Rho Technologies is the NYC-based fintech behind Rho Business Banking, the only finance platform built from the ground-up to help business teams work better together.
Rho’s products support high-growth businesses with modern services that work for entrepreneurs.
Rho was founded in 2018 by Everett Cook and Alex Wheldon. The company is headquartered in New York.
Rho's product helps eliminate entrepreneurial frustration by providing a full-service digital banking solution that integrates with the tools and services that modern entrepreneurs use to run their businesses.
The Rho Business Banking platform approach consists of a single solution that encompasses both collaborative finance software and commercial-grade banking, which together help businesses save time, money, and effort as they grow.
Rho’s platform approach consists of a single solution that encompasses both collaborative finance software and commercial-grade banking. The platform now claims to be handling more than $2 billion per year in annualized transaction volume for its clients.
Rho is backed by M13 Ventures, Community Investment Management (CIM), Torch Capital, Inspired Capital, Rogue Capital, Michael Vaughan and others. The company raised $100M in Debt financing on Apr 29, 2021. This brings Rho's total funding to $119.9M to date.