At Robinhood, we’re guided by the belief that America’s financial system should work for everyone – not only the wealthy.
We released a web platform with research and discovery tools, introduced commission-free options trading, and launched Robinhood Crypto, with commission-free cryptocurrency trading, now available in 10 states.
Our platform has also grown significantly, reaching over four million users, cementing Robinhood Financial as the fastest-growing brokerage ever.
On the heels of this growth, we recently raised $363 million in capital, valuing Robinhood at $5.6 billion.
The Series D round of funding was led by DST Global, with participation from new investors Iconiq, Capital G, Sequoia Capital, and Kleiner Perkins.
We’ll deploy the capital by accelerating our product expansion even more, investing in our infrastructure and operations, and hiring more world-class talent to join us along the way.
Stay tuned for updates on new products and features, as well as trading availability for Robinhood Crypto.