Robinhood Ventures Fund I (RVI) Announces Investments in Stripe and ElevenLabs

Investment Overview - Robinhood Ventures Fund I has closed investments in Stripe and ElevenLabs, marking its entry into the market with a focus on innovative companies in fintech and AI [2][3] - The fund began trading on the New York Stock Exchange under the symbol RVI on March 6, 2026 [2] Investment in Stripe - On March 9, 2026, Robinhood Ventures Fund I purchased $14,577,645 of Class B Common Stock of Stripe Global Holdings Inc. in secondary transactions [3] - Stripe, founded in 2010, provides a suite of financial services for businesses of all sizes, including payments and revenue management [3] Investment in ElevenLabs - On March 12, 2026, the fund acquired $19,999,971.34 of Series D Preferred Stock of ElevenLabs in a primary transaction [4] - ElevenLabs, established in 2022, focuses on AI research and products related to audio and voice, serving millions of users and thousands of businesses [4] Fund Composition - Robinhood Ventures Fund I includes a concentrated portfolio of private companies such as Airwallex, Boom, Databricks, ElevenLabs, Mercor, Oura, Ramp, Revolut, and Stripe, with plans for future additions [5] Accessibility of the Fund - Unlike traditional private market vehicles, Robinhood Ventures Fund I is designed to be accessible to retail investors, with no accreditation requirements or investment minimums [6]