What is Ro?
Ro is revolutionizing healthcare by providing high-quality, affordable services directly to patients, bypassing the traditional insurance model. The company's vertically integrated platform uniquely combines telehealth, in-home care, diagnostics, labs, and pharmacy services nationwide. This comprehensive approach enables a personalized, end-to-end healthcare experience, from initial diagnosis through medication delivery and ongoing care management. Ro has already facilitated over eight million digital healthcare visits across the United States, significantly impacting access to care, particularly in primary care deserts.
How much funding has Ro raised?
Ro has raised a total of $1B across 6 funding rounds:
Angel/Seed
$3.1M
Series A
$88M
Series B
$85M
Series C
$200M
Series D
$500M
Unspecified
$150M
Angel/Seed (2017): $3.1M with participation from Initialized Capital, Slow Ventures, General Catalyst, and Box Group
Series A (2018): $88M led by Tusk Ventures, FirstMark Capital, General Catalyst, Initialized Capital, Torch Capital, Slow Ventures, SignalFire, Sinai Ventures, and BoxGroup
Series B (2019): $85M supported by FirstMark Capital, General Catalyst, Slow Ventures, Box Group, and Initialized Capital
Series C (2020): $200M featuring TQ Ventures, FirstMark Capital, Torch, The Chernin Group, General Catalyst, BoxGroup, Initialized Capital, 3L, and SignalFire
Series D (2021): $500M backed by Radcliff, ShawSpring Partners, Torch Capital, SignalFire, Dragoneer Investment Group, The Baupost Group, Altimeter Capital, FirstMark Capital, TQ Ventures, 776, BoxGroup, and General Catalyst
Unspecified (2022): $150M with participation from FirstMark Capital, ShawSpring Partners, and General Catalyst
Key Investors in Ro
FirstMark Capital
FirstMark Capital is a venture capital firm that invests in technology companies, focusing on businesses with strong potential for growth and market disruption. They are known for their deep engagement with portfolio companies, providing strategic guidance and operational support.
General Catalyst
General Catalyst is a prominent venture capital firm that partners with founders to build transformative companies. They invest across various stages and sectors, offering significant operational expertise and strategic capital to drive innovation and scale.
SignalFire
SignalFire is a technology-driven venture capital firm that leverages data and AI to support early-stage companies. They provide a comprehensive suite of resources, including talent acquisition and market intelligence, to help founders achieve rapid growth.
What's next for Ro?
With its substantial enterprise-level backing and recent strategic investment, Ro is well-positioned for accelerated growth and further innovation in the healthcare technology landscape. The company's focus on a patient-centric, integrated model suggests a strategic direction towards expanding its service offerings, enhancing its technological infrastructure, and potentially exploring new market segments. Future developments may include further integration of its Workpath API for in-home care solutions and expansion of its Kit at-home diagnostic testing services, solidifying its role as a leader in accessible and comprehensive healthcare.
See full Ro company page
