Rho Technologies Overview
- Year Founded
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2018
- Status
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Private
- Employees
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198
- Latest Deal Type
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Debt
- Investors
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23
Rho Technologies General Information
Description
Developer of a digital banking platform designed to cater to the needs of high-growth companies. The company's platform brings commercial banking, spend management, and growth capital together in a single platform to gain access to flexible checking accounts for everyday operations and safely stores reserve capital in an insured treasury management account, enabling businesses to grant and control the spending of every team member with physical and virtual corporate cards.
Contact Information
Website
www.rho.coCorporate Office
- 100 Crosby Street
- New York, NY 10012
- United States
Corporate Office
- 100 Crosby Street
- New York, NY 10012
- United States
Rho Technologies Timeline
Rho Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt - General | 01-Jan-2024 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 19-Oct-2023 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series B) | 09-Dec-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A3) | 08-Jun-2021 | Completed | Generating Revenue | |||
| 4. Debt - General | 29-Apr-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 13-Nov-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Oct-2019 | $2.5M | $4.77M | Completed | Generating Revenue | |
| 1. Seed Round | 24-Oct-2018 | $2.27M | $2.27M | Completed | Generating Revenue |
Rho Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A3 | ||||||||
| Series A2 | ||||||||
| Series A1 | ||||||||
| Series A | ||||||||
| Seed-2 | 1,680,988 | $0.001000 | $0.09 | $1.49 | $1.49 | 1x | $1.49 | 7.28% |
| Seed | 2,325,581 | $0.001000 | $0.06 | $0.98 | $0.98 | 1x | $0.98 | 10.07% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Rho Technologies Comparisons
Industry
Financing
Details
Rho Technologies Competitors (40)
One of Rho Technologies’s 40 competitors is Aave, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Aave | Venture Capital-Backed | London, United Kingdom | ||||
| Coinbase Global | Formerly VC-backed | New York, NY | ||||
| Instadapp | Venture Capital-Backed | Lewes, DE | ||||
| dYdX (Financial Software) | Venture Capital-Backed | San Francisco, CA | ||||
| Sky (Financial Software) | Venture Capital-Backed | Copenhagen, Denmark |
Rho Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Rho Technologies Signals
Growth Rate
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Size Multiple
Key Data Points
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Majestic Referring Domains
Rho Technologies Investors (23)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Clocktower Ventures | Venture Capital | Minority | ||
| Freya Ventures | Venture Capital | Minority | ||
| 01 Advisors | Venture Capital | Minority | ||
| Claritas Capital | PE/Buyout | Minority | ||
| DFJ Growth | VC-Backed Company | Minority |
Rho Technologies Acquisitions (2)
Rho Technologies’s most recent deal was a Merger/Acquisition with Capital (Financial Services). The deal was made on 29-Aug-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Capital (Financial Services) | 29-Aug-2023 | Merger/Acquisition | Other Financial Services | ||
| InterPrime | 28-Feb-2022 | Merger/Acquisition | Other Financial Services |
Rho Technologies Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Capital (Financial Services) | San Francisco, CA | 2021 | |
| InterPrime | Menlo Park, CA | 2018 |
Rho Technologies FAQs
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When was Rho Technologies founded?
Rho Technologies was founded in 2018.
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Where is Rho Technologies headquartered?
Rho Technologies is headquartered in New York, NY.
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What is the size of Rho Technologies?
Rho Technologies has 198 total employees.
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What industry is Rho Technologies in?
Rho Technologies’s primary industry is Financial Software.
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Is Rho Technologies a private or public company?
Rho Technologies is a Private company.
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What is Rho Technologies’s current revenue?
The current revenue for Rho Technologies is .
-
How much funding has Rho Technologies raised over time?
Rho Technologies has raised $205M.
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Who are Rho Technologies’s investors?
Clocktower Ventures, Freya Ventures, 01 Advisors, Claritas Capital, and DFJ Growth are 5 of 23 investors who have invested in Rho Technologies.
-
Who are Rho Technologies’s competitors?
Aave, Coinbase Global, Instadapp, dYdX (Financial Software), and Sky (Financial Software) are some of the 40 competitors of Rho Technologies.
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