Robinhood Ventures Fund First Investment Disclosure: Invests in Stripe and ElevenLabs

robot
Abstract generation in progress

Odaily Planet Daily reports that Robinhood (NASDAQ: HOOD) has completed its first public investments through Robinhood Ventures Fund I (RVI), acquiring shares in Stripe and ElevenLabs. According to disclosed information, in March, RVI made transactions including: approximately $14.6 million to purchase Stripe stock (through secondary market trading from existing holders), and $20 million invested in London-based AI company ElevenLabs (via primary funding directly injecting capital into the company). The fund has been trading on the New York Stock Exchange since March 6, allowing retail investors to participate just like trading regular stocks, gaining access to private opportunities traditionally limited to institutional investors and high-net-worth individuals. Its current portfolio includes companies like Databricks, Revolut, Ramp, and Oura, with plans for further expansion. This investment marks Robinhood’s continued focus on fintech and AI private markets, providing early access opportunities for ordinary investors before potential IPOs. (CoinDesk)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin