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Acorns

London, United Kingdom Financial Services Acquired

Acorns Early is a digital financial platform and debit card for children aged 6-18 that combines money management tools with financial education. The product offers a custodial investment account (UGMA/UTMA) with a 1% match on invested funds, a debit card for hands-on spending and earning management, chore-tracking features, savings goals, and bite-sized financial literacy lessons. Originally founded as GoHenry in 2012, the platform was acquired by Acorns in April 2023, expanding Acorns' family-focused financial wellness offerings across the United States and Europe.

Acquired

Acorns has been acquired

Acquired by Acorns Apr 3, 2023 Undisclosed (all-stock transaction)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Total Funding

$514.2M

6 rounds

Latest Valuation

$2B

Mar 9, 2022

Secondary Signals

1 signal
Valuation Anchor Stale amount $300M; valuation ~$2B post 2022-03-09

Closed $300M Series F led by TPG at nearly $2B valuation after scrapping SPAC merger

Valuation anchor now 4+ years stale; no newer priced round or credible mark found

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $514.2M across 6 rounds

Last updated 08-05-2026

DateRoundAmount RaisedValuationLead Investors
Mar 9, 2022 Series F $300M $2B TPG
Jan 2019 Series E $105M $2.63B NBCUniversal
2018 Series D $50M $0.86B BlackRock

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B 2018 2019 2020 2021 2022 Acorns

Entry · Series D

$860M

Jan 2018

Acorns today

$2B

Mar 2022 · latest mark

Acorns multiple

2.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

Edison Partners Revaia (formerly Gaia) Nexi

Leadership

  • Noah Kerner

    CEO and Chairman (Acorns parent company)

  • Louise Hill

    Co-Founder and COO (GoHenry)

    LinkedIn
  • Dean Brauer

    Co-Founder (GoHenry)

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Greenlight

    Debit card and financial education app for kids combining chores, savings goals, instant transfers, and in-app financial lessons.

  • Current

    Teen debit card with chore tracking, savings tools, and free account linked to parent with budgeting and spending controls.

  • FamZoo

    DIY family banking platform allowing parents to set up chores, pay savings interest, and simulate loans for financial learning.

  • Modak

    Free core debit card services for kids with premium optional services, focused on family financial management.

  • BusyKid

    Chore management and payment platform for families with debit card options for kids.

  • Step

    Debit card and financial wellness app for teens with real-time spending controls and financial education features.

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