RVII

Robinhood announces Robinhood Ventures Fund II to IPO Aug 13, 2026 at $25/share on NYSE (RVII), offering retail access to early-stage private companies

Robinhood is launching Robinhood Ventures Fund II (RVII), a publicly listed business development company expected to IPO on August 13, 2026 at $25/share on the NYSE (ticker RVII), offering retail investors non-accredited access to a diversified portfolio of early-stage private companies (including many with Y Combinator ties). The fund charges a 2.00% annual base management fee plus a 20% incentive fee on realized gains, will include about 80 companies at launch, and the IPO request window closes August 12, 2026.