- The investor is D1 Capital Partners L.P., the two-year-old New York-based global investment firm that deploys capital in public and private markets
- Then the latest funding round seen as a step toward an initial public offering (IPO) by the company
- For seven years, the team at Robinhood has focused also on enabling more access to the markets for more people
- Robinhood said it is planning to hire “hundreds” of registered financial services representatives this year in Southlake, Texas, and Tempe, Arizona
- The investors listed by Robinhood as backing the first part of the latest round were Sequoia Capital, NEA, Ribbit Capital, 9Yards Capital and Unusual Ventures
- The latest funding comes one month after the startup added $320M to a funding round disclosed in May
Robinhood: Closes On $200M In Funding, Valuation Now $11B
