Ro

A direct-to-patient telehealth service in the U.S. that provides online doctor visits, prescriptions, lab testing and home delivery of medication. Services cover men's and women's health, smoking cessation and weight management, including GLP-1 medications, under brands such as Roman.

Health & biotechTelehealth and online pharmacyNew York, United States
FoundersSince 2017
Valuation
$7.0B
Total raised
$1.0B
Last round · Feb 2022
Funding round
Founded
2017
Quarters in VP50
6

Valuation

$100M$1B$10B2019202020212022$7.0B
Ro priced rounds
RoundDatePost-money valuationRaisedLed by
Series ASep 18, 2018$154M$88MFirstMark Capital
Series BApr 15, 2019$500M$85MUnknown
Series CJul 27, 2020$1.5B$200MGeneral Catalyst
Series DMar 22, 2021$5.0B$500MFirstMark Capital, General Catalyst, and TQ Ventures
Funding roundFeb 15, 2022$7.0B$150MShawSpring Partners
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #9, in Q2 2021.

Funding rounds

DateRound · leadRaisedValuation
Feb 15, 2022Funding round · ShawSpring Partners$150M$7.0B
Mar 22, 2021Series D · FirstMark Capital, General Catalyst, TQ Ventures$500M$5.0B
Jul 27, 2020Series C · General Catalyst$200M$1.5B
Apr 15, 2019Series B$85M$500M
Sep 18, 2018Series A · FirstMark Capital$88M$154M
Oct 31, 2017Seed · General Catalyst$3M—

Team

Ro | Venture Place