  MENLO PARK, Calif., March  06, 2026  (GLOBE NEWSWIRE) -- Today, Robinhood Ventures Fund I (RVI) announced the pricing of its initial public offering of 12,615,608 common shares of beneficial interest at an initial

HOOD

Robinhood Ventures Fund I (RVI) Announces Pricing of Initial Public Offering

Robinhood Ventures Fund I IPO Could Enhance HOOD's Market Position

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>MENLO PARK, Calif., March  06, 2026  (GLOBE NEWSWIRE) -- Today, Robinhood Ventures Fund I (RVI) announced the pricing of its initial public offering of 12,615,608 common shares of beneficial interest at an initial</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Robinhood Ventures Fund I announced its IPO pricing at $25 per share, with total fundraising potentially reaching $705.7 million. This expansion into private market investments could strengthen Robinhood Markets&#039; position in the retail trading space, benefiting future growth prospects for HOOD.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Robinhood Ventures Fund I prices IPO at $25 per share.</li><li>The fund aims to raise up to $705.7 million.</li><li>Shares will trade on NYSE starting March 6, 2026.</li><li>Robinhood Ventures is a wholly owned subsidiary of Robinhood Markets.</li><li>IPO marks expanded access to private market investments for retail investors.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Robinhood Markets, Inc. (HOOD)</strong>: The IPO of RVI may enhance HOOD&#039;s market perception and investor sentiment.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it involves an IPO linked to a subsidiary of HOOD, impacting its broader market strategy and investor relations.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Strong demand for RVI IPO may boost investor confidence in Robinhood.</li><li>A successful fund launch can enhance liquidity for Robinhood Markets.</li><li>Increased retail investor interest in private markets could enhance HOOD&#039;s user engagement.</li><li>Robinhood&#039;s strategy shift towards private investments may positively influence future revenues.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>RVI&#039;s IPO priced at $25 per share with 12,615,608 shares offered.</li><li>Total fund size can reach $705.7 million with underwriters&#039; option.</li><li>Shares start trading on NYSE March 6, 2026, under symbol RVI.</li><li>Robinhood Ventures is a subsidiary of Robinhood Markets, Inc.</li><li>Underwriter Goldman Sachs &amp; Co. LLC acting as sole bookrunner.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying HOOD stock in anticipation of positive sentiment from the IPO.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="center"><img alt="Robinhood Ventures Fund I" height="305" src="https://ml.globenewswire.com/Resource/Download/81d291e8-1f90-4ea4-acde-2fc32c943dc3/image1.png" width="600" data-dpi="96" data-caption="Robinhood Ventures Fund I (RVI) Announces Pricing of Initial Public Offering" data-filename="image1.png"></img><br></br></p>  <p>MENLO PARK, Calif., March  06, 2026  (GLOBE NEWSWIRE) -- Today, Robinhood Ventures Fund I (RVI) announced the pricing of its initial public offering of 12,615,608 common shares of beneficial interest at an initial public offering price of $25.00 per share, bringing the total size of the Fund to $658.4 million (or up to $705.7 million if the underwriter's option to purchase additional common shares is exercised in full.) The total fund size is calculated before deducting the sales load and offering expenses. All of the shares are being offered by RVI. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the symbol RVI, and the offering is expected to close on March 9, 2026, subject to the satisfaction of customary closing conditions.</p>  <p>RVI has granted the underwriter a 30-day option to purchase up to an additional 1,892,341 common shares of beneficial interest.</p>  <p>RVI is a closed-end fund that provides retail investors exposure to a concentrated portfolio of private companies. Investors can learn more by reading the registration statement.</p>  <p>Goldman Sachs &amp; Co. LLC is acting as sole bookrunner for the offering.</p>  <p>A registration statement relating to the sale of common shares of beneficial interest of Robinhood Ventures Fund I was declared effective by the Securities and Exchange Commission on March 5, 2026.</p>  <p>This offering is being made only by means of a final prospectus. Copies of the final prospectus related to the offering, when available, may be obtained by contacting Goldman Sachs &amp; Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, or by emailing <a href="https://www.globenewswire.com/Tracker?data=NxoocnizssnVPicVE9RyK02RE0vZYv4PaQLENfxtnbF70y9rQJrDINHe1GbnKMVNUU5iC2lglS3BHPZdhP6MKjCWH_7BH2EMDo_phOmHUPS8wfcRSpXBTHcZS5jOhfqg" rel="nofollow" target="_blank"><u>prospectus-ny@ny.email.gs.com</u></a>; or from RVI by emailing <a href="https://www.globenewswire.com/Tracker?data=ApxsObKj8H1Av8UuWvjtUr1LaS8JVaRd9gEz_eMsevvudOdeLOQorFoOuybvWQi8NS_yv0AifKY0v86o-Tiu70arPsOfDAona4mTi6DVfIp7v5DGbznWP9Na9ApOisodCDlA3GM9s-CpR8zMghEOcg==" rel="nofollow" target="_blank"><u>corporate-legal-group@robinhood.com</u></a>. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of RVI before investing. The prospectus, which contains this and other information about RVI, should be read carefully before investing.</p>  <p>This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p><em>Disclosures: </em></p>  <p><em>An investment in the Fund is speculative and involves a high degree of risk with substantial risk of loss.</em></p>  <p><em>Robinhood Ventures is the investment adviser for RVI. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an SEC-registered investment adviser and a wholly owned subsidiary of Robinhood Markets, Inc.</em></p>  <p><strong><em>Forward-Looking Statements</em></strong></p>  <p><em>This communication includes "forward looking statements," including with respect to the completion of RVI's initial public offering and the expected listing of RVI's shares on the New York Stock Exchange under the symbol "RVI." These statements also include statements regarding RVI's objectives to expand access to private markets and other statements that are not historical facts. You can sometimes identify forward-looking statements through the use of words or phrases such as "will," "expect," "anticipated," "aim," "intended," or similar words and expressions of the future. Forward-looking statements involve known and unknown risks, uncertainties and assumptions, including the risks outlined under "Risks" in the preliminary prospectus and elsewhere in RVI's filings with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. RVI and Robinhood have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.</em></p>  <p><em>5281214</em></p>  <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=92NMLAundJGEu3r4ieWKVqLk_7a4dO5lzPsKj9nH3_4OEwqAJwILVDNoh1Lt09xJ9DxYRwu5tybJUvpQs_ORxOhk4iZnB37s4RPGYVyh7qnte7EJ5rc_ZjCLDHw-plbbKrDdfJhbiSmkxSaZ9BTMXmAQgARyTPzf4ezkWnF0tNbxj3zYWV-4NHPkN_uaxNI4eUHKZlxZr2yMDkgMlLhkrbYPLrBe6U-9TRtYMnUbngDWw9uR7lQNR3m-Qdjfd2X1O5T3M5lxPANqyg9p6OIr_A==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/81d291e8-1f90-4ea4-acde-2fc32c943dc3</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2NzMxOCM3NDcxNTcwIzIyMDYyNDA="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZDQ4ODBlOGMtZjY1My00MWY2LWIxOTEtMjM3YjU0ZGQ3YzAzLTEyMTc3OTMtMjAyNi0wMy0wNi1lbg==/tiny/Robinhood-Markets-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/502e2c24-b781-466b-8147-98b8d6e5a95a"><img src="https://ml.globenewswire.com/media/502e2c24-b781-466b-8147-98b8d6e5a95a/small/rh-lockup-black-png.png" border="0" width="150" height="29" alt="Primary Logo"></img></a></p>

Robinhood Ventures Fund I announced its IPO pricing at $25 per share, with total fundraising potentially reaching $705.7 million. This expansion into private market investments could strengthen Robinhood Markets' position in the retail trading space, benefiting future growth prospects for HOOD.

Robinhood Ventures Fund I (RVI) Announces Pricing of Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News