Robinhood Raises $323M to Democratize Finance For All
Series E Funding Led by DST Global
We’re focused on building products and services that expand access to our financial system. Since May of last year, we’ve launched our own clearing system, Clearing by Robinhood; rolled out a new Robinhood Gold experience including Nasdaq Level 2 Market Data; and introduced multi-leg options strategies. We also acquired Robinhood Snacks to bring people digestible financial news; grew our management team, including leaders for operations and finance; and expanded Robinhood Crypto to more than 30 states.
Today, Robinhood is announcing a $323M Series E financing at a $7.6B valuation. This round was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital.
We’ll use the funding to keep pursuing our mission of democratizing finance for all.
Robinhood means Robinhood Markets, Inc. and its subsidiaries, including Robinhood Financial LLC, Robinhood Securities, LLC and Robinhood Crypto, LLC.