Robinhood Debuts $658.4M Venture Fund on NYSE Under Ticker RVI

Robinhood Ventures Fund I (RVI) priced its initial public offering at $25.00 per share for 12,615,608 common shares, creating a fund valued at $658.4 million. With the underwriter's option to purchase additional shares exercised in full, the total size could reach $705.7 million.

The fund began trading on the New York Stock Exchange on Friday under the ticker RVI, offering retail investors access to stakes in privately held technology companies. Holdings named in coverage include financial services firm Revolut and software company Databricks.

On its first day of trading, the fund fell about 11%, a decline noted amid broadly challenging conditions in public markets.

The fund provides retail investors exposure to privately held technology companies—reportedly including firms such as Revolut and Databricks—by holding shares of those private companies within a publicly traded vehicle.

The IPO priced the fund at $658.4 million. If the underwriter's option to buy additional shares (the

Coverage notes the fund fell about 11% on day one; reporting links the decline to a difficult overall environment for public markets rather than a specific company announcement.

The fund is listed on the New York Stock Exchange and trades under the ticker RVI.

GlobeNewsWire

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...

Market Watch

The Robinhood Ventures Fund I was listed on the New York Stock Exchange Friday morning.

Reuters

Robinhood debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday, offering retail investors a rare chance to invest in high-profile, privately held technology companies.

Benzinga

Robinhood (NASDAQ: HOOD) has launched its $658.4 million venture fund on the New York Stock Exchange.

CNBC

The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. However, the launch comes during a tough time for public markets.

Invezz

Robinhood stock price has staged a cautious recovery this week, reaching its highest point since February 10. Most of these gains happened on Wednesday as the broader stock and crypto markets rose, and after Cathie Wood revealed that she added into her position.

TechCrunch

Retail investors are famously locked out of the startup world. Robinhood is attempting to change that by allowing the general public to invest in a portfolio of what it calls “some of the most exciting private companies operating today.

Seeking Alpha

Robinhood has launched a venture-focused closed-end fund, Robinhood Ventures Fund I (RVI), marking its expansion into asset management. A new credit product was also launched. The CEF is highly concentrated, with Databricks (23.34%), Revolut (14.30%), and Mercor (14.23%) as its largest holdings. RVI...

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