Loading Robinhood Ventures Fund II...
80 YC-connected companies — full breakdown
Built by Trace Cohen · Free to use · Data refreshed regularly · Reach out at t@nyvp.com
Robinhood's second venture fund takes a radically different approach from Fund I. Instead of 7 concentrated late-stage bets, Fund II spreads across 80 early-stage companies — every one connected to Y Combinator.
| Metric | Detail | Notes |
|---|---|---|
| Portfolio Companies | 80 | All YC-connected or YC-alum founded |
| Largest Position | Tasklet — 4.50% | Only overweight position in the fund |
| Standard Weight | ~1.12% each | 78 of 80 companies hold this equal weight |
| Smallest Position | Luel — 0.45% | Only underweight position |
| Cash & Equivalents | 7.39% | Lower cash allocation vs Fund I's 19.78% |
| Sectors | 7 | Technology (64%), Industrials (9%), Financial Services (8%), Healthcare (7%), Consumer Cyclical, Energy, Communications |
| YC Filter | 100% | Every company is a current YC company or YC-alum founder |
Fund I bets big on 7 proven late-stage unicorns (Databricks, Revolut, Mercor, Ramp, Oura, Airwallex, Boom Supersonic) with the largest position at 23%. Fund II spreads across 80 early-stage companies at ~1.12% each — closer to a venture index fund than a traditional VC portfolio.
Fund II exclusively targets Y Combinator companies or YC-alum founders. With a ~1.5% acceptance rate and alumni like Stripe, Airbnb, and DoorDash, this is a systematic bet that YC's selection process produces outsized returns at the portfolio level, even if most individual companies fail.
Fund I holds late-stage unicorns with clear IPO paths and public financials. Fund II holds early-stage companies where most are pre-revenue or early-revenue. Higher risk, but also higher potential upside per dollar if winners emerge from the 80-company portfolio.
Fund II is far more tech-heavy (64% vs Fund I's 37%) and far less fintech-concentrated (8% vs 29%). It also has less cash drag (7.4% vs 19.8%). The portfolio includes defense tech, healthcare, robotics, and consumer — not just software.
Robinhood Ventures Fund II is Robinhood's second venture fund, disclosed via SEC filing. Unlike Fund I's concentrated bet on 7 late-stage unicorns, Fund II takes a diversified approach: 80 early-stage companies, all connected to Y Combinator, near-equally weighted at ~1.12% each. It's a systematic bet on YC's legendary selection process.
The fund holds 80 companies across 7 sectors. Notable names include Tasklet (cloud agent OS, largest position at 4.50%), Apollo Atomics (compact nuclear reactors), CellType (AI drug discovery with Google DeepMind), Tenet Industries (low-cost strike drones), and Klaimee (insurance for AI agents). The full list with descriptions is available in the interactive dashboard above.
Fund I holds 7 late-stage unicorns (Databricks, Revolut, Mercor, Ramp, Oura, Airwallex, Boom Supersonic) at 7-23% weights with 19.8% cash. Fund II holds 80 early-stage companies at ~1.12% each with only 7.4% cash. Fund II is 64% tech vs Fund I's 37%. Fund II is higher risk but far more diversified — closer to a venture index fund.
YC has a ~1.5% acceptance rate and alumni include Stripe ($65B), Airbnb ($80B), and DoorDash ($60B). The combined valuation of YC alumni exceeds $1 trillion. Fund II is a portfolio-level bet that YC's selection process — the most rigorous in venture — produces outsized returns even when most individual companies fail.