Diligence memo · auto-generated · as of July 2, 2026
Robinhood Markets, Inc.
Robinhood Markets, Inc. has raised $1.4B over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Robinhood Markets, Inc. operates in Investment Vehicle, based in MENLO PARK. Trade stocks on Robinhood with commission-free investing & advanced trading tools. Access fractional shares, real-time market data, and more. Terms and fees may apply.
Sub-sector tags: crypto/web3.
Capital & rounds (filed)filed
Robinhood Markets, Inc. has raised $1.4B in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $668M on 2020-08-13.
Most recent recorded round closed around 2020-08-13.
Valuation (modeled)modeled
Provath models Robinhood Markets, Inc. at approximately $11.7B (range $5.2B–$20.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
The last round was 3.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 99% of those peers.
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.