Robinhood Ventures Fund I (RVI) Invests $25M in Canva

Robinhood Ventures Fund I (RVI) Invests $25M in Canva

Today, Robinhood Ventures Fund I (NYSE: RVI) announced it has closed an investment in Canva. On June 24, 2026 RVI purchased approximately $25 million of Class A Common Stock of Canva.

"We believe Canva is one of the world's most compelling design platforms, and this investment is a milestone we are truly thrilled about," said Sarah Pinto, President of Robinhood Ventures Fund I. "With its mission to put the power of design in everyone's hands, Canva represents the kind of category-defining company our investors deserve access to."

"We're pleased to welcome Robinhood Ventures Fund I as an investor and to see more retail investors gain the opportunity to participate in our growth journey," said Kelly Steckelberg, Chief Financial Officer, Canva. "This has been our biggest year yet, with more than a quarter of a billion people now using our platform every month. As we continue to accelerate our investment in building the world's best visual AI tools, we believe we're still in the very early stages of the opportunity ahead."

About Canva

Launched in 2013, Canva is the world's leading all-in-one platform for visual communication and collaboration. Built to empower everyone to design, Canva serves the creative and design needs of enterprises, small businesses, consumers, and students in more than 190 countries worldwide. Used by more than 250 million people every month, Canva is powered by a suite of products and proprietary AI tools that elevate how individuals and teams create, collaborate, and communicate with ease.

About Robinhood Ventures Fund I

Robinhood Ventures Fund I, which is the first fund from Robinhood Ventures, began trading on the New York Stock Exchange (NYSE) on March 6, 2026 under the symbol RVI.

RVI is a closed-end fund that provides investors exposure to a concentrated portfolio of primarily private companies that now includes Airwallex, Boom, Canva, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, SpaceX and Stripe, with additional companies expected to be added over time.

Unlike many traditional private market vehicles, RVI is designed to be accessible to retail investors, with no accreditation requirements, no investment minimums, a competitive management fee, and no performance fees.

For too long, private markets have been out of reach to everyday investors, and RVI aims to expand access to this important and often closed-off part of the market. Giving retail investors the opportunity to get exposure to frontier companies is one of the most powerful ways RVI can help further Robinhood's mission to democratize finance for all.

RVI uses the "Announcements" section of the RVI website (accessible at https://robinhood.com/us/en/ventures/rvi/) and the Robinhood Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to RVI's press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.

Disclosures:

An investment in Robinhood Ventures Fund I is speculative and involves a high degree of risk with substantial risk of loss.

Robinhood Ventures is the investment adviser for RVI. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an SEC-registered investment adviser and a wholly owned subsidiary of Robinhood Markets, Inc. Robinhood Markets, Inc. holds interests in RVI and therefore has exposure to RVI's market price.

Forward-Looking Statements

This communication includes "forward looking statements," including statements regarding RVI's belief that Canva is one of the world's most compelling design platforms, the potential addition of portfolio companies to RVI over time and RVI's objectives to expand access to private markets. Forward-looking statements involve known and unknown risks, uncertainties and assumptions, including the risks outlined under "Risks" in the prospectus and elsewhere in RVI's filings with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. RVI and Robinhood have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.

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