# Robinhood — Capital Time Machine

Explore 4 documented private funding stages and their hypothetical value at the IPO offer price.

Canonical citation: https://capitaltimemachine.com/private/robinhood

Dataset revision: ctm-research-2026-10-01; evidence register reviewed: 2026-09-19. Each observation retains its own check date.

Publisher: CapitalTimeMachine. Methodology: https://capitaltimemachine.com/methodology



## What this supports

Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Preferred shares convert 1:1 to public common-share equivalents. No additional split adjustment. No holder-specific adjustment is assumed. IPO offer-price mark only; no sale, investment availability or realized return is established.

## Limitations

- Historical research and hypothetical arithmetic, not live quotes, investment advice or an offer to invest.

- Company valuation changes are not shareholder returns. Financing, dilution, security rights and exit access matter.

- IPO offer-price marks are not realized sale proceeds; minimum investments and access are not established.

- User-entered prices and valuations are assumptions, not sourced observations. Fee and carry treatment is stated by each method; taxes and distributions are excluded.

- Selected surviving companies are not representative of private-market outcomes; investments may lose all value.

## Sourced observations

### HOOD-D — Series D

Value: 10.145 USD; scope: per_share_issuance_price

Date: 2021-07-28; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series D preferred; share basis: as_reported_reviewed_no_additional_split

Verification: primary_verified; checked: 2026-09-17

Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Robinhood filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm)

Source location: Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion

Citation: https://capitaltimemachine.com/private/robinhood#HOOD-D

### HOOD-E — Series E

Value: 12.4827 USD; scope: per_share_issuance_price

Date: 2021-07-28; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series E preferred; share basis: as_reported_reviewed_no_additional_split

Verification: primary_verified; checked: 2026-09-17

Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Robinhood filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm)

Source location: Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion

Citation: https://capitaltimemachine.com/private/robinhood#HOOD-E

### HOOD-F — Series F

Value: 12.50 USD; scope: per_share_issuance_price

Date: 2021-07-28; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series F preferred; share basis: as_reported_reviewed_no_additional_split

Verification: primary_verified; checked: 2026-09-17

Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Robinhood filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm)

Source location: Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion

Citation: https://capitaltimemachine.com/private/robinhood#HOOD-F

### HOOD-G — Series G

Value: 15.50 USD; scope: per_share_issuance_price

Date: 2021-07-28; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series G preferred; share basis: as_reported_reviewed_no_additional_split

Verification: primary_verified; checked: 2026-09-17

Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Robinhood filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm)

Source location: Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion

Citation: https://capitaltimemachine.com/private/robinhood#HOOD-G

### HOOD-OFFER — IPO offer

Value: 38.00 USD; scope: public_offer_price_per_share

Date: 2021-07-28; precision: day; role: offering_pricing; actual investment date: not established

Security: Class A common; share basis: undefined

Verification: primary_verified; checked: 2026-09-17

Prospectus pricing date. This is not the first trading close or a realizable sale price.

Source: [SEC · Robinhood filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm)

Source location: Prospectus cover: offering price and prospectus date

Citation: https://capitaltimemachine.com/private/robinhood#HOOD-OFFER

## Calculation options

{
  "early_stage_assumptions": null,
  "ipo_offer_models": [
    {
      "id": "HOOD-D-IPO",
      "company": "robinhood",
      "start": "HOOD-D",
      "end": "HOOD-OFFER",
      "label": "Series D → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Preferred shares convert 1:1 to public common-share equivalents. No additional split adjustment. No holder-specific adjustment is assumed. IPO offer-price mark only; no sale, investment availability or realized return is established.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm",
      "source_locators": [
        "Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion",
        "Prospectus cover: IPO offering price; Description of Capital Stock"
      ]
    },
    {
      "id": "HOOD-E-IPO",
      "company": "robinhood",
      "start": "HOOD-E",
      "end": "HOOD-OFFER",
      "label": "Series E → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Preferred shares convert 1:1 to public common-share equivalents. No additional split adjustment. No holder-specific adjustment is assumed. IPO offer-price mark only; no sale, investment availability or realized return is established.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm",
      "source_locators": [
        "Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion",
        "Prospectus cover: IPO offering price; Description of Capital Stock"
      ]
    },
    {
      "id": "HOOD-F-IPO",
      "company": "robinhood",
      "start": "HOOD-F",
      "end": "HOOD-OFFER",
      "label": "Series F → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Preferred shares convert 1:1 to public common-share equivalents. No additional split adjustment. No holder-specific adjustment is assumed. IPO offer-price mark only; no sale, investment availability or realized return is established.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm",
      "source_locators": [
        "Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion",
        "Prospectus cover: IPO offering price; Description of Capital Stock"
      ]
    },
    {
      "id": "HOOD-G-IPO",
      "company": "robinhood",
      "start": "HOOD-G",
      "end": "HOOD-OFFER",
      "label": "Series G → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Issuance periods: D April 2018; E August–October 2019; F May–July 2020; G August–September 2020. Convertible-note discounts and warrants are excluded. Preferred shares convert 1:1 to public common-share equivalents. No additional split adjustment. No holder-specific adjustment is assumed. IPO offer-price mark only; no sale, investment availability or realized return is established.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm",
      "source_locators": [
        "Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion",
        "Prospectus cover: IPO offering price; Description of Capital Stock"
      ]
    }
  ],
  "valuation_comparisons": [],
  "user_entered_private_prices": false,
  "entered_public_price_review": {
    "company": "robinhood",
    "ticker": "HOOD",
    "issuer_cik": "1783879",
    "model_ids": [
      "HOOD-D-IPO",
      "HOOD-E-IPO",
      "HOOD-F-IPO",
      "HOOD-G-IPO"
    ],
    "from_date": "2024-06-10",
    "through_date": "2026-09-19",
    "reviewed_on": "2026-09-19",
    "status": "reviewed_user_price_scenario",
    "historical_only": false,
    "limitation": "Entered price is unverified. Use the actual common-share price on its dated basis, not a dividend-adjusted or retrospectively split-adjusted history.",
    "listed_equivalent_factor": "1",
    "splits": [],
    "sources": [
      {
        "url": "https://www.sec.gov/Archives/edgar/data/1783879/000162828021015076/robinhood424.htm",
        "title": "Original IPO share basis",
        "locator": "Prospectus / offering and capital-stock terms; the existing private-to-IPO model supplies the entry conversion."
      },
      {
        "url": "https://www.sec.gov/Archives/edgar/data/1783879/000178387926000114/hood-20260630.htm",
        "title": "Issuer 10-Q · 2026-07-30",
        "locator": "Common-stock presentation and corporate-action screening. A missing split keyword alone is not evidence of a complete history."
      },
      {
        "url": "https://www.stocksplithistory.com/?symbol=HOOD",
        "title": "Supplemental split-history screen",
        "locator": "Dated post-IPO corporate actions only. Ticker reuse can introduce unrelated pre-IPO events; those are excluded. No market quote was copied."
      }
    ],
    "review_note": "Entry-to-IPO conversion reuses the approved company-specific model. The post-IPO corporate-action screen matches the issuer CIK and excludes reused ticker history predating its IPO. This is a bounded price-only scenario, not a licensed quote or a certified corporate-action feed."
  },
  "public_ipo": null
}

## Reuse and corrections

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