# Acorns funding: rounds and investors

> Acorns has raised $438M across 7 rounds since 2012. Investors include Great Oaks Venture Capital, BlackRock and TPG. Every round with its source.

Source: https://millionrounds.com/company/acorns (Millionrounds; every figure on the page links to its filing or article)

United States · [Series F startup](https://millionrounds.com/companies)

# Who invested in *Acorns*

7 rounds we have observed, with the 20 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Valuation: $1.9B, Mar 2026

Funding summary Updated 26 Oct 2026

**$438M** raised across 7 rounds since 2012, from 7 sources

**$300K** Seed **$2.5M** Series A **$6.2M** Series B **$23M** Series C **$1.0M** Round **$105M** Series E **$300M** Series F

- **Latest round:** Series F, $300M Mar 2022
- **Step-up i:** 2.9×
- **Investors:** 20

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022

**$300K** Seed

**$2.5M** Series A

**$6.2M** Series B

**$23M** Series C

**$1.0M** Round

**$105M** Series E

**$300M** Series F

- **First round:** Seed, $300K
- **Biggest round:** $300M
- **Usual gap between rounds:** 22 months

## The rounds

- **Mar 2022** Series F **$300M** *3 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Headline](https://millionrounds.com/fund/headline) [BlackRock](https://millionrounds.com/fund/blackrock) [TPG](https://millionrounds.com/fund/tpg) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) Source recorded
- **Jan 2019** Series E **$105M** *7 new* [BlackRock](https://millionrounds.com/fund/blackrock) [TPG](https://millionrounds.com/fund/tpg) [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [Bain & Company](https://millionrounds.com/fund/bain-and-company) [NBCUniversal](https://millionrounds.com/fund/nbcuniversal) [DST](https://millionrounds.com/fund/dst) [MSD Partners](https://millionrounds.com/fund/msd-partners) Reported by Businessinsider
- **Feb 2017** Round **$1.0M** No investor was named in the report. Reported by Afr
- **Apr 2015** Series C **$23M** *5 new* *1 returning* [Greycroft](https://millionrounds.com/fund/greycroft) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [e.ventures](https://millionrounds.com/fund/e-ventures) [Sound Ventures](https://millionrounds.com/fund/sound-ventures) [MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) [Garland Capital Group](https://millionrounds.com/fund/garland-capital-group) From a historical funding record
- **Mar 2014** Series B **$6.2M** *2 new* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Jacobs Asset Management](https://millionrounds.com/fund/jacobs-asset-management) From a historical funding record
- **Oct 2013** Series A **$2.5M** *2 new* *1 returning* [Steelpoint Capital Partners](https://millionrounds.com/fund/steelpoint-capital-partners) [Cruttenden Partners](https://millionrounds.com/fund/cruttenden-partners) Groundswell Investments From a historical funding record
- **Jun 2012** Seed **$300K** *1 new* [Cruttenden Partners](https://millionrounds.com/fund/cruttenden-partners) From a historical funding record

## Founders and team

From Acorns's own website: 14 on the team.

- **Noah Kerner** Chief Executive Officer & Chairman
- **Seth Wunder** Global President & Chief Financial Officer
- **Russ Brodmerkle** Vice President of Growth Marketing
- **Daniel Wood** Chief Technology Officer
- **Denise Chisolm** Chief Compliance Officer
- **Kasia Leyden** Global Chief Marketing Officer
- **Pete Johnson** Chief Operating Officer
- **Jamie Henderson** Global VP of Product Management
- **Brent Callinicos** Board Member
- **Chris Jones** Investment Committee Chair
- **Dana Settle** Board Member
- **Gabrielle Sulzberger** Board Member
- **Liz Nie** General Counsel & Corporate Secretary
- **Shlomo Benartzi** Behavioral Economics Chair

Advisers *Richard Thaler*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Series A** 2013 **Series B** 2014 **Series C** 2015 **Round** 2017 **Series E** 2019 **Series F** 2022 [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [BlackRock](https://millionrounds.com/fund/blackrock) [TPG](https://millionrounds.com/fund/tpg) [Cruttenden Partners](https://millionrounds.com/fund/cruttenden-partners) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Greycroft](https://millionrounds.com/fund/greycroft) [Headline](https://millionrounds.com/fund/headline) [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [e.ventures](https://millionrounds.com/fund/e-ventures)

## Everyone who backed them

[Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm **2** rounds

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **2** rounds

[TPG](https://millionrounds.com/fund/tpg) Private equity **2** rounds

[Cruttenden Partners](https://millionrounds.com/fund/cruttenden-partners) Family office **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Greycroft](https://millionrounds.com/fund/greycroft) VC firm **1** round

[Headline](https://millionrounds.com/fund/headline) VC firm **1** round

[Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Corporate VC **1** round

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[e.ventures](https://millionrounds.com/fund/e-ventures) VC firm **1** round

[Sound Ventures](https://millionrounds.com/fund/sound-ventures) VC firm **1** round

[Bain & Company](https://millionrounds.com/fund/bain-and-company) VC firm **1** round

[MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) VC firm **1** round

[NBCUniversal](https://millionrounds.com/fund/nbcuniversal) Corporate VC **1** round

[DST](https://millionrounds.com/fund/dst) Growth equity **1** round

[Steelpoint Capital Partners](https://millionrounds.com/fund/steelpoint-capital-partners) VC firm **1** round

[MSD Partners](https://millionrounds.com/fund/msd-partners) VC firm **1** round

[Garland Capital Group](https://millionrounds.com/fund/garland-capital-group) Private equity **1** round

[Jacobs Asset Management](https://millionrounds.com/fund/jacobs-asset-management) Hedge fund **1** round

Groundswell Investments no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=acorns).

## Also claim to have backed them

These 13 firms list Acorns as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Point72 Ventures](https://millionrounds.com/fund/point72-ventures) VC firm Per its own site

[Torch Capital](https://millionrounds.com/fund/torch-capital) VC firm Per its own site

[HDS Capital](https://millionrounds.com/fund/hds-capital) VC firm Per its own site

[Rainfall Ventures](https://millionrounds.com/fund/rainfall-ventures) VC firm Per its own site

[Ansa Capital](https://millionrounds.com/fund/ansa-capital) VC firm Per its own site

[Network Ventures](https://millionrounds.com/fund/network-ventures) VC firm Per its own site

[TempoCap](https://millionrounds.com/fund/tempocap) VC firm Per its own site

[A-Rod Corp](https://millionrounds.com/fund/a-rod-corp) Family office Per its own site

[Black Jays Investments](https://millionrounds.com/fund/black-jays-ventures) VC firm Per its own site

[Forecast Labs](https://millionrounds.com/fund/forecast-labs) Corporate VC Per its own site

[Material V](https://millionrounds.com/fund/material-v) VC firm Per its own site

[Point72 Hyperscale](https://millionrounds.com/fund/point72-hyperscale) VC firm Per its own site

[Vibora Capital](https://millionrounds.com/fund/vibora-capital) Family office Per its own site

## Quick answers about Acorns

### Who invested in Acorns?

Acorns's investors include Great Oaks Venture Capital, BlackRock, TPG, Cruttenden Partners and Y Combinator, and 15 more on record.

### How much has Acorns raised?

Acorns has raised $438M across 7 rounds since 2012.

### When did Acorns last raise?

Acorns's most recent round was a Series F of $300M in Mar 2022.

### What was Acorns's biggest round?

Its most recent round, $300M in Mar 2022, is also its largest on record.

### Who backed Acorns first?

Acorns's first round on record, in Jun 2012, was backed by Cruttenden Partners.

### What stage is Acorns at?

Acorns's latest named round is a Series F, in Mar 2022.

### Where is Acorns based?

Acorns is based in the United States.

## Companies like Acorns

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
