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)
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
Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to democratize access to the financial markets using technology that was once reserved for the wealthy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Baiju Bhatt
Co-Founder
Vladimir Tenev
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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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