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Acorn Finance Raises $8.4M In Series A Funding Led By Massmutual Ventures

PRIVATEJan 11, 2022

Amount Raised

$8.4 Million

Round Type

Series A

Sacramento

Description

Acorn Finance, the world's first embedded lending marketplace for home improvement financing, has raised $8.4 million in Series A funding led by MassMutual Ventures. Moderne Ventures and previous investors Vestigo Ventures, Accomplice and MetaProp also participated in the round. A prior $4 million in seed financing brings the company's total funding to $12.4 million.

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Company Information

Company

Acorn Finance

Location

Sacramento, California, United States

About

Acorn Finance is the world's first embedded lending marketplace for home improvement financing, driving better outcomes for borrowers, lenders, contractors and software vendors. Borrowers can shop for the best rates from the best lenders, all within a few seconds and fewer clicks. Lenders can reach more homeowners while also testing the ideal rates for optimum engagement. Contractors can increase sales by offering financing to customers at no extra cost to themselves. Lastly, software vendors to the home improvement industry can add value for contractors and enhance the homeowner's buying experience by embedding Acorn Finance's solution within their products' estimates and invoices. For more information, visit www.acornfinance.com.

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Fundz sees it the moment Acorn Finance raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Acorn Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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