Robinhood joined the Unicorn Club after raising multiple rounds, including a $3.4B Series H in Jan 2021, a $500M debt facility in Jan 2021, and a $648M Post-IPO round in May 2022, totaling $5.73B in funding. Headquartered in Menlo Park, United States, Robinhood provides a mobile-first, commission-free trading platform offering stocks, ETFs, options, and crypto to retail investors. The capital supported product expansion, regulatory compliance, scaling clearing & custody, and international growth.
Keep reading to see how Robinhood scaled retail investing with technology, partnerships, and financial innovation.
What Is Robinhood and What Does It Do?
Founded in 2013 by Vlad Tenev, Baiju Bhatt, and Tom Linford, Robinhood is a Menlo Park–based (United States) investment tech company. The firm employs approximately 2,300 people and offers a mobile brokerage platform for stocks, ETFs, options, and cryptocurrencies.
Robinhood’s platform offers fractional investing, real-time market data, educational content, and subscription-based features, all designed to simplify trading for retail investors. The company also focuses on compliance, trust, and platform scalability to manage surges in retail trading activity.
How Much Funding Has Robinhood Raised?
1. Post IPO
- Amount Raised: $648M
- Date: May 13, 2022
- Purpose: Strengthen capital base, expand product initiatives, and enhance regulatory/compliance programs
2. Conventional Debt
- Amount Raised: $500M
- Date: Jan 29, 2021
- Lead Investors: Debt lenders/institutions
- Purpose: Improve liquidity and support customer deposits and clearing liabilities during high trading periods
3. Series H
- Amount Raised: $3.4B
- Date: Jan 29, 2021
- Lead Investors: Ribbit Capital, Sequoia Capital, Andreessen Horowitz, Index Ventures, NEA, Iconiq
- Purpose: Fuel growth, product scaling, and international expansion
Total Funding Raised: $5.73B
Latest Funding Date: May 2022
Current Valuation: Public market valuation varies
Key Investors
- Ribbit Capital
- Details: Fintech-focused investor backing seed to growth-stage companies
- Focus Areas: Fintech, payments, consumer finance, infrastructure
- Notable Investments: Coinbase, Revolut, Credit Karma, Robinhood, Nubank
- Sequoia Capital
- Details: VC backing transformative technology companies
- Focus Areas: Consumer internet, fintech, enterprise SaaS
- Notable Investments: Apple, Google, Stripe, Airbnb, Robinhood
- Andreessen Horowitz (a16z)
- Details: High-profile VC focused on technology and crypto
- Focus Areas: Crypto, fintech, marketplaces, enterprise
- Notable Investments: Coinbase, OpenSea, Lyft, Robinhood, Stripe
- DST Global
- Details: Late-stage global investor in consumer internet
- Focus Areas: Marketplaces, fintech
- Notable Investments: Facebook, ByteDance, Airbnb, Robinhood, Klarna
- Index Ventures
- Details: Global VC investing across early and growth-stage software and consumer
- Focus Areas: Fintech, marketplaces, developer tools
- Notable Investments: Revolut, Kraken, Dropbox, Robinhood, Adyen
Where Is Robinhood’s Headquarters?
Robinhood is headquartered in Menlo Park, California, United States, at the heart of Silicon Valley’s fintech and venture ecosystem.
What’s Next for Robinhood?
Robinhood will focus on deepening its regulated offerings (banking, retirement), improving the resilience of clearing and custody, selectively expanding internationally, and continuing to invest in compliance, trust, and diversified revenue streams beyond order flow.
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