Robinhood

About

Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.

Menlo Park,California,United States
1001 - 5000
https://www.robinhood.com

Highlights

Details

Last Funding Type: Post-IPO Secondary
Last Funding Money Raised: $648.29M
Industries: Cryptocurrency,FinTech,Stock Exchanges,Trading Platform
Founded date: Jan 1, 2013
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nasdaq:HOOD
Legal Name: Robinhood Financial, LLC

Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.

The startup offers equity, cryptocurrency, and options trading, as well as cash management accounts. It also provides a stock brokerage platform that democratizes access to the financial markets and aims to make people comfortable storing money and trading stocks using its application.

Vladimir Tenev and Baiju Bhatt established the company in Menlo Park, California in 2013.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

29

$8.32B

Robinhood has raised a total of $8.32B in funding over 2 rounds. Their latest funding was raised on May 13, 2022 from a Post-IPO Secondary round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 13, 2022	Post-IPO Secondary	$648.29M	1	Emergent Fidelity Technologies	—	Detail
Jul 29, 2021	IPO	$2.10B	—	—	—	Detail
Jul 22, 2021	Series A	—	1	—	—	Detail
Feb 1, 2021	Convertable Note	—	1	—	—	Detail
Feb 1, 2021	Secondary Market	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

14

81

Robinhood is funded by 81 investors. Emergent Fidelity Technologies and Ribbit Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Emergent Fidelity Technologies	Yes	Post-IPO Secondary
Ribbit Capital	Yes	Private Equity（PE）
IVP	Yes	Series F
TSG Consumer Partners	Yes	Series F
SharesPost Investment Management	Yes	Secondary Market
Hedonova	—	Series A
Friends & Family Capital	—	Convertable Note
Rockpool Capital	—	Secondary Market
9Yards Capital	—	Private Equity（PE）
Andreessen Horowitz	—	Private Equity（PE）

Employee Profiles

Number of Employee Profiles

78

Robinhood has 78 current employee profiles, including Employee Scott Matsumoto

Employee

Employee

Employee

Executive

Board member

Acquisition

Robinhood has acquired 5 organizations. Their most recent acquisition was MarketSnacks on Mar 25, 2019. They acquired MarketSnacks for 0.

Date Company Name	Industry	Acquisition Type	Price
Mar 25, 2019 MarketSnacks	News	acquisition	—	Detail
Mar 15, 2021 Binc	Human Resources	acquisition	—	Detail
Aug 10, 2021 Say	Financial Services	acquisition	$ 140M	Detail
Dec 14, 2021 Cove Markets	Trading Platform	acquisition	—	Detail
Apr 19, 2022 Ziglu	Banking	acquisition	—	Detail