News

Gunderson Dettmer represents Robinhood in latest financing round

May 10, 2018Client News

Gunderson Dettmer served as lead counsel to Robinhood in its $363 million Series D financing round led by DST Global with participation from new investors Iconiq, Capital G, Sequoia Capital, and Kleiner Perkins. Existing investors included NEA and Thrive Capital.

The Gunderson Dettmer deal team was led by corporate partner Dan O’Connor along with corporate partner Jared Grauer, corporate and securities associates Ibrahim Elshamy and Darin See.

Robinhood is a stock brokerage that allows customers to buy and sell U.S. listed stocks and ETFs with zero commission.

For further details, an announcement about the financing round can be seen here.