TLDR
- Robinhood Ventures Fund I bought about $75 million of OpenAI common stock.
- The purchase was completed on April 17 and became one of RVI’s largest positions.
- RVI trades on the NYSE and gives retail investors access to private companies.
- OpenAI closed a 2026 funding round that valued the company at $852 billion.
- RVI’s portfolio also includes Stripe, Databricks, Revolut, Ramp, and ElevenLabs.
Robinhood’s venture fund has bought about $75 million of OpenAI stock. The deal ranks among the fund’s biggest investments so far. It also adds one of the best-known AI companies to a portfolio built for retail investors.
The purchase was completed on April 17. Robinhood Ventures Fund I, or RVI, said the holding gives everyday investors more access to private companies. The fund trades on the New York Stock Exchange under the ticker RVI.
Robinhood adds OpenAI to a growing private company portfolio
Robinhood Ventures Fund I announced the purchase on Wednesday. The fund bought common stock in OpenAI worth about $75 million. The company said OpenAI is now one of the fund’s largest positions.
RVI is Robinhood’s first publicly traded closed-end venture fund. It was built to offer access to private firms without accreditation rules. The company also said there are no investment minimums and no performance fees.
$HOOD says Robinhood Venture Fund has closed an investment in OpenAI worth roughly $75M. pic.twitter.com/QXEe5KHes2
— Polymarket Money (@PolymarketMoney) April 22, 2026
OpenAI now joins several other private companies in the fund. The list includes Airwallex, Boom, Databricks, ElevenLabs, Mercor, Oura, Ramp, Revolut, and Stripe. The OpenAI position adds more weight to the fund’s focus on artificial intelligence.
Sarah Pinto, president of Robinhood Ventures Fund I, commented on the purchase. She said, “OpenAI is one of the frontier artificial intelligence companies.” She also said the buy fits the fund’s goal of giving investors access to companies shaping future markets.
Deal follows earlier tensions over tokenized OpenAI shares
The purchase comes after past friction between Robinhood and OpenAI. Last summer, Robinhood offered European users tokenized shares tied to OpenAI and SpaceX. That move drew criticism from OpenAI and Sam Altman, according to CNBC.
OpenAI argued at the time that those tokens did not provide actual equity ownership. That point became central to the disagreement. The new purchase is different because RVI bought common stock in OpenAI.
That change matters for investors watching private market products. Tokenized exposure can differ from direct ownership. In this case, Robinhood said the fund now holds actual OpenAI stock.
The move may also help Robinhood answer doubts raised by the earlier dispute. A direct stock purchase gives the fund a clearer link to OpenAI. It also places the investment inside a public fund structure.
Private market access remains central to Robinhood’s strategy
RVI began trading on the NYSE on March 6, 2026. Robinhood Ventures manages the fund through Robinhood Ventures DE, LLC. Robinhood Markets owns that adviser as a wholly owned subsidiary.
Robinhood said the fund reflects a wider shift in U.S. capital markets. The number of public companies fell from about 7,000 in 2000 to about 4,000 in 2025. At the same time, more large firms have stayed private for longer.
The company also said private firms with more than $100 million in last 12-month revenue outnumber public companies by more than six to one. It added that U.S. private firms were valued above $10 trillion in the first quarter of 2025. Those figures support Robinhood’s push into private market access.
OpenAI’s scale also adds context to the purchase. The company closed a funding round earlier in 2026. That round brought its post-money valuation to $852 billion, based on the source text.
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