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Acorns
Saving & investing app
- 501-1000 employees
- Fintech
- B2C
- Banking
- Personal finance
- Investing
- Financial Services
- Irvine, CA
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Company mission
To look after the financial best interests of the up-and-coming, beginning with the empowering step of micro-investing.
2% employee growth in 12 months
Our take
Acorns is an investment app for individuals and families, focusing on smaller scale investments, savings and retirement planning. The app allows you to set up accounts for yourself and your family members and, with money saving advice built in, its aim is to encourage saving.
Currently used by more than 8 million people, it uses bank-level security and offers a VISA credit card with the option to automatically save the ‘change’ from purchases. While there are certainly plenty of other financial wellness apps out there, Acorn has moved to set itself apart by enhancing its services through smart acquisitions such as student loan debt management company Pillar, AI based debt reduction startup Harvest, and retirement account company Vault.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Annual Compensation Reviews
- Unlimited Udemy classes
- Quarterly Team Outings
- 401k
- Healthcare - Medical, Dental, Vision, Life, and more
- MacBooks
- Equity
- Bi-Weekly 1:1s
- Flexible Work Options
- Commuter Benefits
- Flexible Paid Time Off
- Monthly wellness hour and virtual yoga classes
- Flexible Work Hours
- Personal Development Plans
- Recognition - Using a tool called Reflektive, we like to give shout-outs to teammates who raise the bar
Company values
- Lead with heart - With compassion, integrity and tenacity, inspire yourself and others to move past all previous thresholds of possibility
- Make bold decisions - We are creating a new world. Be optimistic, adventurous, and courageous. Leap fearlessly into the future
- Always build trust - Say what you mean, mean what you say, and do what you say you're going to do. We are all owners. We are one team
- Never stop growing - Change IS the constant. Stay hungry and curious. Be relentless in the pursuit of progress
- Find a way - Never settle, no excuses, nothing is impossible. Just make it happen!
Funding (last 2 of 9 rounds)
Mar 2022
$300m
SERIES F
Jan 2019
$105m
SERIES E
Total funding: $504m
This company has top investors
Leadership
Walter Cruttenden
(Co-Founder & Chairman)Started Cruttenden Partners in 2001, when they also began working as Executive Director of Binary Research Institute. They co-founded Acorns in February 2012.
Jeffrey Cruttenden
(Co-Founder)They were a Partner at Cruttenden Partners, before co-founding Acorns with Walter in February 2012. In April 2017, they also co-founded Say.