Robinhood raises $200 million in Series G funding
Investment startup Robinhood announced a $200 million Series G funding at an $11.2 billion valuation from D1 Capital Partners.
Established in 2013, the Menlo Park, CA-fintech offers commission-free trading for stocks, ETFs, options, and cryptocurrencies and employes over 1,400 people. It has previously raised $1.5 billion across 13 rounds of financing from several investors including Sequoia Capital, DST Global, Ribbit Capital, and New Enterprise Associates.
“We’ve seen evidence that people are taking time to learn more about the markets: average unique daily visits to our Learn resources are up more than 250% since January. We’ve published more than 650 articles on Learn, which provides easily-digestible information on the basics of investing, market trends, and financial terms.” – Robinhood.
