Robinhood Ventures Fund I closed a $75 million purchase of OpenAI common stock on April 17, 2026.
Sarah Pinto, President of RVI, said the deal is one of the fund’s largest investments, highlighting its mission to democratize finance.
The investment reflects a booming private‑market sector, with US private firms valued over $10 trillion in Q1 2025 and outnumbering public firms 6.5‑to‑1.
Publicly listed US companies fell from about 7,000 in 2000 to roughly 4,000 in 2025, underscoring the shift to private ownership.