Tech Company Financing Transactions

Rho Business Banking Funding Round

On 12/10/2021, Rho Business Banking raised $75 million in Series B investment from Dragoneer Investment Group, DFJ Growth and Inspired Capital Fund LLC.

Transaction Overview

Announced On
12/10/2021
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Investors

Dragoneer Investment Group (Lead Investor)

DFJ Growth (Sam Fort)

Inspired Capital Fund LLC (Alexa Von Tobel)

M13 (Latif Peracha)

Torch Capital

Proceeds Purpose
The New York-based fintech plans to primarily use to invest in technology and build more expansive products to continue to cover the entirety of corporate spend and cash management.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Crosby St.
New York, NY 10012
USA
Website
Email Address
Overview
We get it. We're entrepreneurs, too. We know that when you're starting up, business banking is difficult. But we want to give you one thing you don't have to worry about. So we built for you what we wish someone had built for us.
Profile
Rho Business Banking LinkedIn Company Profile
Social Media
Rho Business Banking Company Twitter Account
Company News
Rho Business Banking News
Facebook
Rho Business Banking on Facebook
YouTube
Rho Business Banking on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Everett Cook
  Everett Cook LinkedIn Profile  Everett Cook Twitter Account  Everett Cook News  Everett Cook on Facebook
Co-Founder
Alex Wheldon
  Alex Wheldon LinkedIn Profile  Alex Wheldon Twitter Account  Alex Wheldon News  Alex Wheldon on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/10/2021: Passbase venture capital transaction
Next: 12/10/2021: Braintrust venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary