPG Capital
|
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07/20/2017 | Series D-1 | $25.27MM | $xx.xx | $387.26MM | Blackrock, Thomas H Lee Partners, The RISE fund | |
Price per Share
$xx.xx
Shares Outstanding
4,907,478
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Blackrock, Thomas H Lee Partners, The RISE fund
|
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04/21/2016 | Series D | $44.37MM | $xx.xx | $164.5MM | Bain Capital Ventures, Balyasny Asset Management, Greycroft | |
Price per Share
$xx.xx
Shares Outstanding
9,874,911
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bain Capital Ventures, Balyasny Asset Management, Greycroft
|
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04/15/2015 | Series C | $25.58MM | $xx.xx | $83.25MM | Greycroft, e.ventures, Sound Ventures, Garland Capital Group, Great Oaks Venture Capital, Sekits Capital, Math Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
8,507,996
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greycroft, e.ventures, Sound Ventures, Garland Capital Group, Great Oaks Venture Capital, Sekits Capital, Math Venture Partners
|
||||||
03/12/2014 | Series B | $2.77MM | $xx.xx | $22MM | Great Oaks Venture Capital, HDS Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,520,671
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Great Oaks Venture Capital, HDS Capital
|
||||||
10/19/2012 | Series A | $2.3MM | $xx.xx | $9MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,838,224
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|