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Robinhood Launches Ventures Fund Amid Strong Q3 Revenue

11/11/2025

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Story summary
  • Robinhood has filed to launch Robinhood Ventures Fund I to access private AI startups.
  • Robinhood CEO Vlad Tenev says the fund will broaden access for everyday investors amid growth concerns.
  • The fund's closed-end structure could limit liquidity, as shares may not be easily sold.
  • Robinhood posted a strong Q3 with revenue doubling to $1.27 billion, but stock fell 11% due to lower-than-expected crypto revenue.