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Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons.
E*TRADE (ETFC) and Charles Schwab (SCHW) competitor Robinhood raised $280M at an $8.3B valuation. Sequoia Capital led the round and was joined by NEA, Ribbit, 9Yards Capital, and Unusual Ventures. The commission-free consumer investing app says it added 3M accounts this year. Bloomberg sources say revenue tripled from February to the $60M in March.
Uber (UBER) led and Alphabet ([[GOOG]],[[GOOGL]]) joined the $170M financing round for electric