Robinhood Ventures Fund I (RVI) Announces Investments in Stripe and ElevenLabs
Rhea-AI Summary
Robinhood Ventures Fund I (NYSE: RVI) closed investments in Stripe and ElevenLabs and began trading on the NYSE on March 6, 2026. RVI purchased $14,577,645 of Stripe Class B common stock on March 9, 2026 and $19,999,971.34 of ElevenLabs Series D preferred stock on March 12, 2026.
The fund offers retail investors access to fintech and AI companies; Stripe provides payments and revenue management services, while ElevenLabs offers AI audio and voice products across 70+ languages.
AI-generated analysis. Not financial advice.
Positive
- RVI started trading on NYSE on March 6, 2026
- $14,577,645 invested in Stripe Class B common stock on March 9, 2026
- $19,999,971.34 invested in ElevenLabs Series D preferred stock on March 12, 2026
Negative
- None.
News Market Reaction – HOOD
On the day this news was published, HOOD gained 2.71%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HOOD gained 2.62%, while peers were mixed: IBKR +1.53%, FUTU +2.65%, SCHW -0.53%, LPLA -2.12%, TW -1.06%. This points to a stock-specific move tied to the Robinhood Ventures Fund I update rather than a broad capital markets rally.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 12 | Monthly operating data | Neutral | -3.6% | Reported February 2026 customer, asset, volume, and deposit metrics. |
| Mar 06 | RVI IPO pricing | Neutral | -4.3% | Priced Robinhood Ventures Fund I IPO at $25 per share. |
| Feb 23 | Conference presentation | Positive | +2.2% | Announced CFO presentation at Citizens Technology Conference. |
| Feb 19 | Monthly operating data | Positive | +0.6% | Released January 2026 metrics on customers, assets, and trading activity. |
| Feb 17 | RVI introduction | Positive | -0.7% | Introduced RVI, a closed-end fund targeting private company exposure. |
Recent Robinhood Ventures Fund I milestones have sometimes seen modest or negative moves despite strategic positioning, while operating updates and conference news have generally been met with mild positive reactions.
Over the past month, Robinhood reported January and February 2026 operating data, highlighting funded customers above 27M, platform assets above $300B, and strong net deposits. It also announced and then priced the IPO of Robinhood Ventures Fund I (RVI), a closed-end fund giving retail access to private companies, including a disclosed Stripe agreement. Those RVI-related headlines sometimes coincided with small share price declines. Today’s news on RVI’s completed investments in Stripe and ElevenLabs extends that Ventures narrative.
Market Pulse Summary
This announcement details that Robinhood Ventures Fund I deployed $14,577,645 into Stripe Class B shares via secondary transactions and $19,999,971.34 into ElevenLabs Series D preferred stock in a primary round. It follows prior communications about launching and IPO pricing for RVI, a closed-end fund providing retail access to private companies. Investors may track how these high-profile fintech and AI holdings influence RVI’s performance and how Robinhood balances fund growth with its core trading and brokerage operations.
Key Terms
class b common stock financial
series d preferred stock financial
secondary transactions financial
primary transaction financial
AI-generated analysis. Not financial advice.
MENLO PARK, Calif., March 17, 2026 (GLOBE NEWSWIRE) -- Today, Robinhood Ventures Fund I (NYSE: RVI) announced it has closed investments in Stripe and ElevenLabs. Robinhood Ventures Fund I, which is the first fund from Robinhood Ventures, began trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the symbol RVI.
“We’re excited to add Stripe and ElevenLabs to Robinhood Ventures Fund I and are proud to offer retail investors access to these frontier companies,” said Sarah Pinto, President of Robinhood Ventures Fund I. “They are helping shape the future of fintech and AI, and reflect RVI’s focus on investing in innovative companies operating at the forefront of their industries.”
Investment in Stripe
As previously disclosed, on March 9, 2026 RVI purchased an aggregate of
Investment in ElevenLabs
On March 12, 2026 RVI purchased an aggregate of
About Robinhood Ventures Fund I
RVI is a closed-end fund that provides investors exposure to a concentrated portfolio of private companies that now includes Airwallex, Boom, Databricks, ElevenLabs, Mercor, Oura, Ramp, Revolut, and Stripe, with additional companies expected to be added over time.
Unlike many traditional private market vehicles, RVI is designed to be accessible to retail investors, with no accreditation requirements, no investment minimums, a competitive management fee, and no performance fees.
RVI uses the “Announcements” section of the RVI website (accessible at https://robinhood.com/us/en/ventures/rvi/) and the Robinhood Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to RVI’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.
Investors wishing to buy or sell shares of RVI can place orders through an intermediary or broker.
Disclosures:
An investment in Robinhood Ventures Fund I is speculative and involves a high degree of risk with substantial risk of loss.
Robinhood Ventures is the investment adviser for RVI. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an SEC-registered investment adviser and a wholly owned subsidiary of Robinhood Markets, Inc.
Forward-Looking Statements
This communication includes “forward looking statements,” including statements regarding the potential addition of portfolio companies to RVI over time and RVI’s objectives to expand access to private markets. Forward-looking statements involve known and unknown risks, uncertainties and assumptions, including the risks outlined under “Risks” in the preliminary prospectus and elsewhere in RVI’s filings with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. RVI and Robinhood have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.
Contacts
Investor Relations: ir@robinhood.com
Press: press@robinhood.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6cb60648-9e65-4972-a267-d949d2d99ffc
