Overview

Robinhood Ventures Fund II (RVII) is a business-development-company / closed-end fund from robinhood Ventures providing retail investors exchange-traded exposure to a portfolio of early-stage private companies, with a focus on y-combinator-linked startups. Investors hold fund shares — not direct startup equity.

Recent Developments

  • 2026-08: Expected NYSE listing Aug 13 at $25/share; share-request window through Aug 12; ~80 portfolio companies at launch (2026-08-05-robinhood-ventures-fund-ii-official)
  • Fees: 2% base management fee + 20% incentive fee on realized gains
  • Y Combinator does not sponsor or endorse the fund (trademark used with permission)

Warning

Pre-listing expectations; Form N-2 subject to SEC effectiveness. Not investment advice.

Sources