Robinhood is owned by its public shareholders, led by co founders Vlad Tenev and Baiju Bhatt, who together control the largest voting stake through special Class B shares.
Robinhood Markets Inc is a financial technology company best known for commission free stock, options and crypto trading through its mobile app.
Tenev and Bhatt launched Robinhood in 2013 to give ordinary investors free access to the markets, and the company went public on the Nasdaq exchange in July 2021.
So how did two Stanford roommates building trading software for hedge funds end up creating one of the most talked about trading apps in the world, and who actually controls it today?
This article looks at Robinhood ownership structure, its founders, its largest shareholders, how much the company is worth, its retirement offerings and how to reach Robinhood customer support.
So let us get started.
Table of Contents
Who Owns Robinhood
Robinhood is a publicly traded company, and ownership is split between company insiders, institutional investors and individual retail shareholders.
Visit the official Robinhood website to see the full range of accounts and trading products the company offers.
Co founders Vlad Tenev and Baiju Bhatt hold the most influence over company decisions, not because they own the majority of shares outright, but because their Class B shares carry far more voting power than ordinary Class A stock.
Large institutional investors such as Vanguard and BlackRock also hold meaningful positions, similar to how they invest in most other large Nasdaq listed companies.
| Company Overview | Details |
| Company name | Robinhood Markets Inc |
| Ownership | Publicly traded, founder controlled voting power |
| Parent company | None, independent public company |
| Founded | 2013 |
| Founders | Vlad Tenev and Baiju Bhatt |
| CEO | Vlad Tenev |
| Headquarters | Menlo Park, California |
| Ownership type | Public, dual class shares |
| Stock ticker | Nasdaq: HOOD |
Is Robinhood Publicly Traded or Privately Owned
Robinhood is publicly traded on the Nasdaq exchange under the ticker symbol HOOD.
The company completed its initial public offering on July 29, 2021, at a price of 38 dollars per share, and joined the S&P 500 index in September 2025.
Robinhood uses a dual class share structure, meaning Class A shares sold to the public carry one vote each, while Class B shares held mostly by the founders carry ten votes each.
This structure lets Tenev and Bhatt retain significant control over corporate decisions even though public shareholders own the majority of the economic value of the company.
Who Are the Largest Shareholders of Robinhood
Co founder Baiju Bhatt is generally considered the largest individual shareholder, holding an economic stake of roughly 6 to 7 percent along with substantial Class B voting shares.
Chief Executive Vlad Tenev holds a smaller economic stake, generally estimated around 5 percent, but his combined Class B voting power gives him significant control alongside Bhatt.
Because Tenev and Bhatt vote through Class B shares carrying ten votes each, the two founders retain outsized influence over board elections and major company decisions relative to their economic ownership alone.
Brokerage Subsidiary
Cryptocurrency Subsidiary
Cash Card and Banking Subsidiary
Co Founders, Class B Voting Control
Vanguard, BlackRock and Individual Investors
Who Is the CEO of Robinhood
Vlad Tenev is the Chairman, President and Chief Executive Officer of Robinhood Markets.
Tenev co founded the company in 2013 alongside Baiju Bhatt and served as co chief executive until 2020, when he became sole CEO and Bhatt shifted into the role of chief creative officer.
Born in Bulgaria and raised in the United States, Tenev holds a mathematics degree from Stanford University and a masters degree from UCLA.
He remains one of the largest individual shareholders of the company he co founded, giving him both operational and ownership influence.
Who Founded Robinhood
Vlad Tenev and Baiju Bhatt founded Robinhood in April 2013 after meeting as roommates and classmates at Stanford University.
Before Robinhood, the pair built two earlier financial technology companies that sold high speed trading infrastructure to hedge funds and financial institutions.
According to Wikipedia, the company took its name from the Robin Hood legend, reflecting its stated mission to give ordinary investors access to markets that once favored the wealthy.
The founders built the original app around zero commission trades at a time when most brokers still charged a fee for every transaction.
How Has Robinhood Ownership Changed Over Time
Robinhood raised roughly 5.7 billion dollars from venture capital investors during its years as a private startup before going public.
The company completed its initial public offering on July 29, 2021, at a valuation near 32 billion dollars, shifting ownership from private venture backers to public market shareholders.
A major milestone came in September 2025, when Robinhood joined the S&P 500 index, prompting large index funds such as Vanguard and BlackRock to automatically add HOOD shares to their portfolios.
In 2026 Robinhood also closed its acquisition of WonderFi, a Canadian digital asset company, marking a formal entry into the Canadian market and adding new international operations to the corporate structure.
Major Robinhood Milestones
Vlad Tenev and Baiju Bhatt launch Robinhood to offer commission free trading.
The Robinhood mobile trading app becomes publicly available.
Robinhood lists on Nasdaq under the ticker HOOD at a 38 dollar share price.
Robinhood expands into consumer finance with a cash back credit card.
Robinhood joins the S&P 500 index, drawing new institutional ownership.
Robinhood completes its acquisition of Canadian digital asset company WonderFi.
How Much Is Robinhood Worth
Robinhood reported record second quarter revenue of 1.31 billion dollars for 2026, up 32 percent from the prior year.
Net income for the same quarter rose 48 percent to roughly 573 million dollars, helped by growth in options, equities and prediction market trading.
Total Platform Assets, which measure the combined value of customer holdings on Robinhood, reached approximately 369 billion dollars, up 32 percent year over year.
Funded customers grew to 28.4 million during the quarter, while Robinhood Gold subscribers, who pay a monthly fee for premium features, climbed to roughly 4.8 million.
| Financial Metric | Value |
| Total net revenue | 1.31 billion dollars, Q2 2026 |
| Net income | 573 million dollars, Q2 2026 |
| Total Platform Assets | 369 billion dollars, Q2 2026 |
| Funded customers | 28.4 million, Q2 2026 |
| 2025 full year revenue | 4.47 billion dollars, FY2025 |
Does Robinhood Offer Retirement Accounts
Yes, Robinhood launched Robinhood Retirement in 2023, offering Traditional and Roth IRA accounts to eligible customers.
Robinhood pays a contribution match on money added to a retirement account, generally 1 percent for standard customers and 3 percent for Robinhood Gold subscribers.
Unlike Vanguard or Schwab, Robinhood does not administer employer sponsored 401k plans, so its retirement products are limited to individual IRA accounts.
Readers who want a provider with full employer retirement plan administration can see our guide on who owns Lincoln Financial Group.
Robinhood also offers a general brokerage account alongside its retirement products for investors who want unrestricted access to their money.
Can You Roll Over a 401k to Robinhood
Yes, Robinhood accepts rollovers from most former employer 401k and 403b plans into a Robinhood IRA.
Rolled over balances are generally eligible for the same contribution match offered on new IRA contributions, subject to Robinhood terms and holding requirements.
Savers should confirm with their previous plan administrator whether a direct or indirect rollover is required before initiating a transfer.
For decisions about which retirement account best fits an individual tax situation, consult a qualified tax or financial professional.
How Do You Contact Robinhood Customer Service
Robinhood does not publish a general inbound customer service phone number, unlike traditional brokers such as Schwab or Vanguard.
Support is instead handled through the Robinhood app or website, where customers can request a live phone callback or start a chat session any time of day.
For Robinhood Crypto, Spending or Cash Card specific issues, customers can call 888 275 8523 directly.
General account questions can also be routed through the contact form at robinhood dot com forward slash contact, or by email for scam and fraud reports.
| Support Type | Contact Information |
| General support | In app or web callback and chat, 24 hours |
| Crypto, Spending and Cash Card | 888 275 8523 |
| Fraud and scam reports | [email protected] |
| Corporate office | Menlo Park, California |
| Website | robinhood.com |
Where Is Robinhood Headquarters
Robinhood Markets is headquartered in Menlo Park, California.
The company also maintains major offices in Lake Mary, Florida and Denver, Colorado, along with a growing international presence following its recent expansion into Canada and Singapore.
Robinhood does not operate walk in retail branches, since its business model is built entirely around the mobile app and website.
Is Robinhood a Good Trading Platform
Robinhood remains popular for its simple interface, zero commission trades and the retirement contribution match that few competitors offer.
The platform has faced repeated criticism over the years for outages during high volatility trading days, most notably during the 2021 meme stock trading frenzy.
Regulators have also fined Robinhood multiple times for issues ranging from options trading disclosures to system outages, and the company has settled several of these cases.
Customer service is frequently cited as a weak point, since Robinhood historically offered no phone support at all and still relies mainly on in app callback and chat rather than a published phone line.
Overall, Robinhood suits investors who want a simple, low cost mobile trading experience, but those who value traditional phone support or employer retirement plan administration may prefer a firm such as Schwab or Vanguard.
Frequently Asked Questions About Robinhood
Who owns Robinhood
Robinhood is publicly owned by its shareholders, with co founders Vlad Tenev and Baiju Bhatt holding the most voting control through Class B shares.
Who is the CEO of Robinhood
Vlad Tenev has served as Chairman, President and CEO of Robinhood since 2020, after co founding the company in 2013.
Is Robinhood publicly traded
Yes, Robinhood trades on the Nasdaq exchange under the ticker symbol HOOD since its 2021 initial public offering.
What is the Robinhood customer service phone number
Robinhood does not publish a general customer service phone number, but customers can request a callback through the app, or call 888 275 8523 for crypto and cash card issues.
Does Robinhood offer retirement accounts
Yes, Robinhood Retirement offers Traditional and Roth IRA accounts with a contribution match, though it does not administer employer sponsored 401k plans.
Who founded Robinhood
Vlad Tenev and Baiju Bhatt founded Robinhood in 2013 while roommates at Stanford University.
I am Jack Neel, a mechanical engineer, researcher, and writer. I created this website to share my knowledge about different brands and products with you. I research the manufacturers behind the brands and provide you with the information you need to make smart buying decisions.