Robinhood Ventures Fund Invests $20M in ElevenLabs and $14.6M in Stripe
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StartupHub.ai
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Summary
Robinhood Ventures Fund I (RVI) has invested $19.9 million in AI audio startup ElevenLabs (Series D Preferred Stock) and $14.6 million in Stripe (Class B Common Stock). The fund, which began trading on the NYSE under the symbol RVI on March 6, 2026, aims to provide retail investors with exposure to private market leaders that are typically only accessible to institutional investors.
Key quotes
· 3 pulledRobinhood Ventures Fund I (RVI) has announced significant investments in two high-profile tech companies: AI audio startup ElevenLabs and financial infrastructure giant Stripe.
The fund disclosed its acquisition of $19.9 million in Series D Preferred Stock for ElevenLabs in a primary transaction.
This move underscores RVI's strategy to offer retail investors exposure to emerging private market leaders.
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