Robinhood Raises $200 Million in New Funding, Valuing It at Over $11 billion

Robinhood Raises $200 Million in New Funding, Valuing It at Over $11 billion

Arguably the hottest financial services company among youthful investors today just got a fresh injection of cash. Robinhood Markets announced Monday that it has received $200 million in funding from D1 Capital Partners. This, Robinhood says, values it at $11.2 billion.