April 13, 2015
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TECHNOLOGY: Micro- investing startup adds IRAs
The first acquisition by Acorns Grows Inc. will plant the Irvine startup in the retirement-planning business.
Irvine’s Acorn Grows Inc. ranked No. 22 on the Wall Street Journal’s list of “Top 25 Tech Companies to Watch.”
Irvine-based Acorns Grow Inc. raised $30 million in Series D funding that includes investments from Palo Alto-based PayPal and Rakuten Fintech Fund, the investment arm of an e-commerce company in Tokyo.
Newport Beach startup Acorns Grow Inc. has raised $23 million to fuel the growth of its smartphone app that aims to bring microinvesting to the masses.