Industry: Financial Technology
Location: Irvine, California
Date of Investment: 2020
Acorns is how everyday consumers save & invest for the long term. To date, customers have invested over $16 billion with Acorns, much of it in spare change. By putting the tools of wealth-making in everyone's hands, Acorns is a leader in U.S. consumer finance, serving over 4.5 million everyday Americans. Customers get automated investing in diversified portfolios, a simple retirement product, a bank account that helps people spend less to invest more, bonus investments from brands while they shop, an easy way to invest in their kids, and a foundation of financial education. From acorns, mighty oaks do grow!
Acorns recently acquired GoHenry to launch GoHenry by Acorns. Acorns is how everyday consumers save & invest for the long term. To date, customers have invested over $16 billion with Acorns, much of it in spare change. By putting the tools of wealth-making in everyone's hands, Acorns is a leader in U.S. consumer finance, serving over 4.5 million everyday Americans. Customers get automated investing in diversified portfolios, a simple retirement product, a bank account that helps people spend less to invest more, bonus investments from brands while they shop, an easy way to invest in their kids, and a foundation of financial education.
The Edison Team
Chris Sugden
Managing Partner
Jennifer Lee
Partner
Robert Dickey
Principal
Recent Articles on Acorns
The investments discussed in the above video do not represent a full list of Edison investments. A full list of Edison investments can be found here: https://www.edisonpartners.com/portfolio. There is no guarantee that the performance of these past investments may be replicated. Investors may not gain exposure to these specific investments. Past performance is not indicative of future results.
The video may contain one or more endorsement of Edison’s services. Edison did not compensate anyone for these endorsements, nor do they receive any form of indirect compensation. The experiences discussed may not be the experience of every portfolio company or investor.