Robinhood’s RVI Fund Pours $75M into OpenAI in Major Private Market Move
Robinhood Ventures Fund I invested $75 million in OpenAI, a leading artificial intelligence company, on April 17, 2026. The investment is part of RVI's mission to democratize private market opportunities for mainstream investors.
Robinhood Ventures Fund I (RVI) finalized a $75 million investment in OpenAI on April 17, 2026. The investment is in OpenAI common shares and is one of RVI's largest holdings. RVI is a closed-end fund listed on the New York Stock Exchange under the ticker RVI, allowing retail investors to invest without accreditation or minimum capital requirements. RVI's portfolio includes stakes in companies like Stripe, Databricks, and Revolut. The fund aims to provide mainstream investors with access to private market opportunities, as the number of publicly listed US companies has declined from around 7,000 in 2000 to approximately 4,000 by 2025. The investment was verified by Reuters and Robinhood Markets on April 22, 2026.
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