Robinhood completes acquisition of Pluto to enhance AI-powered investment advice
Acquiring Company
Robinhood Markets, Inc.
Acquired Company
Pluto
Description
Robinhood, a leading name in the crypto industry, has announced the acquisition of Pluto, an innovative AI-driven investing copilot. This strategic move aims to enhance Robinhood's offerings with advanced AI tools, catering to retail investors and empowering them to make informed investment decisions with cutting-edge AI technology.
Quick answer
Robinhood Markets, Inc. is acquiring Pluto, announced July 1, 2024. Robinhood Markets, Inc. is based in Menlo Park, California, United States.
- How much did Robinhood Markets, Inc. pay for Pluto?
- The deal value was not disclosed.
- What does Robinhood Markets, Inc. do?
- Robinhood Markets, Inc. is on a mission to democratize finance for all.
- Where are Robinhood Markets, Inc. and Pluto based?
- Robinhood Markets, Inc. is based in Menlo Park, California, United States. Pluto is based in United States.
- Who are the decision-makers at Robinhood Markets, Inc?
- Fundz holds 4 contacts at Robinhood Markets, Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Robinhood acquires Bitstamp in $200 million deal to expand crypto operations, $200M (June 6, 2024)
- Robinhood completes acquisition of Bitstamp to strengthen its global presence in the cryptocurrency market (June 6, 2024)
- Ripple completes acquisition of Standard Custody & Trust Company to launch stablecoin and expand enterprise blockchain solutions (June 13, 2024)
- Talos completes acquisition of Skolem to enhance institutional access to DeFi (May 30, 2024)
- Armada Acquisition Corp. I completes business combination with Rezolve AI Limited to transform digital retail engagement (August 15, 2024)
- Stellex Capital, in Partnership with Communify, Acquires Financial Data Provider Fincentric (August 15, 2024)
Who to call at Robinhood Markets, Inc., and when
When Robinhood Markets, Inc. changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Robinhood Markets, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Robinhood Markets, Inc., from your own LinkedIn network
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Related People
Frequently asked
Who acquired Pluto?
Pluto was acquired by Robinhood Markets, Inc., based in Menlo Park. The deal was reported on July 1, 2024. Robinhood Markets, Inc. is on a mission to democratize finance for all. Robinhood Markets, Inc. is publicly traded (HOOD) and operates in Information Technology.
When did Robinhood Markets, Inc. acquire Pluto?
Robinhood Markets, Inc.'s acquisition of Pluto was reported on July 1, 2024. Robinhood, a leading name in the crypto industry, has announced the acquisition of Pluto, an innovative AI-driven investing copilot. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pluto do?
Pluto is the finance workflow automation & spend management platform of choice for SMEs of all sizes in UAE. It is privately held, operating in Information Technology, and is based in United States.
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