Tech Company Financing Transactions

Robinhood Funding Round

Robinhood, based in Redwood City, raised $50 million from New Enterprise Associates, Index Ventures and Rainfall Ventures.

Transaction Overview

Company Name
Announced On
5/7/2015
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

New Enterprise Associates (Lead Investor) (Kittu Kolluri)

Index Ventures (Jan Hammer)

Rainfall Ventures

Ribbit Capital

Social Leverage (Howard Lindzon)

Proceeds Purpose
In addition to enabling us to grow our team and support more platforms and brokerage features, this new capital will fuel international expansion so that one day, everyone will have the opportunity to experience Robinhood. Today, we're announcing Australia as our first international market. Robinhood will soon begin the regulatory approval process and announce timing of the launch later this year.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1700 Seaport Blvd. 200
Redwood City, CA 94063
USA
Phone
Undisclosed
Email Address
Overview
Our mission is to democratize access to the financial markets using technology that was once reserved for the wealthy.
Profile
Robinhood LinkedIn Company Profile
Social Media
Robinhood Company Twitter Account
Company News
Robinhood News
Facebook
Robinhood on Facebook
YouTube
Robinhood on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Baiju Bhatt
  Baiju Bhatt LinkedIn Profile  Baiju Bhatt Twitter Account  Baiju Bhatt News  Baiju Bhatt on Facebook
Co-Founder
Vladimir Tenev
  Vladimir Tenev LinkedIn Profile  Vladimir Tenev Twitter Account  Vladimir Tenev News  Vladimir Tenev on Facebook


 

 

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Where The Data Comes From

We report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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