per share issuance price · Prospectus reference date (not purchase date) · Jul 28, 2021
SEC · Robinhood filing ↗Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion
Financial technology
Robinhood
Robinhood offers financial products through an investing platform built around accessible trading.
01 / YOUR SCENARIO
Choose your starting point.
Choose an IPO milestone or enter your own dated stock price to extend a reviewed pre-IPO scenario.
HYPOTHETICAL SHARE VALUE
RobinhoodSeries D
Hypothetical value of $10,000.00 at the reported share price
$37,456.88IPO offer-price mark · IPO pricing date: Jul 28, 2021
3.75×Price multiple
+274.6%Modeled price change
Illustrative paper value. Historical investment minimums and your eligibility are not verified. Excludes fund fees, carried interest, taxes and distributions; no sale is assumed.
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BEHIND THE NUMBERS
What this scenario means for an investor.
This scenario applies the stated share prices and conversion assumptions to your chosen amount. The result is a hypothetical value, not a completed transaction.
- Your amount vs. the investment minimum
- Your amount sets the size of the illustration. It does not establish the minimum required to join that funding round.
- Access depends on the offering
- Investor eligibility and allocations depend on the offering’s terms. A recorded funding price does not mean everyone could invest at that price.
- Direct shares and fund units differ
- A direct share and a unit in a fund or investment vehicle can have different rights and costs. This scenario does not establish a specific investment route.
- A price is not a cash exit
- Lockups, transfer restrictions and available buyers can affect a holder’s ability to sell. The displayed value does not assume a sale.
See the data, sources & calculation
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.
Calculation: amount ÷ reviewed preferred issuance price × assumed conversion factor × IPO offering price.
public offer price per share · IPO pricing date · Jul 28, 2021
SEC · Robinhood filing ↗Prospectus cover: offering price and prospectus date
Published price precision is retained in calculations. A filing snapshot is not necessarily the investment date. These selected companies and stages do not represent typical private-market results; investments can lose their entire value.
Understand the assumptions behind each result. How the calculations work →
Detailed share worksheet & downloadable receiptOptional controls for a closer look at the same evidence.
WHEN YOU WANT TO GO DEEPER
The story behind Robinhood
What this shows
The calculator compares four reviewed preferred series with the same $38 IPO offering price.
The endpoint matters
$38.00 per share at the historical IPO offering. An offer-price mark is not an executed sale. You can also enter a public price within the reviewed date window.
Read it realistically
Your amount is hypothetical. The evidence does not establish your investment minimum, eligibility or ability to sell.
Company at a glance & business milestonesMaking investing accessible was the product idea.
Robinhood offers financial products through an investing platform built around accessible trading.
- Origins
- Founded in 2013
- Industry
- Financial technology
- Founders
- Vladimir Tenev and Baiju Bhatt
- Calculation coverage
- Private financing → 2021 IPO
Vladimir Tenev and Baiju Bhatt founded Robinhood in 2013. Its IPO prospectus describes a platform whose revenue depended heavily on transaction activity, including payment for order flow. That business model matters alongside the funding prices.
Issuer filing ↗ · Founder-led team; transaction-based revenue; risk factors; prospectus cover.
Historical context reviewed Sep 19, 2026. Business milestones are separate from the financial observations used by the calculator.
Compare the supported funding stagesA fixed $10,000 illustration makes the entry points easier to compare.
Selected reviewed stages, not a complete fundraising history. The same hypothetical amount is used in every row. Private investments can lose all their value.
| Preferred series | Private issuance price | Illustrated amount | Explore |
|---|---|---|---|
| Series D | $10.145 | $37,456.88 | Try this stage → |
| Series E | $12.4827 | $30,442.13 | Try this stage → |
| Series F | $12.50 | $30,400.00 | Try this stage → |
| Series G | $15.50 | $24,516.13 | Try this stage → |
Each row applies that series’ reviewed split and conversion treatment. No sale, fees or taxes are assumed.
What investors faced & what remains unknownAccess, share terms, risks and the limits of this research.
Context to keep in mind
The prospectus identifies sensitivity to trading volumes, market-maker relationships and regulation. Customer access to an investing app does not establish access to the company’s private rounds.
CTM interpretation of the linked history and financing evidence; not a complete risk assessment.
What the evidence 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.
- Investment minimum
- Not verified for these historical entries
- Actual access and allocation
- Not established
- Realized sale proceeds
- Not calculated
- Full funding history
- Not yet compiled; this is selected coverage
What additional research would unlock
Additional rounds need their own issuance evidence, share-basis review and conversion terms before they can become calculator choices.
Research update · Sep 19, 2026
Added an optional entered public share price, with reviewed conversions, splits and a company-specific date window.
Review dates describe our research. They do not turn historical prices into current quotes.Keep exploring
Financial observations & original sources5 sourced observations · expand to inspect each record
Milestones & evidence
5 sourced observationsProspectus reference date (not purchase date)
Series D
B · Reported financing$10.145 USD
Preferred issuance price · as reported
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.
Primary source checked
SEC · Robinhood filing · IPO prospectus (Form 424B4) (opens in a new tab)Evidence details
- Publisher
- SEC · Robinhood filing
- Source location
- Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion
- Share class
- Series D preferred
- Checked on
- Sep 17, 2026
- Observation ID
- HOOD-D
Prospectus reference date (not purchase date)
Series E
B · Reported financing$12.4827 USD
Preferred issuance price · as reported
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.
Primary source checked
SEC · Robinhood filing · IPO prospectus (Form 424B4) (opens in a new tab)Evidence details
- Publisher
- SEC · Robinhood filing
- Source location
- Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion
- Share class
- Series E preferred
- Checked on
- Sep 17, 2026
- Observation ID
- HOOD-E
Prospectus reference date (not purchase date)
Series F
B · Reported financing$12.50 USD
Preferred issuance price · as reported
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.
Primary source checked
SEC · Robinhood filing · IPO prospectus (Form 424B4) (opens in a new tab)Evidence details
- Publisher
- SEC · Robinhood filing
- Source location
- Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion
- Share class
- Series F preferred
- Checked on
- Sep 17, 2026
- Observation ID
- HOOD-F
Prospectus reference date (not purchase date)
Series G
B · Reported financing$15.50 USD
Preferred issuance price · as reported
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.
Primary source checked
SEC · Robinhood filing · IPO prospectus (Form 424B4) (opens in a new tab)Evidence details
- Publisher
- SEC · Robinhood filing
- Source location
- Certain Relationships and Related Person Transactions: Series D/E/F/G financings; The Offering: Preferred Share Conversion
- Share class
- Series G preferred
- Checked on
- Sep 17, 2026
- Observation ID
- HOOD-G
IPO pricing date
IPO offer
A · Documented transaction$38.00 USD
Public offering price
Prospectus pricing date. This is not the first trading close or a realizable sale price.
Primary source checked
SEC · Robinhood filing · IPO prospectus (Form 424B4) (opens in a new tab)Evidence details
- Publisher
- SEC · Robinhood filing
- Source location
- Prospectus cover: offering price and prospectus date
- Share class
- Class A common
- Checked on
- Sep 17, 2026
- Observation ID
- HOOD-OFFER
What’s missing matters.
There are no daily private-market prices between these observations. We do not fill the gaps with an invented curve. Investment returns require the specific security, entry terms, dilution and an actual exit or appropriate mark.
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