How Much Did Rho Raise?
Funding & Key Investors

Rho, a privately-held contract research organization (CRO) established in 1984, has secured $5M in total capital, with its most recent financing round bringing in $5M through a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the drug development sector.

What is Rho?

Rho
Business ServicesResearch & Development

Rho operates as a comprehensive contract research organization, offering a full spectrum of clinical research services that span the entirety of the drug development process. Situated near Chapel Hill, NC, the company leverages decades of experience to support pharmaceutical and biotechnology firms in bringing new therapies to market. Its long-standing history and integrated service model position it as a key player in facilitating clinical trials and regulatory submissions.

How much funding has Rho raised?

Rho has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Rho

PPP

Public-Private Partnership

What's next for Rho?

The recent major strategic investment signals a pivotal moment for Rho, likely enabling expansion of its service offerings, enhancement of its technological infrastructure, or further penetration into key therapeutic areas. Given its enterprise-level funding context, Rho is poised for accelerated growth, potentially through strategic acquisitions or the development of novel research methodologies. This capital infusion is expected to solidify its competitive advantage and support its mission to advance medical innovation.

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Frequently Asked Questions Regarding Rho Financial Insights

What are the most recent funding rounds that Rho has completed, and what were the funding rounds?
Rho has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Rho has raised to date?
Rho has raised a total of $5M in funding to date.
How many funding rounds has Rho completed?
Rho has completed 1 funding rounds.
How much funding did Rho raise in its most recent funding round?
Rho raised $5M in its most recent funding round.
Who are the lead investors in Rho's latest funding round?
The lead investor in Rho's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Rho's history?
The largest funding round in Rho's history was $5M.
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