Robinhood Ventures Fund I purchases $75M of common stock of OpenAI
Today, Robinhood Ventures Fund I (NYSE:RVI) announced it has closed an investment in OpenAI. On April 17, 2026 RVI purchased approximately $75 million of common stock of OpenAI.
“OpenAI is one of the frontier artificial intelligence companies, and we are incredibly proud to add them to the Fund,” said Sarah Pinto, President of Robinhood Ventures Fund I. “As one of RVI’s largest investments to date, this underscores our core mission to provide everyday investors with access to what we believe are transformative companies shaping the future.”
Robinhood Ventures Fund I, which is the first fund from Robinhood Ventures, began trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the symbol RVI.
RVI is a closed-end fund that provides investors exposure to a concentrated portfolio of private companies that now includes Airwallex, Boom, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, and Stripe, with additional companies expected to be added over time.
