Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says

Robinhood said more than 150,000 retail investors joined the IPO of its Ventures Fund I.

The NYSE-listed fund gives everyday investors exposure to private tech companies like OpenAI, Stripe, Oura, and Databricks.

CEO Vlad Tenev said the strong turnout reflects demand for access to late-stage private-market investing.

The launch underscores Robinhood’s push to broaden investing beyond public stocks.