Startup profile · funding coverage
Robinhood funding, valuation and investors
Commission-free mobile brokerage for stocks, options, crypto, and cash management.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series F
$280M · May 2020
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$283M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
public
public · Menlo Park, California, USA
Overview
Robinhood offers mobile-first trading of stocks, ETFs, options, and crypto with no commissions on most trades. Founded by Vladimir Tenev and Baiju Bhatt in 2013, it democratized retail investing UI. a16z participated in $3M seed (2013); Sequoia and Ribbit led later rounds including $280M Series F (2020). IPO'd July 2021 (NASDAQ: HOOD). 2021 GameStop short squeeze put Robinhood at center of market structure debates.
Why Robinhood is interesting
Forced zero-commission trading industry-wide — a16z seed (2013) before meme-stock 2021 moment and NASDAQ: HOOD IPO.
Product & use cases
Robinhood app provides trading, recurring investments, options strategies, crypto, and Robinhood Gold subscription with margin and research tools.
- Retail stock and ETF investing from mobile
- Options trading for individual investors
- Crypto purchase and custody
- Cash sweep and spending (Robinhood Cash Card)
Key facts
- Seed (Dec 2013): $3M; a16z and Index — TechCrunch
- Series F (May 2020): $280M led by Sequoia
- IPO (Jul 2021): NASDAQ HOOD
Funding history (newest first)
Series F
2020-05 $280MSource: https://newsroom.aboutrobinhood.com/robinhood-raises-280-million-in-series-f-funding/
Investors in our directory
Funds linked from Robinhood's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: UX simplicity and zero-commission model redefined retail brokerage onboarding for millennials.
Payment for order flow revenue model drew regulatory scrutiny. Post-meme-stock, Robinhood diversified into retirement accounts and crypto while competing with incumbents who copied free trading.
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Fidelity incumbent
Full-service brokerage matched zero commissions.
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Coinbase adjacent
Crypto trading overlap.
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Webull direct
Mobile-first competitor with similar feature set.
Notable stories
- Robinhood temporarily restricted GameStop buys in Jan 2021 due to clearinghouse collateral requirements — sparking congressional hearings on market structure.
Industries
Market / IPO context
Ticker: HOOD (NASDAQ)
IPO status: public
IPO date: 2021-07-29
Editorial / static context — not a live quote.
FAQs about Robinhood
Practical answers founders, operators, and investors typically search for.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.