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New Deal


Announced

Completed

General Catalyst led a $200m Series C round in Ro.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

telehealth

Health Care Services

United States

Private

Acquisition

Friendly

Completed

Minority

Private Equity

healthcare technology

Synopsis

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Private equity firm General Catalyst led a $200m Series C round in Ro, a telehealth company, with significant participation from investors FirstMark Capital, Torch, SignalFire, TQ Ventures, Initialized Capital, 3L, The Chernin Group and BoxGroup. Ro will use the newly raised capital to build out technology to address healthcare access and affordability challenges faced by patients.

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