{"success":true,"data":{"pressRelease":{"id":"4540","rtpr_id":"nGNX4s4WvJ","ticker":"HOOD","exchange":"NASDAQ","all_tickers":["HOOD","RVI"],"title":"Robinhood Ventures Fund I (RVI) Announces $75M Investment in OpenAI","author":"Globe Newswire","published_at":"2026-04-22T12:00:00.639Z","article_body":"MENLO PARK, Calif., April 22, 2026 (GLOBE NEWSWIRE) -- Today, Robinhood\nVentures Fund I\n(https://www.globenewswire.com/Tracker?data=_2k8zlws1sg2-j78cK3IGD1dPk1nEhBsDbi-AhG3-wFFNk_f3goOwUTmMgSWySLeXEO0RWE0zhNLSfVb7z_VEAhnoqoqBC3t_XrAR9lwb8Jp0E_l8SOcwNCo1TIX1S3n)\n(NYSE: RVI) announced it has closed an investment in OpenAI\n(https://www.globenewswire.com/Tracker?data=4yNHb1GFjIPgXgLY49xNKB9mwYUAtIl2aGUg9NBMrFdQb1rgOyPlfs8WkzPN1IBPCx52VhecqkYqDRefmcpnxg==).\nOn April 17, 2026 RVI purchased approximately $75 million of common stock of\nOpenAI.\n\n“OpenAI is one of the frontier artificial intelligence companies, and we are\nincredibly proud to add them to the Fund,” said Sarah Pinto, President of\nRobinhood Ventures Fund I. “As one of RVI’s largest investments to date,\nthis underscores our core mission to provide everyday investors with access to\nwhat we believe are transformative companies shaping the future.”\n\nFor too long, private markets have been out of reach to everyday investors,\nand RVI aims to expand access to this important and often closed-off part of\nthe market. Giving retail investors the opportunity to get exposure to\nfrontier companies like OpenAI is one of the most powerful ways RVI can help\nfurther Robinhood’s mission to democratize finance for all.\n\nThe number of publicly traded companies in the US has fallen from about 7,000\nin the year 2000 to about 4,000 in 2025.* At the same time, companies are\nstaying private longer** and growing in both number and value. As of April\n2024, there were more than 6.5 times as many private companies as public***\nand the estimated value of these firms in the US surpassed $10 trillion in the\nfirst quarter of 2025.****\n\nAbout OpenAI\nOpenAI is an AI research and deployment company with the mission to ensure\nthat artificial general intelligence benefits all of humanity.\n\nAbout Robinhood Ventures Fund I \nRobinhood Ventures Fund I, which is the first fund from Robinhood Ventures,\nbegan trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the\nsymbol RVI.\n\nRVI is a closed-end fund that provides investors exposure to a concentrated\nportfolio of private companies that now includes Airwallex, Boom, Databricks,\nElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, and Stripe, with additional\ncompanies expected to be added over time.\n\nUnlike many traditional private market vehicles, RVI is designed to be\naccessible to retail investors, with no accreditation requirements, no\ninvestment minimums, a competitive management fee, and no performance fees.\n\nRVI uses the “Announcements” section of the RVI website (accessible at\nhttps://robinhood.com/us/en/ventures/rvi/) and the Robinhood Newsroom\n(accessible at newsroom.aboutrobinhood.com\n(https://www.globenewswire.com/Tracker?data=mkHKRONhD5jdo89rFaHCN05S6fRY8YjP4N-0mzZmZJErfkdTGei_8idFuhrkQs6kcXKPcV5lKbTElNvsyiLO8d_QFIVH1gD3xCWVG81lKLISyTLuYuwS67E5QvXN5mka)),\nas means of disclosing information to the public in a broad, non-exclusionary\nmanner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors\nshould routinely monitor those web pages, in addition to RVI’s press\nreleases, SEC filings, and public conference calls and webcasts, as\ninformation posted on them could be deemed to be material information.\n\nDisclosures:\n\n*World Bank Group DataBank, available at Listed domestic companies, total –\nUnited States | Data (retrieved April 20, 2026).\n\n**Data from Jay Ritter, University of Florida, Initial Public Offerings:\nMedian Age of IPOs Through 2025.\n\n***Data from Apollo Academy, Many More Private Firms in the US. Published\nApril 2024. For companies with last 12-month revenue greater than $100 million\nby count.\n\n****Federal Reserve, Federal Reserve Statistical Release: Financial Accounts\nof the United States, First Quarter 2025. Does not include limited liability\ncompanies and limited partnerships.\n\nAn investment in Robinhood Ventures Fund I is speculative and involves a high\ndegree of risk with substantial risk of loss.\n\nRobinhood Ventures is the investment adviser for RVI. Robinhood Ventures is\nthe dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an\nSEC-registered investment adviser and a wholly owned subsidiary of Robinhood\nMarkets, Inc.\n\nForward-Looking Statements\nThis communication includes “forward looking statements,” including\nstatements regarding RVI’s objectives to expand access to private markets,\nand beliefs about the transformative potential of its portfolio companies and\ntheir role in shaping the future. Forward-looking statements involve known and\nunknown risks, uncertainties and assumptions, including the risks outlined\nunder “Risks” in the preliminary prospectus and elsewhere in RVI’s\nfilings with the SEC, which may cause actual results to differ materially from\nany results expressed or implied by any forward-looking statement. RVI and\nRobinhood have no obligation, and do not undertake any obligation, to update\nor revise any forward-looking statement made in this communication to reflect\nchanges since the date of this communication, except as required by law.\n\n5418995\n\nContacts\n\nInvestor Relations: ir@robinhood.com\n\nPress: press@robinhood.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5e12bd70-5668-4fc0-a09b-17d892f0dc32\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/502e2c24-b781-466b-8147-98b8d6e5a95a)\nRobinhood Ventures Fund I \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5e12bd70-5668-4fc0-a09b-17d892f0dc32/en)\nRobinhood Ventures Fund I (NYSE: RVI) announced it has closed an investment in\nOpenAI. On April 17, 2026 RVI purchased approximately $75 million of common\nstock of OpenAI.\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4s4WvJ","title":"Robinhood Ventures Fund I (RVI) Announces $75M Investment in OpenAI","author":"Globe Newswire","ticker":"HOOD","created":"2026-04-22T12:00:00.639Z","tickers":["HOOD","RVI"],"exchange":"NASDAQ","article_body":"MENLO PARK, Calif., April 22, 2026 (GLOBE NEWSWIRE) -- Today, Robinhood\nVentures Fund I\n(https://www.globenewswire.com/Tracker?data=_2k8zlws1sg2-j78cK3IGD1dPk1nEhBsDbi-AhG3-wFFNk_f3goOwUTmMgSWySLeXEO0RWE0zhNLSfVb7z_VEAhnoqoqBC3t_XrAR9lwb8Jp0E_l8SOcwNCo1TIX1S3n)\n(NYSE: RVI) announced it has closed an investment in OpenAI\n(https://www.globenewswire.com/Tracker?data=4yNHb1GFjIPgXgLY49xNKB9mwYUAtIl2aGUg9NBMrFdQb1rgOyPlfs8WkzPN1IBPCx52VhecqkYqDRefmcpnxg==).\nOn April 17, 2026 RVI purchased approximately $75 million of common stock of\nOpenAI.\n\n“OpenAI is one of the frontier artificial intelligence companies, and we are\nincredibly proud to add them to the Fund,” said Sarah Pinto, President of\nRobinhood Ventures Fund I. “As one of RVI’s largest investments to date,\nthis underscores our core mission to provide everyday investors with access to\nwhat we believe are transformative companies shaping the future.”\n\nFor too long, private markets have been out of reach to everyday investors,\nand RVI aims to expand access to this important and often closed-off part of\nthe market. Giving retail investors the opportunity to get exposure to\nfrontier companies like OpenAI is one of the most powerful ways RVI can help\nfurther Robinhood’s mission to democratize finance for all.\n\nThe number of publicly traded companies in the US has fallen from about 7,000\nin the year 2000 to about 4,000 in 2025.* At the same time, companies are\nstaying private longer** and growing in both number and value. As of April\n2024, there were more than 6.5 times as many private companies as public***\nand the estimated value of these firms in the US surpassed $10 trillion in the\nfirst quarter of 2025.****\n\nAbout OpenAI\nOpenAI is an AI research and deployment company with the mission to ensure\nthat artificial general intelligence benefits all of humanity.\n\nAbout Robinhood Ventures Fund I \nRobinhood Ventures Fund I, which is the first fund from Robinhood Ventures,\nbegan trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the\nsymbol RVI.\n\nRVI is a closed-end fund that provides investors exposure to a concentrated\nportfolio of private companies that now includes Airwallex, Boom, Databricks,\nElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, and Stripe, with additional\ncompanies expected to be added over time.\n\nUnlike many traditional private market vehicles, RVI is designed to be\naccessible to retail investors, with no accreditation requirements, no\ninvestment minimums, a competitive management fee, and no performance fees.\n\nRVI uses the “Announcements” section of the RVI website (accessible at\nhttps://robinhood.com/us/en/ventures/rvi/) and the Robinhood Newsroom\n(accessible at newsroom.aboutrobinhood.com\n(https://www.globenewswire.com/Tracker?data=mkHKRONhD5jdo89rFaHCN05S6fRY8YjP4N-0mzZmZJErfkdTGei_8idFuhrkQs6kcXKPcV5lKbTElNvsyiLO8d_QFIVH1gD3xCWVG81lKLISyTLuYuwS67E5QvXN5mka)),\nas means of disclosing information to the public in a broad, non-exclusionary\nmanner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors\nshould routinely monitor those web pages, in addition to RVI’s press\nreleases, SEC filings, and public conference calls and webcasts, as\ninformation posted on them could be deemed to be material information.\n\nDisclosures:\n\n*World Bank Group DataBank, available at Listed domestic companies, total –\nUnited States | Data (retrieved April 20, 2026).\n\n**Data from Jay Ritter, University of Florida, Initial Public Offerings:\nMedian Age of IPOs Through 2025.\n\n***Data from Apollo Academy, Many More Private Firms in the US. Published\nApril 2024. For companies with last 12-month revenue greater than $100 million\nby count.\n\n****Federal Reserve, Federal Reserve Statistical Release: Financial Accounts\nof the United States, First Quarter 2025. Does not include limited liability\ncompanies and limited partnerships.\n\nAn investment in Robinhood Ventures Fund I is speculative and involves a high\ndegree of risk with substantial risk of loss.\n\nRobinhood Ventures is the investment adviser for RVI. Robinhood Ventures is\nthe dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an\nSEC-registered investment adviser and a wholly owned subsidiary of Robinhood\nMarkets, Inc.\n\nForward-Looking Statements\nThis communication includes “forward looking statements,” including\nstatements regarding RVI’s objectives to expand access to private markets,\nand beliefs about the transformative potential of its portfolio companies and\ntheir role in shaping the future. Forward-looking statements involve known and\nunknown risks, uncertainties and assumptions, including the risks outlined\nunder “Risks” in the preliminary prospectus and elsewhere in RVI’s\nfilings with the SEC, which may cause actual results to differ materially from\nany results expressed or implied by any forward-looking statement. RVI and\nRobinhood have no obligation, and do not undertake any obligation, to update\nor revise any forward-looking statement made in this communication to reflect\nchanges since the date of this communication, except as required by law.\n\n5418995\n\nContacts\n\nInvestor Relations: ir@robinhood.com\n\nPress: press@robinhood.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5e12bd70-5668-4fc0-a09b-17d892f0dc32\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/502e2c24-b781-466b-8147-98b8d6e5a95a)\nRobinhood Ventures Fund I \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5e12bd70-5668-4fc0-a09b-17d892f0dc32/en)\nRobinhood Ventures Fund I (NYSE: RVI) announced it has closed an investment in\nOpenAI. On April 17, 2026 RVI purchased approximately $75 million of common\nstock of OpenAI.\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-22T12:00:01.269446894Z","server_sent_at_ms":1776859201269},"received_at":"2026-04-22T12:00:01.321Z","source_url":null},"analysis":{"id":"3194","press_release_id":"4540","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":[],"eventType":"other","narrative":"Robinhood Ventures Fund I (RVI), a closed-end fund advised by a subsidiary of Robinhood Markets, purchased approximately $75 million of OpenAI common stock.\n\nRVI President Sarah Pinto highlighted the investment as one of the fund's largest to date, underscoring the mission to provide retail investors access to frontier AI companies.\n\nThe addition of OpenAI expands RVI's concentrated private portfolio, which includes other major names like Databricks, Stripe, and Revolut.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"HOOD affiliate secures pre-IPO allocation in AI leader."},"keyFigures":{"customDimensions":{"investment_amount_usd":75000000}},"quotedText":"OpenAI is one of the frontier artificial intelligence companies, and we are incredibly proud to add them to the Fund","namedEntities":{"people":[{"name":"Sarah Pinto","role":"President of Robinhood Ventures Fund I"}],"products":[],"companies":[{"name":"Robinhood Ventures Fund I","ticker":"RVI","relationship":"partner"},{"name":"OpenAI","relationship":"investment target"},{"name":"Databricks","relationship":"portfolio holding"},{"name":"Stripe","relationship":"portfolio holding"},{"name":"Revolut","relationship":"portfolio holding"},{"name":"Airwallex","relationship":"portfolio holding"},{"name":"Ramp","relationship":"portfolio holding"}],"dollarAmounts":[{"amount":"$75 million","context":"investment in OpenAI common stock"}]},"materialImpact":{"score":2,"reasoning":"Strategic investment by subsidiary RVI in OpenAI reinforces Robinhood's democratization narrative and brand association with frontier AI, but direct financial impact to HOOD is limited to advisory fees."},"tickerRelevance":{"others":[{"ticker":"RVI","relevance":"partner"}],"primary":"HOOD"},"eventTypeSecondary":[]},"event_type":"other","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Robinhood Ventures Fund I (RVI), a closed-end fund advised by a subsidiary of Robinhood Markets, purchased approximately $75 million of OpenAI common stock.\n\nRVI President Sarah Pinto highlighted the investment as one of the fund's largest to date, underscoring the mission to provide retail investors access to frontier AI companies.\n\nThe addition of OpenAI expands RVI's concentrated private portfolio, which includes other major names like Databricks, Stripe, and Revolut.","key_figures":{"customDimensions":{"investment_amount_usd":75000000}},"named_entities":{"people":[{"name":"Sarah Pinto","role":"President of Robinhood Ventures Fund I"}],"products":[],"companies":[{"name":"Robinhood Ventures Fund I","ticker":"RVI","relationship":"partner"},{"name":"OpenAI","relationship":"investment target"},{"name":"Databricks","relationship":"portfolio holding"},{"name":"Stripe","relationship":"portfolio holding"},{"name":"Revolut","relationship":"portfolio holding"},{"name":"Airwallex","relationship":"portfolio holding"},{"name":"Ramp","relationship":"portfolio holding"}],"dollarAmounts":[{"amount":"$75 million","context":"investment in OpenAI common stock"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T14:19:01.524Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.108Z"}},"durationMs":194257,"modelName":"glm-4.7"}}