Robinhood Ventures Fund I

This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Trustees of the Fund for use at the 2026 virtual annual meeting of shareholders of the Fund (the “Meeting”), to be held solely by means of remote communication at www.proxydocs.com/RVI at 9:00 a.m., Pacific time, on Friday, November 20, 2026, and at any postponements or adjournments thereof.

This Proxy Statement and the accompanying materials and the notice of internet availability of proxy materials (“Notice”) were provided to shareholders on or about October 8, 2026.

We encourage you to vote your shares via the Internet, by telephone or by signing, dating and returning the proxy card. Voting instructions are printed on the Notice and on the proxy card and are included in this proxy statement. Any person giving a proxy has the power to revoke it any time prior to the Meeting and shareholders who participate at the Meeting may withdraw their proxies and vote online. If you provide voting instructions, either via the Internet, by telephone or by signing, dating and returning the proxy card, and the Fund receives your voting instructions by 11:59 PM Eastern Time on November 19, 2026, the persons named as proxies will vote your shares in the manner that you specified.