Robinhood Ventures Fund I Announces Initial Public Offering

On February 17, 2026, Robinhood Ventures Fund I (RVI) made a significant announcement regarding its upcoming initial public offering (IPO) of common shares. The firm has filed a registration statement on Form N-2 with the U.S. Securities and Exchange Commission (SEC) to offer 40,000,000 common shares of beneficial interest. The anticipated initial public offering price is set at $25 per share, marking a pivotal moment for RVI as it seeks to broaden its capital base and expand its investment capabilities.

Of the 40,000,000 common shares being offered, 35,000,000 shares are being sold by RVI itself, while the remaining 5,000,000 shares will be offered by Robinhood Markets, Inc., which acts as the Selling Shareholder. This dual structure allows RVI to raise capital while also providing liquidity for Robinhood Markets.

In a strategic move to enhance the offering, RVI plans to grant the underwriter a 30-day option to purchase an additional 6,000,000 common shares. This option could potentially increase the total capital raised, depending on market demand and investor interest.

The shares from this IPO are expected to be listed on the New York Stock Exchange (NYSE) under the ticker symbol RVI. This listing is anticipated to attract a broad range of investors, particularly those looking to engage with a firm closely linked to the burgeoning fintech sector.

Investors and interested parties can gain deeper insights into RVI's strategic vision by tuning in to a livestreamed presentation today at 10 a.m. PT / 1 p.m. ET. The presentation will feature key executives including Robinhood Markets CEO Vlad Tenev, CFO Shiv Verma, and RVI President Sarah Pinto. The livestream will be accessible through the Robinhood app, X, and YouTube, providing an opportunity for a wider audience to engage with the company’s leadership.

Goldman Sachs & Co. LLC is serving as the sole bookrunner for this proposed offering. While the registration statement has been filed with the SEC, it has not yet become effective. The company emphasizes that securities may not be sold, nor may offers to buy be accepted, prior to the effectiveness of the registration statement.

Investors are encouraged to consider the investment objectives, risks, and expenses associated with RVI before investing. The prospectus, which will form part of the registration statement, will provide comprehensive information about RVI and its offerings.

The launch of Robinhood Ventures Fund I’s IPO signals an exciting development in the financial markets, particularly within the fintech landscape. With the backing of a well-known entity like Robinhood Markets, RVI aims to capitalize on emerging investment opportunities while providing liquidity for its stakeholders. As the roadshow begins and the details of the offering unfold, all eyes will be on how the market responds to this latest entry in the competitive investment arena.