via Acorns.com
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Acorns, a fintech startup for investing and saving spare change, announced today that it closed a $105 million Series E financing round, bringing the company’s valuation to just shy of unicorn status at $860 million.

According to a recent report by CNBC, investors in the round include Comcast Ventures, NBCUniversal, Bain Capital Ventures, BlackRock (BLK), TPG’s Rise Fund, DST and Michael Dell’s MSD Capital.

With its investment, NBCUniversal is now the largest Acorns shareholder and CNBC Chairman Mark Hoffman will fill a new board seat. This comes as both companies recently partnered to develop finance-focused content through the Acorns’ Grow website.

Based on data from Pitchbook, Acorns has surpassed its top two industry competitors, robo-advisors Betterment and Wealthfront, which hold $700 million and $500 million valuations, respectively.

According to Acorns, it’s main savings products currently has 4.5 million customers, with an average age of 32 and an income between $50,000 and $60,000. Additionally, the startup’s automated retirement accounts have around 350,000 users who have invested $40 million to date.

More: Fintech start-up Acorns valued at $860 million after latest funding round
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