EarlyBird Central Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
EarlyBird Central Inc. - overview
Established
2019
Location
Brooklyn, NY, US
Primary Industry
Financial Services
About
EarlyBird Central Inc. is a US-based company that provides tax-advantaged custodial investment accounts for children, facilitating long-term savings while enabling family members to contribute towards future needs. Founded in 2019 in Brooklyn, US, EarlyBird Central Inc. specializes in offering investment accounts designed for children's savings.
The company was co-founded by Andrew Parnell, Caleb Frankel, Cem Sertoglu, Hendrik Brandis, and Sarah Hunter. As of May 2025, EarlyBird has completed a total of 7 deals, with its most recent funding round being a Seed round, in which it raised USD 4. 50 mn. Its latest investment partners include 776, Alumni Ventures Group, Chingona Ventures, and several others.
In May 2025, Acorns acquired EarlyBird from its previous investors, which include notable firms such as Bridge Investments and Lightspeed Venture Partners. EarlyBird offers a primary product that is a tax-advantaged custodial investment account, known as an UGMA (Uniform Gifts to Minors Act) account, designed to facilitate long-term savings and investment for children. This service allows parents, guardians, and family members to contribute funds into an investment portfolio tailored for children's future needs, including education, home purchases, or entrepreneurial endeavors. The platform integrates the investment account with a digital memory-sharing feature, enabling users to store photos, videos, and messages, creating a digital time capsule for children.
This dual functionality addresses the emotional aspect of saving for a child's future while providing a practical means of growing that savings through investment. EarlyBird primarily serves families in the United States, capitalizing on a growing market of parents looking to invest in their children's futures while cultivating family engagement and support. EarlyBird generates revenue through subscription models associated with its investment services. The company offers two pricing tiers: the EarlyBird Basic plan is available for free, while the EarlyBird Premium plan costs USD 2.
95 per month for a single child or USD 4. 95 per month for multiple children. These subscription fees provide access to premium features such as unlimited memory storage, additional prompts for memory creation, and an expert-crafted investment portfolio. Transactions typically occur when family and friends contribute funds to the UGMA accounts, with clients managing their accounts through automated investing options.
This structure supports direct-to-consumer interactions while enabling families to collaboratively contribute to a child’s investment future. With the recent acquisition by Acorns in May 2025, EarlyBird aims to enhance its product offerings by integrating its investment gifting and digital memory features into Acorns' financial tools for families and children. This strategic move is expected to broaden the scope of services available, targeting families seeking comprehensive financial solutions. EarlyBird plans to expand its market reach beyond the US, though specific new geographic regions have not been disclosed as of now.
The USD 4. 50 mn raised in the latest Seed round will be utilized to support these initiatives, particularly in enhancing product development and market penetration.
Current Investors
Bridge Investments, Network Ventures, Chingona Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.getearlybird.io
Verticals
FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.