Successful funding path for Acorns App

Acorns, a micro-investment application which sets up a personalized portfolio via the collection of spare change, announced the close of a $23 million series C financing.

A series of companies participated at the funding, such as Greycroft Ventures, e.Ventures, Sound Ventures, Garland Capital etc. Based on Acorns executives, the application has grown to 650.000 members.

At the same time, half of them have opened up investment accounts on the platform and Acorns has processed over 28 million trades and linked more than a million debit and credit cards to the platform.

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