Investing app Acorns nabbed $105 million in funding and now has a higher valuation than robo giant Betterment
|01/28/2019||Posted by BusinessMediaguide.Com under General World News||
- Investing app Acorns raised $105 million in funding for its Series E round that included new investors NBCUniversal, Comcast Venture and private equity firms DST and MSD Capital.
- Acorns is now valued at $860 million, which is more than Betterment, the largest independent robo-advisor in the world.
Acorns, an app that invests users’ spare change in exchange-traded funds, announced it raised $105 million in a Series E round that gives the company a valuation of $860 million.
NBCUniversal, Comcast Ventures and private equity firms DST and MSD Capital, which manages Michael Dell’s personal money, participated in the round. TPG, read more >>>