Robinhood Ventures puts $25 million into AI design tool Canva
After recently investing $75 million into OpenAI, US neobroker Robinhood Markets (NASDAQ:HOOD) has announced that its Robinhood Ventures Fund I (NYSE: RVI) unit has closed an investment in online AI design and publishing tool Canva. On June 24, 2026 RVI purchased approximately $25 million of Class A Common Stock of Canva.
Sarah Pinto, President of Robinhood Ventures Fund I said,
“We believe Canva is one of the world’s most compelling design platforms, and this investment is a milestone we are truly thrilled about. With its mission to put the power of design in everyone’s hands, Canva represents the kind of category-defining company our investors deserve access to.”
Kelly Steckelberg, Chief Financial Officer of Canva said,
“We’re pleased to welcome Robinhood Ventures Fund I as an investor and to see more retail investors gain the opportunity to participate in our growth journey. This has been our biggest year yet, with more than a quarter of a billion people now using our platform every month. As we continue to accelerate our investment in building the world’s best visual AI tools, we believe we’re still in the very early stages of the opportunity ahead.”
About Canva
Launched in 2013, Canva is the world’s leading all-in-one platform for visual communication and collaboration. Built to empower everyone to design, Canva serves the creative and design needs of enterprises, small businesses, consumers, and students in more than 190 countries worldwide. Used by more than 250 million people every month, Canva is powered by a suite of products and proprietary AI tools that elevate how individuals and teams create, collaborate, and communicate with ease.
About Robinhood Ventures Fund I
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 primarily private companies that now includes Airwallex, Boom, Canva, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, SpaceX and Stripe, with additional companies expected to be added over time.
Unlike many traditional private market vehicles, RVI is designed to be accessible to retail investors, with no accreditation requirements, no investment minimums, a competitive management fee, and no performance fees.
For too long, private markets have been out of reach to everyday investors, and RVI aims to expand access to this important and often closed-off part of the market. Giving retail investors the opportunity to get exposure to frontier companies is one of the most powerful ways RVI can help further Robinhood’s mission to democratize finance for all.
