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The Venture Codex

Robinhood

85 Willow Rd, Menlo Park, CA, 94025, United States

Overview

Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission. The startup offers equity, cryptocurrency, and options trading, as well as cash management accounts. It also provides a stock brokerage platform that democratizes access to the financial markets and aims to make people comfortable storing money and trading stocks using its application.

Total investments
7
Lead investments
1
Investments · 12mo
5
Active investors
9

Sector focus

  • Cryptocurrency
  • FinTech
  • Stock Exchanges
  • Trading Platform
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Investment portfolio

  • ElevenLabs

    Led · Series D · May 2026

    ElevenLabs builds AI voice models and provides voice-as-a-service offerings aimed at enterprise customers, including multilingual automation and in-network AI agent use cases. The company has secured enterprise contracts with customers such as Deutsche Telekom, Revolut, and Klarna. ElevenLabs reported rapid revenue growth, ending last year with nearly $350 million in ARR, adding $100 million in net new ARR in Q1 2026 to reach roughly $450 million, and later surpassing $500 million in ARR. Its valuation climbed from $6.6 billion in September to $11 billion in February. The startup recently acquired the team from Polish voice AI startup Papla to bolster its research capabilities. It has also completed a $100 million tender and is enabling retail investment via Robinhood Ventures as part of its fundraising activity.

  • Bluprynt

    Participated · Seed · Feb 2026

    Bluprynt has built a compliance OS that unifies traditional financial-services regulations with blockchain-native transparency, enabling issuers, banks, stablecoin operators, and other institutions to meet supervisory standards without slowing transaction speed. The platform supplies core primitives for document and disclosure creation, verifiable issuer and asset identity, and policy infrastructure that governs token transactions at scale. Since launch, Bluprynt completed the EU’s first MiCA pilot in 2024 and debuted its Know Your Issuer (KYI) solution in 2025 through pilots with Paxos and Circle covering USDC and PYUSD. The company is now developing a multi-participant compliance stack with Chainlink, Apex, and Hacken under the Bermuda Monetary Authority and expects to be integrated into or piloting with additional regulators worldwide by year-end. Bluprynt counts major traditional-finance and crypto players among its design partners, reflecting growing institutional demand for on-chain compliance tools. Proceeds from its latest financing will accelerate product and engineering hiring, expand integrations across off-chain and on-chain ecosystems, and support global regulatory deployments. Financial metrics such as revenue or user counts were not disclosed, but the oversubscription of the recent seed round signals strong market interest in its solution.

  • Talos

    Participated · Series B · Jan 2026

    Talos offers a unified platform that connects institutional investors to exchanges, OTC desks, prime brokers, lenders and custodians for liquidity sourcing, price discovery, trading, settlement and portfolio management. Its software-as-a-service tools are engineered to meet institutional requirements for performance, safety and reliability across front-, middle- and back-office workflows. Over the past two years the company has roughly doubled both revenue and its client base annually, underscoring accelerating institutional adoption. Talos has widened its capabilities through the acquisitions of Coin Metrics, Cloudwall, Skolem and D3X Systems, adding data, risk management, DeFi infrastructure and portfolio engineering functionality. Looking ahead, the firm plans to broaden its product set from portfolio construction and risk management to treasury and settlement, and to support traditional asset classes as they migrate onto digital rails. Headquartered in New York, Talos positions itself as the foundational infrastructure layer for the next generation of financial markets.

  • Gopuff

    Participated · Equity · Nov 2025

    Founded in 2013, Gopuff operates a vertically integrated network of micro-fulfillment centers across the U.S. and U.K., using proprietary technology and a hyper-local logistics system to enable truly instant delivery at scale. The service offers over 5,000 SKUs, ranging from fresh groceries to household essentials, and has built the largest instant-fulfillment network in both countries. Recent initiatives include AI-powered tools that speed deliveries and personalize the shopping experience, expansion of fresh grocery selection, nationwide acceptance of SNAP EBT payments, and rapid growth of its Gopuff FAM membership program. Strategic partnerships with brands such as Starbucks, Disney, Amazon, and Tom Brady underscore its platform’s reach. The company reports record revenue and contribution profit, reflecting its strongest financial performance to date. Leadership has been bolstered by the hiring of Matt McBrady as CFO, an executive with IPO experience at Axon and aQuantive. Looking ahead, Gopuff plans to use new capital to deepen AI capabilities, enhance consumer experience, and expand infrastructure to serve growing demand for speed and convenience.

  • Lighter

    Participated · Equity · Nov 2025

    Lighter operates a decentralized derivatives platform built as a zk-rollup on Ethereum, enabling users to trade perpetual futures with cryptographic, on-chain proofs of order matching and settlement. The exchange reports a 30-day perpetual trading volume of $279.5 billion, a 24-hour volume of $10.7 billion, open interest of roughly $1.7 billion, and total value locked of $1.15 billion. Founded by Vladimir Novakovski, Lighter differentiates itself by offering zero fees for retail traders while focusing on low-latency infrastructure for institutional participants. The company intends to expand its product suite by launching new derivatives on multiple blockchains, deepen liquidity pools, and roll out monetization tools for institutional counterparties. Fresh capital will also support a full public launch ahead of an upcoming token generation event. Competing exchanges include Hyperliquid and Aster, highlighting the increasingly competitive market for on-chain derivatives. Lighter’s rapid volume growth underscores its early traction and ambition to become a leading venue for decentralized derivatives trading.

Team

  • Vlad Tenev

    Co-Founder and CEO

    LinkedIn
  • Baiju Bhatt

    Chief Creative Officer and Co-Founder

    LinkedIn
  • Travis Bowie

    Director, Product Management

    LinkedIn
  • Yash Kumaraswamy

    Senior Staff Engineer

    LinkedIn