Robinhood Lands $200M in Series G Funding

Robinhood announced a $200 million, Series G funding round from D1 Partners. The current round vaults the firm's valuation to $11.2 billion.

Robinhood is a first-of-its-kind mobile stock brokerage. Built with sophisticated, proprietary algorithms and other unique technology, Robinhood is the only mobile-first premiere stock brokerage offering unlimited commission-free trading in all US listed stocks and ETFs. By eliminating trading commissions, Robinhood's mission is to enable a new generation of people to learn about investing and better manage their wealth. Founded by three-time financial services entrepreneurs Vladimir Tenev and Baiju Bhatt, Robinhood is headquartered in Redwood City, CA and backed by top-tier venture firms including Google Ventures, Andreessen Horowitz and Index Ventures, and angel investors including Tim Draper and Howard Lindzon.