About Rodo
Rodo is a Transportation, Automotive & Logistics company based in New York (United States) founded in 2016 by Amir Lahav, Zorah Anapolsky, and Nathan Hecht. New cars are leased or purchased via an app-based platform. Rodo has raised $44.78 million across 3 funding rounds from investors including IAC, Holman and Evolution VC Partners. Its chief executive, as recorded, is Nathan Hecht. Its focus areas include Consumer, Auto E-Commerce & Content, Leasing and Auto Tech. Its legal entity is RODO STEEL A/S. Its competitors include LeasePlan and Fair; 1 of its 2 listed competitors has raised funding.
Company details
Founded in 2016 and headquartered in New York, United States, Rodo functions as an app-based platform in the automotive leasing sector. Access to leasing or buying options for new vehicles is facilitated through user-submitted personal details, yielding customized pricing for local inventory. Exterior and interior panoramic views of cars are displayed. Dealers are supported with inventory management and advertising features. Compatibility is ensured for iOS and Android apps.
- Net Profit$1.07 M (USD)10as on Dec 31, 2022
- Total Equity Funding$44.78M (USD)
in 3 rounds
- Latest Funding Round$18M (USD), Series B
Jul 2021
- InvestorsIAC
& 8 more
Funding Insights of Rodo
Rodo has successfully raised a total of $44.78M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in July 2021. 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 $44.78M
- Total Rounds 3
- Last Round Series B — $18M
- First Round $3.6M
(Oct 2017)
- Investors Count 9
All 3 funding rounds of Rodo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $18M | Series B | – | Holman, Evolution VC Partners | |
| Feb 2018 | $23.18M | Series A | – | IAC | – |
| Oct 2017 | $3.6M | Seed | – | Evolution VC Partners |
9 investors in total: 5 institutional and 4 angel.
Investors in Rodo
Rodo has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IAC, Holman and Evolution VC Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are made by Evolution VC Partners. | evolutionvcp.com | New York, United States | ||
Lead Edge Capital is focused on growth equity investments in technology. | leadedge.com | New York, United States | ||
Vehicle upfitting services are designed and installed for fleets. | 1924 | holman.com | Mount Laurel Township, United States | |
Designs and scales innovative health programs for better living and disease prevention. | 2013 | heartbeat.ventures | Utrecht, Netherlands | |
Acquisitions and creations of media and internet brands are managed. | 1986 | iac.com | New York, United States | |
MM Mark McLarty | unknown_787c9b19892840178 | |||
FM Franklin McClarty | unknown_bdd2c6b4e56d4c76a | |||
KH Kevin Hart | Indian angel investor with interests in tech startups and innovation. | unknown_0d6d0db821784db48 | ||
KS Ken Schnitzer | unknown_05e798b809d54434b |
Investor details for Rodo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Rodo
9 people are tracked at Rodo (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Amir Lahav | Co-Founder | Leadership |
Zorah Anapolsky | Co-Founder | Leadership |
Nathan Hecht | Co-Founder & CEO | Leadership |
Asher Glatt, CPA | VP of Finance | Leadership |
Dave Zuniga | Director Of Operations | Leadership |
Lauren Rodriguez | Regional Sales Director | Leadership |
Franklin Charmevil | Northeast Regional Manager | Team |
Jesse Ritz | Customer Success & Logistics | Team |
Jordan Langsam | Mobile Engineer | Team |
Complete people profiles for Rodo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Rodo
3 dated milestones of Rodo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Rodo is founded.
- Funding First funding round of $3.6M.
- Funding Latest funding round, Series B, of $18.0M.
Competitors of Rodo
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| leaseplan.com | 1963 | Alpharetta, United States | 546 | Car leasing and financing services are offered via online platform. | ||
| fair.com | 2016 | Santa Monica, United States | $566M | 152 | Cars are leased via an app with personalized payment ranges. |
Detailed competitors of Rodo
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Web traffic of Rodo
The website of Rodo (rodo.com) receives about 5.7K visits a month.
- Monthly visits5.7K
▼ 45.7% vs previous month
Websites whose visitors overlap most with Rodo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
365.clarin.com | 365.clarin.com | 100% | – | ||
santanderrio.com.ar | santanderrio.com.ar | 100% | #229,735 | – |
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Frequently Asked Questions about Rodo
Rodo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Rodo is headquartered in New York, United States. It is registered at New York, New York, United States.
Nathan Hecht is the CEO of Rodo, as recorded in our data. They have also founded this company.
Rodo is a funded company, having raised a total of $44.78M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.6M, raised on Oct 2017.
Founded in 2016 and headquartered in New York, United States, Rodo functions as an app-based platform in the automotive leasing sector. Access to leasing or buying options for new vehicles is facilitated through user-submitted personal details, yielding customized pricing for local inventory. Exterior and interior panoramic views of cars are displayed. Dealers are supported with inventory management and advertising features. Compatibility is ensured for iOS and Android apps.
Rodo has 9 investors. Key investors include IAC, Holman, Evolution VC Partners, Mark McLarty, and Franklin McClarty.
Rodo operates through Rodo Steel A/S.