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New Deal


Announced

Completed

D1 Capital Partners led a $660m Series G round in Robinhood.

Financials

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Transaction Value£516m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

financial services

Diversified Financials

United States

Private Equity

Private

Single Bidder

Acquisition

Venture Capital

Minority

Friendly

Synopsis

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D1 Capital Partners, a global investment firm that deploys capital in both public and private markets, led a $660m Series G round in Robinhood, an American financial services company headquartered in Menlo Park, California. The round gave Robinhood an $11.7bn valuation. The round saw an additional $460m investments from Andreessen Horowitz, Sequoia, DST Global, Ribbit Capital, and 9Yards Capital. "We believe investing at its core is a democratic concept — it allows people to take part in the success of a company or sector they believe in. With our latest round of funding, we’ll continue empowering people in their financial lives and enabling a more democratic financial system," Robinhood.

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