Full-Time

Software Engineer I – Recent Graduate

Updated on 1/29/2025

Acorns

Acorns

501-1,000 employees

Micro-investing platform for everyday users

Fintech
Financial Services

Compensation Overview

$120.2k - $129.8kAnnually

+ Sign-on Bonus + Equity Grants + Discretionary Cash Bonus

Entry

No H1B Sponsorship

Remote in USA

Remote-first organization with optional access to office space in Irvine, CA.

Category
Android Development
Backend Engineering
IOS Development
Web Development
Software QA & Testing
Software Engineering
Required Skills
Kotlin
JavaScript
Data Structures & Algorithms
Ruby
Java
TypeScript
Scala
iOS/Swift

You match the following Acorns's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Currently pursuing a Bachelor’s degree in computer science, software engineering, machine learning, mathematics, statistics, or a related field
  • Required: Senior standing (Graduating 2025)
  • Excellent command of one or more programming languages; Java, Scala, Ruby, Swift, Kotlin, Typescript, or Javascript
  • Exceptional communication skills (verbal, written, and presentation)
  • Hunger to learn new technologies
  • Ownership of the software you produce
  • Understanding of design patterns, basic algorithms, and data structures
Responsibilities
  • Learn from Engineering talent how we do craftsmanship at Acorns
  • Own and develop solutions to product and coding issues
  • Contribute to the broader Engineering team by participating in peer reviews
  • Deploy your code in production to millions of Acorns’ users
  • Take full ownership of at least one feature, from requirements to implementation
  • Identify areas for improvement and drive your vision for Acorns’ technology forward
  • Contribute to and evangelize Acorns’ engineering culture
  • Lead projects that involve cross-functional teams to build major new features
  • Become an expert on the services or features you helped build
  • Collaborate with Engineering team to build innovative solutions while bringing new ideas, technologies, and methodologies to the table
  • Write high-quality code with one or more programming languages
  • Produce excellent design and development documentation

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main service is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational content to help users make informed financial decisions. The company operates on a subscription model, charging users a monthly fee based on the level of service, and earns additional revenue through partnerships that provide cashback rewards, which are automatically invested. Acorns stands out by combining technology with expert financial advice, making it easier for users to grow their wealth and financial knowledge.

Company Stage

IPO

Total Funding

$491.2M

Headquarters

Irvine, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acorns plans to go public, potentially increasing its market presence and resources.
  • The 'great wealth transfer' could expand Acorns' user base among younger investors.
  • Collaboration with Google Wallet targets younger audiences, enhancing long-term customer retention.

What critics are saying

  • Increased BNPL usage among Gen Z may reduce their investment capacity with Acorns.
  • Unpredictable IPO market could affect Acorns' public offering plans and valuation.
  • Privacy concerns may hinder adoption of Acorns' payment solution for kids.

What makes Acorns unique

  • Acorns offers micro-investing by rounding up purchases to invest spare change.
  • Partnerships with Vanguard and BlackRock provide Acorns users access to diversified portfolios.
  • Acorns collaborates with financial experts like Suze Orman for trusted financial advice.

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Benefits

Healthcare

401(k)

Equity

Competitive Compensation

Flexible Paid Time Off

Learning & Development

Wellness

Flexible Work Hours

Quarterly Team Outings

Personal Development Plans

Annual Compensation Reviews

Recognition