Announced
Completed
Financials
Sources
Tags
Private Equity
Diversified Financials
Acquisition
financial services
Venture Capital
Private
Minority
United States
Friendly
Single Bidder
Domestic
Completed
Synopsis
Sequoia Capital led a $600m Series F round for Robinhood, a US-based financial services company, at an $8.6bn valuation. NEA, Ribbit Capital, 9Yards Capital, Unusual Ventures, IVP and TSG Consumer Partners also participated in the funding round. “Robinhood has made the financial markets accessible to the masses, and in turn, revolutionized the decades-old brokerage industry. We’re excited to further our relationship with Robinhood, which we believe is at the beginning of its opportunity,” Andrew Reed, Sequoia Partner.
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