Ro funding rounds & valuation history
Ro, the New York direct-to-patient telehealth company, from its 2018 Series A (as Roman) to the 2022 insider round at $7B, sourced to TechCrunch and Ro’s press release.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Insider roundRaised “exclusively from existing investors”. Valuation conflict: $7B (2022 reports) vs about $6.6B (TechCrunch, 2024); the page uses the contemporaneous $7B. |
$150M |
ShawSpring PartnersWith: FirstMark Capital, General Catalyst, Seven Seven Six, BoxGroup, Altimeter, Baupost, Initialized, TQ Ventures, TCG |
$7BTechCrunch, citing sources close to the company and Bloomberg (“raised at a $7 billion valuation”); TechCrunch in Oct 2024 wrote “around $6.6 billion”1.40× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series DTechCrunch: Ro had raised more than $876M since its 2017 founding after this round. |
$500M |
—Not disclosed |
$5BPer TechCrunch’s Feb 2022 report (“upping Ro’s valuation from $5 billion”); not stated in the 2021 announcement3.33× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series CFrom existing investors plus first-time investor The Chernin Group. |
$200M |
General CatalystWith: FirstMark, Torch, SignalFire, TQ Ventures, Initialized, 3L, BoxGroup; new: The Chernin Group |
$1.5BReported (“a reported $1.5 billion valuation”, TechCrunch); not stated by Ro3.00× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series BLead investor not named in the source. Seven months after the Series A. |
$85M |
—Not disclosed |
$500MReported by TechCrunch (“valued … at $500 million with an $85 million Series B financing, sources confirm”); not stated by Ro |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series ARaised while the company was branded Roman; used to launch its quit-smoking brand Zero (TechCrunch). TechCrunch (2019): “The company’s outsized Series A, led by FirstMark Capital”. |
$88M |
FirstMark Capital |
—Not disclosedNo valuation stated in an authority source |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Closed rounds with a stated or reported valuation. Talks, tenders and rounds without a valuation are in the table, not the chart.
Sources: TechCrunch; Ro. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 18 Sep 2018 · Closed
Series A: $88M, led by FirstMark Capital.
- 15 Apr 2019 · Closed
Series B: $85M at $500M.
- 27 Jul 2020 · Closed
Series C: $200M at $1.5B, led by General Catalyst.
- 22 Mar 2021 · Closed
Series D: $500M at $5B.
- 15 Feb 2022 · Closed
Insider round: $150M at $7B, led by ShawSpring Partners.
Cite this dataset
Free to quote with a link back. Copy this citation:
Ro Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/ro/
Download the data
The same 5 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
ro-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/ro-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed funding before the Series A (not separately sourced here), acquisitions made by Ro, and secondary-market price estimates.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 3, not yet published).
Sources
- TechCrunch: Existing investors double down on Ro at boosted $7 billion valuation, 15 Feb 2022
- Ro: Ro Raises $150 Million from Existing Investors to Expand its Direct-to-Patient Healthcare Model, 15 Feb 2022
- TechCrunch: Ro CEO Zachariah Reitano says the benefits of being a private company are growing, 22 Oct 2024
- TechCrunch: Ro raises $500M to grow its remote and in-home primary care platform, 22 Mar 2021
- TechCrunch: Digital elective care and telemedicine provider Ro raises $200 million at a reported $1.5 billion valuation, 27 Jul 2020
- TechCrunch: Ro, a direct-to-consumer online pharmacy, reaches $500M valuation, 15 Apr 2019
- TechCrunch: Erectile pharmacy app Roman raises $88M to launch ‘quit smoking’ kit, 18 Sep 2018