Rho

Rho

Financial Services

Rho is the business banking platform with everything you need to manage your company cash and grow your business.

About us

Rho is the business banking platform with everything you need to manage your company cash and grow your business. Apply in minutes and enjoy 24/7 customer support and enterprise-grade spend management without monthly, wire, or ACH fees. Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management, LLC, and its partner banks.

Website
https://rho.co
Industry
Financial Services
Company size
51-200 employees
Headquarters
New York
Type
Privately Held
Founded
2018
Specialties
banking and payments

Locations

Employees at Rho

Updates

  • View organization page for Rho, graphic

    10,027 followers

    NEW from Rho: We're partnering with Navan to help finance teams fix one of their most frustrating pain points! Managing travel and expense (T&E). Finance teams manage a LOT in a single day, but today’s finance stack is expensive and kills more time than it claims to save. This isn’t the right way to do it. This is why we’re excited to announce our new partnership with Navan. Here’s how it came to be and what it means for you. Want to learn more about our partnership and what it means for finance teams? Learn more by watching the video below and reading the full blog post in the comments!

  • View organization page for Rho, graphic

    10,027 followers

    NEW: We're excited to announce our new partnership with Fondo, the all-in-one accounting platform for high-growth startups. What does this mean for startups? Starting today, new, qualifying Fondo clients can receive up to three months of Fondo bookkeeping services when they open a Rho Business Checking Account and meet the qualifying requirements. See the applicable terms and conditions here: https://bit.ly/3YzZGgk Just follow a few easy steps: 1. Signup for a Fondo account 2. Under “How did you hear about us?” select “Rho Offer” 3. The Rho offer will be applied at checkout 4. Complete all Onboarding Action items, including opening your Rho account via Fondo Marketplace. See applicable terms and conditions: https://bit.ly/3YzZGgk Why are we partnering with Fondo? Helping startups focus on what really matters is core to our mission at Rho. Whether you’re a startup founder who is just incorporating their business or you’re in the growth stage of building a product, your startup’s bookkeeping processes may not top your list of priorities. However, getting your finances in order is critical to long-term success, so many startups turn to world-class accounting solutions like Fondo to assist them with finance back-office so startups can focus on what really matters. We believe founder time is best spent investing time in areas that will increase their odds of long-term success, so we’ve built Rho to help remove distractions. With one platform, you can manage your company cash, control spending, and enjoy finance automation that maximizes the time spent building your business. Today’s partnership with Fondo complements these efforts, as we invest to help tomorrow’s generational companies eliminate the pain of accounting and finance and maximize their chances of success. Learn more by reading the full post linked below in the comments.

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  • View organization page for Rho, graphic

    10,027 followers

    Founder pro tip: learn when to listen to investors and when not to ✅ On the one hand, you want to be sure to actively seek guidance from your investors—they are there to help, after all. But leaning too heavily into this can leave you with little agency to make your own decisions and follow your intuition. As Rob Bailey put it in this week's episode of NY Seed Round with Justin Wolz: “It's really about developing your own unique, but really smart point of view that's constantly evolving rather than just reactively doing whatever some investor may have suggested off the cuff.” Link to the full conversation in the comments 👇

  • View organization page for Rho, graphic

    10,027 followers

    Stay tuned for our upcoming episode of NY Seed Round with Hadley Harris! 🗽

    View profile for Justin Wolz, graphic

    Head of Marketing at Rho | Angel Investor | Pod Host

    One highlight of the week: A great conversation this morning with Eniac Ventures founding GP Hadley Harris, an upcoming guest on the Rho NY Seed Round pod! We covered a lot of ground: 🗽 Creating switching costs as AI eats SaaS 🗽 Essays Hadley has written on PMF, vertical software, and founder fundraising 🗽Predictions around Eniac's upcoming Seed Sentiment Survey 🗽New England's greatness: Was it Tom Brady or Bill Belichick? Excited to share this episode soon!

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  • View organization page for Rho, graphic

    10,027 followers

    What did crewAI co-founder Rob Bailey learn from Kustomer's billion-dollar exit? Quite a lot! In this week's episode of NY Seed Round, Justin Wolz sits down with Rob to discuss his experience scaling Kustomer—which was later acquired by Facebook—and all the important lessons he learned along the way. In their conversation, they touch on a host of timely topics, including: 🛑 What mistakes can kill startups 🥇 What it's like going up against massive incumbents 🤖 Why founders might be getting too excited about AI 💰 Why it can be a bad idea to fundraise too early Link to their full conversation in the comments 👇

  • View organization page for Rho, graphic

    10,027 followers

    A NEW episode of NY Seed Round drops tomorrow with the co-founder of crewAI, Rob Bailey! 🎉 In his conversation with Justin Wolz, Rob dives into a ton of practical insights for founders, including: 🏅 What actually makes an exceptional founder 👀 The importance of paying attention to what your customers are doing 🏃♂️ Why you're probably not iterating fast enough 🤔 ...and why it's important to develop your own sense of decision-making Stay tuned for the full drop!

  • View organization page for Rho, graphic

    10,027 followers

    "I think a lot of the time people talk about overnight successes, right? We're working on our 10-year overnight success right now.” In our inaugural installment of the Starting Up series, we're sharing the story of Rho customer, Joseph Jacob, co-founder of burnt. Having grown up near the restaurant industry, JJ saw first-hand the challenges owners faced with back-of-house operations. But the road that led him to co-found Burnt was full of life-changing moments that would challenge his ability to persevere—and survive. Link to the blog and full video in the comments 👇

  • View organization page for Rho, graphic

    10,027 followers

    As a founder, moments of failure are all but guaranteed ⛈ But what matters most is how you rebound from these bumps in the road. As founder and general partner of SuperAngel.Fund, Ben Zises, put it in our most recent episode of NY Seed Round: "If you don't go forwards, you're moving backward. And you can't change the past. And so, I think the key is really taking those learnings and making sure you don't make those same mistakes again." Link to his full conversation with Justin Wolz below 👇

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