Tech Company Financing Transactions
Rho Business Banking Funding Round
Rho Business Banking, based in New York, secured $15 million in investment from M13, Inspired Capital Fund LLC and Torch Capital.
Transaction Overview
Company Name
Announced On
1/18/2021
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the proceeds to further expand their commercial banking platform aimed at high-growth businesses, starting with today's launch of Rho AP.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Crosby St.
New York, NY 10012
USA
New York, NY 10012
USA
Phone
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Everett Cook
Co-Founder
Alex Wheldon
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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.
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