Robinhood Raises $323M in Series E Funding; Valued at $7.6 Billion

Robinhood, a California-based platform to invest in stocks, ETFs, options, and cryptocurrencies, from a phone or desktop, has raised $323M in Series E funding.

 

The round, which valued the company at $7.6 billion, was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital.

 

The company is using the funds to continue to expand operations and build the products.

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