Acorns (company)

Acorns.
Type of site
Private
HeadquartersIrvine, California
Key peopleNoah Kerner (CEO)
IndustryFinancial services
ProductsInvestment management, investment portfolios, stock portfolios, stock trading
URLwww.acorns.com
Launched2012; 12 years ago (2012)

Acorns is an American financial technology and financial services company based in Irvine, California, that specializes in micro-investing and robo advice. According to Fortune's Impact 20 list for the year 2020, Acorns had 8.2 million customers. In 2022, their total assets under management[1] exceeded $6.2 billion.

Micro-investing is a type of investment strategy that is designed to make investing regular, accessible and affordable, especially for those who may not have a lot of money to invest or who are new to investing.[2][3]

  1. ^ "SEC Form ADV: Acorns, Item 5 - Regulatory Assets Under Management" (PDF). SEC. 2022. Retrieved May 9, 2023.
  2. ^ "The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies". money.cnn.com. May 1, 2001. Retrieved 2023-04-20.
  3. ^ Lucchetti, Aaron. "E-Tailers Allow Buyers to Add Fund Investments to Carts". WSJ. Retrieved 2023-04-20.