2026 is set to be a pivotal year that will define the future direction of tech. We are already seeing companies like Anthropic, OpenAI, xAI, Perplexity, SpaceX, and Neuralink leveraging AI to progress at an incredible pace. Yet none of these companies are public and therefore, out of reach for the everyday retail investor. The opportunity to invest in these companies is simply not available to the general public. But the one fund changing that is the Robinhood Ventures Fund (RVI).
Last month, the fund bought stakes in Stripe and ElevenLabs, helping investors take exposure to modern fintech and AI private companies. In fact, the fund is highly exposed to these two fields, with existing stakes in companies like Revolut, Mercor, Ramp, and Databricks. RVI has now added a new name to its holdings, Sam Altman’s OpenAI. The maker of ChatGPT is closing in on a trillion-dollar valuation in the private markets, and considering its dominant position in the artificial intelligence arena, this could still be as cheap as it gets for a company like OpenAI.
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About Robinhood Ventures Fund
Launched in late 2024, the Robinhood Ventures Fund is a publicly traded closed-end fund that acquires stakes in private companies and lets retail investors take exposure to those companies by buying the ETF on the stock market. Robinhood Markets, as the name suggests, has always been on a mission to make markets more accessible to the retail investor, and the ETF is one of many ways the company fulfills its mission.
The fund was only recently listed on the stock exchange on March 6 this year. The IPO price was set at $25, but it opened at $22 and has already delivered significant gains, trading above $30.
What’s In The Robinhood Venture Fund?
The Robinhood Ventures Fund is different from your average ETF. Generally, people go to ETFs to get a diversified exposure to certain industries or trends (though not so simple as we point out in our recent ETF Special). RVI doesn’t bother with all that. Instead, it takes concentrated positions in companies it believes give retail investors access to high-growth private companies that were previously only available for institutional investors. Yes, it is quite literally a revenge ETF, and once you look at its holdings, it gets even more impressive.
