Robinhood was founded in 2013 by Baiju Bhatt and Vladimir Tenev. In an interview with CNBC from October 2019, COO Gretchen Howard noted an IPO would be “a step along the way at some point.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Robinhood operates a zero-commission stock and crypto trading platform. The company has raised over $1.7 billion in Venture Capital funding from investors including D1 Capital Partners, Dragoneer Investment Group, CapitalG, ICONIQ Capital, Unusual Ventures, Kleiner Perkins, Sequoia Capital, DST Global, Thrive Capital, Draper Associates, New Enterprise Associates, Sound Ventures, Ribbit Capital, GV, and Index Ventures. Per company press releases, Robinhood last raised $200 million in August 2020 at a post-money valuation of $11.2 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/01/2021 | Series G-1 | $3.4B | $xx.xx | $18.81B | Andreessen Horowitz, Iconiq Capital, Index Ventures, New Enterprise Associates, Ribbit Capital, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
182,795,699
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Iconiq Capital, Index Ventures, New Enterprise Associates, Ribbit Capital, Sequoia Capital
|
||||||
09/23/2020 | Series G | $688.3MM | $xx.xx | $11.65B | 9yards Capital, Andreessen Horowitz, D1 Capital Partners, Dst Global, Founders Circle Capital, Redalpine Venture Partners, Ribbit Capital, Sequoia Capital, Sung Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
44,406,422
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
9yards Capital, Andreessen Horowitz, D1 Capital Partners, Dst Global, Founders Circle Capital, Redalpine Venture Partners, Ribbit Capital, Sequoia Capital, Sung Capital Partners
|
||||||
07/13/2020 | Series F | $600MM | $xx.xx | $8.6B | 9yards Capital, Ivp, New Enterprise Associates, Ribbit Capital, Sequoia Capital, Tsg Consumer, Unusual Ventures | |
Price per Share
$xx.xx
Shares Outstanding
48,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
9yards Capital, Ivp, New Enterprise Associates, Ribbit Capital, Sequoia Capital, Tsg Consumer, Unusual Ventures
|
||||||
07/22/2019 | Series E | $373.07MM | $xx.xx | $7.62B | Dst Global, New Enterprise Associates, Ribbit Capital, Sequoia Capital, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
29,887,357
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dst Global, New Enterprise Associates, Ribbit Capital, Sequoia Capital, Thrive Capital
|
||||||
04/04/2018 | Series D | $362.93MM | $xx.xx | $5.61B | Amplo (Spring), Arrive, Capitalg, Dst Global, Greenoaks Capital Partners, Hard Yaka, Iconiq Capital, Kleiner Perkins, New Enterprise Associates, Sequoia Capital, Techstars, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
35,774,761
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplo (Spring), Arrive, Capitalg, Dst Global, Greenoaks Capital Partners, Hard Yaka, Iconiq Capital, Kleiner Perkins, New Enterprise Associates, Sequoia Capital, Techstars, Thrive Capital
|
||||||
04/26/2017 | Series C | $110MM | $xx.xx | $1.31B | Dst Global, Greenoaks Capital, Index Ventures, Microventures, New Enterprise Associates, Proioxis Ventures, Ribbit Capital, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
43,788,180
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dst Global, Greenoaks Capital, Index Ventures, Microventures, New Enterprise Associates, Proioxis Ventures, Ribbit Capital, Thrive Capital
|
||||||
05/07/2015 | Series B | $51MM | $xx.xx | $270.06MM | Cornerstone Angels, Draper Associates, Index Ventures, Jordan Mendell, Localglobe, Machine Shop Ventures, Neotribe Ventures, New Enterprise Associates, Nkm Capital, Ribbit Capital, Social Leverage, Sound Ventures, Vaizra Ventures | |
Price per Share
$xx.xx
Shares Outstanding
80,263,020
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cornerstone Angels, Draper Associates, Index Ventures, Jordan Mendell, Localglobe, Machine Shop Ventures, Neotribe Ventures, New Enterprise Associates, Nkm Capital, Ribbit Capital, Social Leverage, Sound Ventures, Vaizra Ventures
|
||||||
09/23/2014 | Series A | $25.78MM | $xx.xx | $65.6MM | Aaron Levie, Chad Byers, Howard Lindzon, Index Ventures, Jared Leto, Jason Calacanis, Lee Linden, Nasir Jones, Ribbit Capital, Slow Ventures, Snoop Dogg | |
Price per Share
$xx.xx
Shares Outstanding
131,913,460
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aaron Levie, Chad Byers, Howard Lindzon, Index Ventures, Jared Leto, Jason Calacanis, Lee Linden, Nasir Jones, Ribbit Capital, Slow Ventures, Snoop Dogg
|