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Robinhood raises $320m in new Series F funding at $8.6b valuation

San Francisco based no-fee digital brokerage raised $320m in Series F funding from new and existing investors including TSG Consumer Partners and IVP.

Including the $280 million that the company had already announced, Robinhood said that it was “pleased to share” that it “raised an additional $320 million in subsequent closings.” Its now $600 million funding round brings its post-money valuation to $8.6 billion.

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robinhood, trading, capital markets