About Ro
Ro is a company based in New York (United States) founded in 2017 by Saman Rahmanian, Rob Schutz, and Zachariah Reitano.. Ro has raised $1.03 billion across 8 funding rounds from investors including Codecademy, PillPack and FirstMark. The company has 703 employees as of December 31, 2021. Ro has completed 4 acquisitions, including DadiKit, Kit and Modern Fertility. Ro operates in a competitive market with competitors including Amwell, HealthTap, MD Live, Plushcare and Teladoc Health, among others.
- Headquarter New York, United States
- Employees 703 as on 31 Dec, 2021
- Founders Saman Rahmanian, Rob Schutz, Zachariah Reitano
- Stage Unicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.03 B (USD)
in 8 rounds
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Latest Funding Round
$150 M (USD), Series D
Feb 15, 2022
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Investors
Codecademy
& 24 more
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Employee Count
703
as on Dec 31, 2021
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Investments & Acquisitions
DadiKit
& 3 more
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Software Development Team
55 people
Leadership Team
32 people
Product Management Team
24 people
Human Resources and Administration
11 people
Senior Team
9 people
Finance and Accounting
8 people
Sales and Marketing
7 people
Operations Team
7 people
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Funding Insights of Ro
Ro has successfully raised a total of $1.03B across 8 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $150.0M
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First Round
First Round
(03 Aug 2017)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Ro | Valuation | ShawSpring | |
| Mar, 2021 | Amount | Series D - Ro | Valuation | General Catalyst , TQ Ventures | |
| Jul, 2020 | Amount | Series C - Ro | Valuation | General Catalyst |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ro
Ro has secured backing from 25 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Codecademy, PillPack and FirstMark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund investing in tech-based startups
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ro
Ro has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DadiKit, Kit and Modern Fertility. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Sperm storage, fertility reports, and in-home collection kits are provided.
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2019 | ||||
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Home-based fertility diagnostic kits are offered by Modern Fertility.
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2016 | ||||
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Products are recommended and reviewed within category-specific communities.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ro Comparisons
Competitors of Ro
Ro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amwell, HealthTap, MD Live, Plushcare and Teladoc Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Telehealth solutions are provided for doctors and patients' consultations.
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| domain | founded_year | HQ Location |
Tech-enabled Q&A and video consultation platform for patients and doctors
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| domain | founded_year | HQ Location |
Cloud-based telemedicine consultations are offered 24/7 to patients nationwide.
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| domain | founded_year | HQ Location |
Primary healthcare is delivered through telemedicine services.
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| domain | founded_year | HQ Location |
SaaS-based robotic telehealth tools are provided for healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ro
Frequently Asked Questions about Ro
When was Ro founded?
Ro was founded in 2017.
Where is Ro located?
Ro is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Ro?
Zachariah Reitano is the current CEO of Ro. They have also founded this company.
Is Ro a funded company?
Ro is a funded company, having raised a total of $1.03B across 8 funding rounds to date. The company's 1st funding round was a Series C of $200M, raised on Aug 03, 2017.
How many employees does Ro have?
As of Dec 31, 2021, the latest employee count at Ro is 703.
What does Ro do?
Ro was founded in 2017 in New York, United States, as a digital health platform focused on mens health. Medications are provided for conditions such as erectile dysfunction, hair loss, premature ejaculation, cold sores, enlarged prostate, and genital herpes. Weight loss programs, fertility test kits, and consultation services are also available through its online operations.
How many acquisitions has Ro made?
Ro has made 4 acquisitions, including DadiKit, Kit, and Modern Fertility.
Who are Ro's investors?
Ro has 25 investors. Key investors include Codecademy, PillPack, FirstMark, TCG Ventures, and ShawSpring.
What is Ro's valuation?
The valuation of Ro is $7B as of Feb 2022.
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