Robinhood

company

About

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

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

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