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Rho Ventures

North America, New York, United States, New York

Description

Rho Ventures is a prominent venture capital firm with a rich history, operating as the venture arm of Rho Capital Partners, a multi-strategy private equity firm established in 1981. With decades of experience, Rho Ventures has built a reputation for identifying and nurturing high-growth companies across diverse sectors. The firm focuses on delivering capital and strategic support to innovative businesses poised for significant market impact, aiming to foster long-term value creation.

The firm's investment strategy is broad yet discerning, targeting companies from early-stage to growth-stage. Rho Ventures actively seeks opportunities in rapidly evolving industries such as enterprise software, cybersecurity, fintech, digital media, healthcare IT, and cleantech. They are known for their hands-on approach, partnering closely with management teams to provide operational expertise, strategic guidance, and access to their extensive network. This collaborative model is central to their philosophy, aiming to accelerate the development and scaling of their portfolio companies.

Rho Ventures has consistently demonstrated its ability to raise substantial capital, reflecting investor confidence in its disciplined approach and track record. For instance, the firm successfully closed Rho Ventures X with $250 million in 2022, following its $200 million Rho Ventures IX fund in 2018. These funds contribute to the broader Rho Capital Partners' total capital under management, which exceeds $2.5 billion across its various strategies. This significant financial backing enables Rho Ventures to make meaningful investments and provide follow-on capital to support its portfolio companies through various growth phases.

Through its enduring presence in the venture capital landscape, Rho Ventures has played a pivotal role in the success of numerous technology and innovation-driven enterprises. The firm's commitment to long-term partnerships and its deep industry expertise position it as a valuable ally for entrepreneurs seeking to transform their visions into market-leading realities.

Investor Profile

Rho Ventures has backed more than 130 startups, with 1 new investments in the last 12 months alone. The firm has led 34 rounds, about 26% of its total and boasts 44 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Biotechnology, Health Care, Software.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series B (21%)
  • Series A (17%)
  • Series Unknown (17%)
  • Series C (15%)
  • Series D (13%)
  • Series E (6%)
  • Seed (5%)
  • Private Equity (2%)
  • Debt Financing (2%)
  • Convertible Note (1%)

Country Focus

  • United States (90%)
  • Canada (5%)
  • United Kingdom (2%)
  • Australia (1%)
  • Israel (1%)
  • Switzerland (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Software
  • Information Technology
  • Manufacturing
  • Telecommunications
  • Pharmaceutical
  • Medical
  • Security
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Rho Ventures frequently co-invest with?

MedImmune Ventures
North America, Maryland, United States, Gaithersburg
Co-Investments: 6
Sevin Rosen Funds
North America, Texas, United States, Dallas
Co-Investments: 16
Star Ventures
Europe, Bayern, Germany, München
Co-Investments: 9
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 5
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 5
HealthCare Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 9
CenterPoint Venture Partners
North America, Texas, United States, Dallas
Co-Investments: 15
Care Capital
North America, New Jersey, United States, Princeton
Co-Investments: 12
Braemar Energy Ventures
North America, New York, United States, New York
Co-Investments: 9
Prospect Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 6

Which angels does Rho Ventures often collaborate with?

BL
Europe, England, United Kingdom, London
Shared Deals: 1
BR
North America, New York, United States, New York
Shared Deals: 1
KW
North America, New York, United States, New York
Shared Deals: 1
RC
North America, New York, United States, New York
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
AZ
North America, California, United States, Mountain View
Shared Deals: 1
Darian Shirazi
North America, California, United States, San Francisco
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
WC
North America, California, United States, Mission Viejo
Shared Deals: 1

What are some of recent deals done by Rho Ventures?

Fondo

San Francisco, California, United States

Fondo helps with bookkeeping and beyond so founders can grow their businesses with more resources.

AccountingBusiness DevelopmentProductivity Tools
SeedNov 22, 2024
Amount Raised: $7,000,000
Aluna

San Francisco, California, United States

Aluna provides an at-home spirometer to maintain healthy lung function.

AppsHealth CareMedical DeviceWireless
Series BJan 31, 2023
Amount Raised: $15,300,000
Blocknative

San Francisco, California, United States

Blocknative is a provider of real-time blockchain transaction management and monitoring solutions for public blockchain networks.

BitcoinBlockchainDecentralized Finance (DeFi)Ethereum
Series ADec 15, 2022
Amount Raised: $15,000,000
Leal Health

New York, New York, United States

Leal is the leading AI-powered treatment decision support platform that democratizes patient access to cancer treatments

Artificial Intelligence (AI)Clinical TrialsCommunitiesHealth CareMarketplaceSaaS
Series AFeb 7, 2022
Amount Raised: $20,000,000
Feel

New York, New York, United States

Feel connects brands and personal shoppers by providing real-life virtual product demonstrations and an online shopping experience.

E-Commerce
SeedMar 1, 2021
Amount Raised: $4,000,000
Leal Health

New York, New York, United States

Leal is the leading AI-powered treatment decision support platform that democratizes patient access to cancer treatments

Artificial Intelligence (AI)Clinical TrialsCommunitiesHealth CareMarketplaceSaaS
Series AFeb 22, 2021
Amount Raised: $4,999,988
Suzy

New York, New York, United States

Suzy is a technology platform that harnesses collective insights from millions of consumers worldwide to deliver real-time intelligence.

Artificial Intelligence (AI)Business IntelligenceCrowdsourcingMarket ResearchProduct ResearchSaaSSoftware
Series CSep 1, 2020
Amount Raised: $16,000,000
Vertoe

New York, New York, United States

Vertoe is on-demand short term storage provider, so you can store your stuff instantly anywhere, anytime

Self-Storage
Convertible NoteDec 12, 2019
Amount Raised: $2,000,000
Dashlane

New York, New York, United States

Dashlane is a leading credential manager that removes complexity by pairing comprehensive security with ease of use.

Identity ManagementPrivacySecuritySoftware
Series DMay 30, 2019
Amount Raised: $110,000,000
Enerkem

Montréal, Quebec, Canada

Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products.

BiofuelCleanTechRecyclingWaste Management
Corporate RoundApr 17, 2019
Amount Raised: $76,300,000