Robinhood Ventures Fund I Expands Portfolio with Strategic Investments in Stripe and ElevenLabs

Sarah Pinto, President of Robinhood Ventures Fund I, expressed enthusiasm about the new investments, stating, “We’re excited to add Stripe and ElevenLabs to Robinhood Ventures Fund I and are proud to offer retail investors access to these frontier companies. They are helping shape the future of fintech and AI, and reflect RVI’s focus on investing in innovative companies operating at the forefront of their industries.” This sentiment underscores Robinhood's commitment to fostering innovation and providing retail investors with opportunities previously reserved for accredited investors.

The first notable investment was in Stripe Global Holdings Inc., a renowned financial services company that has been a key player in the industry since its inception in 2010. On March 9, 2026, RVI acquired $14,577,645 worth of Class B Common Stock in secondary transactions. Stripe, which operates with dual headquarters in South San Francisco and Dublin, Ireland, offers a comprehensive suite of products and services that cater to businesses of all sizes. From startups to publicly traded companies, Stripe facilitates payments, revenue management, and money management, establishing itself as an essential tool in the evolving landscape of digital finance.

The second investment, finalized on March 12, 2026, involved an aggregate purchase of $19,999,971.34 in Series D Preferred Stock of ElevenLabs. Founded in 2022 and based in London, UK, ElevenLabs specializes in artificial intelligence research, particularly focusing on audio, voice, and realistic speech technologies. The company has rapidly gained traction, serving millions of users and thousands of businesses through its three main platforms:

This investment aligns with RVI’s strategic aim of investing in cutting-edge technologies that are set to redefine industries.

Robinhood Ventures Fund I is a closed-end fund designed to offer investors exposure to a concentrated portfolio of innovative private companies. Currently, RVI includes names such as Airwallex, Boom, Databricks, ElevenLabs, Mercor, Oura, Ramp, Revolut, and now Stripe. The fund is notable for its accessibility; it has no accreditation requirements or investment minimums, along with competitive management fees and no performance fees, making it an attractive option for retail investors looking to venture into private markets.

In a move to ensure transparency and accessibility, RVI utilizes the “Announcements” section of its website and the Robinhood Newsroom to disclose material information publicly, adhering to SEC Regulation Fair Disclosure (Reg. FD). Investors are encouraged to monitor these channels regularly for updates about the fund’s portfolio and performance.

The investments in Stripe and ElevenLabs represent a strategic expansion for Robinhood Ventures Fund I, reinforcing the fund's mission to democratize investment opportunities in innovative sectors. As the fintech and AI landscapes continue to evolve, Robinhood’s commitment to providing retail investors with access to pioneering companies signifies a transformative approach in the investment space. As RVI continues to grow and evolve, it sets a precedent for future investment vehicles aiming to bridge the gap between retail investors and private market opportunities.