Robinhood Launches $658.4M Venture Fund on NYSE

Retail investors gain rare access to high-profile private tech companies

Published on Mar. 8, 2026

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Robinhood, the popular trading app, has launched a $658.4 million venture capital fund that will allow retail investors to invest in privately held technology companies. The fund, which initially traded under the ticker 'RVI', has investments in firms like Databricks, Ramp, and Revolut. This provides everyday investors a chance to access the thriving private markets where valuations have soared in recent years, an opportunity previously limited to large institutional investors.

Why it matters

The launch of Robinhood's venture fund represents a significant shift in the investment landscape, democratizing access to high-profile private companies that have traditionally been off-limits to the general public. This move could have broader implications for the venture capital industry and the ability of retail investors to participate in the growth of promising startups.

The details

Robinhood CFO Shiv Verma stated that the fund is focused on 'industry-leading late-stage companies that are much less risky' than early-stage startups. The fund's initial investments include software startup Databricks, fintech firm Ramp, and financial services company Revolut. While the fund is susceptible to the ups and downs in the valuation of individual companies, Verma noted that the closed-end structure of the fund means investors 'are not forced to sell' during periods of volatility.

  • Robinhood launched its venture fund on the New York Stock Exchange on Friday, March 8, 2026.
  • Databricks surged in valuation to $134 billion in February 2026.
  • Ramp was valued at $32 billion in November 2025.

The players

Robinhood

A popular trading app that has expanded into a wider range of financial services, with a market capitalization of over $72 billion.

Shiv Verma

The Chief Financial Officer of Robinhood, who spoke about the company's new venture fund in an interview with Reuters.

Databricks

A software startup in which Robinhood's venture fund has invested, with a valuation of $134 billion as of February 2026.

Ramp

A fintech company in which Robinhood's venture fund has invested, with a valuation of $32 billion as of November 2025.

Revolut

A financial services firm in which Robinhood's venture fund has invested.

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What they’re saying

“There is a big gap in the market where the retail customer cannot access private assets.”

— Shiv Verma, CFO, Robinhood (Reuters)

“These are great investments, they're going to do well, and if there's some short-term volatility in the interim, because it's a closed-end fund, you're not forced to sell.”

— Shiv Verma, CFO, Robinhood (Reuters)

What’s next

Robinhood's venture fund has the potential to expand into other areas such as energy, robotics, aerospace, and defense, according to Verma.

The takeaway

Robinhood's launch of a venture capital fund on the NYSE represents a significant shift in the investment landscape, providing retail investors with rare access to high-profile private technology companies. This move could have broader implications for the venture capital industry and the ability of everyday investors to participate in the growth of promising startups.