Robinhood Ventures Fund I invested $75M in OpenAI, adding it to a portfolio that includes Stripe, Revolut, Databricks, and ElevenLabs

by | Apr 22, 2026 | E-commerce News

Robinhood Ventures Fund I, a closed-end fund that began trading on the NYSE in March 2026 under the ticker RVI, announced a $75M investment in OpenAI, making it one of the fund's largest investments to date and adding it to a portfolio that also includes Airwallex, Databricks, ElevenLabs, Oura, Ramp, Revolut, Stripe, and others. RVI is designed to give retail investors access to private market companies without accreditation requirements or investment minimums, addressing what Robinhood calls a growing gap between public and private markets as the number of publicly traded U.S. companies has fallen from roughly 7,000 in 2000 to about 4,000 in 2025. The fund's president Sarah Pinto described OpenAI as one of the frontier AI companies and said the investment underscores RVI's mission to provide everyday investors access to transformative private companies.

Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.

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