Robinhood’s startup fund invests about $35 million in Stripe and an AI audio company
According to Robinhood’s venture fund announcement, RVI has completed investments in Stripe and ElevenLabs, extending retail investors’ indirect exposure to private companies after the fund’s March 6, 2026 NYSE listing.
Robinhood Ventures Fund I said it has completed investments in Stripe and ElevenLabs, confirming the fund’s first disclosed private-company positions after listing on the NYSE under the ticker RVI on March 6, 2026. Earlier disclosures showed the fund invested about $34.6 million on March 17, including roughly $14.6 million in Stripe Class B common stock and $20 million in ElevenLabs Series D preferred shares. The new update also adds context that Stripe had previously acquired stablecoin firm Bridge for $1.1 billion, linking one of the portfolio companies to the digital asset sector.
- NYSE-traded fund: A fund listed on the New York Stock Exchange, allowing investors to buy and sell shares through the public market.
- Class B common stock: A class of common shares that can carry different voting rights or ownership terms from other common stock classes issued by the same company.
- Series D preferred shares: Preferred equity issued in a later-stage funding round, typically giving investors rights or preferences that differ from common stock.