Robinhood Ventures Fund I invests in Stripe and ElevenLabs
Robinhood's venture fund empowers retail investors to access high-growth tech firms like Stripe and ElevenLabs.
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Add us on Google by Vivian Nguyen Mar. 17, 2026Robinhood Ventures Fund I, Robinhood’s first publicly traded closed-end venture fund, has invested in payments giant Stripe and artificial intelligence audio company ElevenLabs.
Robinhood Ventures Fund I, trading under the ticker RVI, committed over $34 million across two deals. The fund acquired roughly $14.6 million worth of Stripe Global Holdings Class B common stock through secondary market transactions on March 9.
Three days later, RVI committed nearly $20 million to ElevenLabs’ Series D preferred stock in a primary financing round.
“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,” said Sarah Pinto, President of Robinhood Ventures Fund I. “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.”
The investments reflect RVI’s dual focus on an established fintech infrastructure and emerging artificial intelligence capabilities.
Stripe, founded in 2010 with headquarters in both South San Francisco and Dublin, provides programmable financial services spanning payments processing, revenue management, and treasury operations to businesses ranging from early-stage startups to publicly traded corporations.
ElevenLabs, established in 2022 and headquartered in London, develops AI-powered audio and speech synthesis technology to serve millions of individual users alongside thousands of enterprise customers.
RVI began trading on the NYSE on March 6, establishing itself as a novel mechanism for ordinary investors to gain exposure to high-growth private technology companies.
The closed-end fund structure allows shares to trade on public exchanges while the underlying portfolio remains concentrated on pre-IPO ventures. This approach sidesteps traditional barriers that have historically limited private market participation to accredited investors and institutional allocators.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
