Robinhood Ventures Fund I announced it has closed an investment in OpenAI. On April 17, 2026 RVI purchased approximately $75 million of common stock of OpenAI. “OpenAI is one of the frontier artificial intelligence companies, and we are incredibly proud to add them to the Fund,” said Sarah Pinto, President of Robinhood Ventures Fund I. “As one of RVI’s largest investments to date, this underscores our core mission to provide everyday investors with access to what we believe are transformative companies shaping the future.”For too long, private markets have been out of reach to everyday investors, and RVI aims to expand access to this important and often closed-off part of the market. Giving retail investors the opportunity to get exposure to frontier companies like OpenAI is one of the most powerful ways RVI can help further Robinhood’s mission to democratize finance for all.The number of publicly traded companies in the US has fallen from about 7,000 in the year 2000 to about 4,000 in 2025. At the same time, companies are staying private longer and growing in both number and value. As of April 2024, there were more than 6.5 times as many private companies as public and the estimated value of these firms in the US surpassed $10 trillion in the first quarter of 2025.NoYesInvestment23 Apr, 2026