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Rho Capital Partners

Rho brings decades of investment and operating experience, partnering with founders to add strategic, differentiated value.

New York, NY, USA

Description

Rho Ventures (also known as Rho Capital Partners) is a long-standing venture capital firm headquartered in New York, NY, USA, with a track record dating back to 1981 and a broad investment footprint spanning seed through growth stages across technology sectors like software, biotech, health care, and information technology.

Seed: Participates as a seed and early institutional investor, often co-leading rounds.
Series A / Series B: Active in Series A and Series B, frequently taking lead or significant co-lead positions.
Growth & Later: Invests in later venture and growth rounds based on company trajectory and thesis fit.

Typical Check Size: Large relative to pure seed funds — often $5M–$25M+ per round, especially in Series A/B.
Typical Ownership Taken (Company Stakes):
• Rho typically targets meaningful minority equity positions in rounds it leads or co-leads rather than fixed small angel stakes. Because Rho invests larger, later tickets, equity stakes for early institutional rounds generally fall in the range of ~8%–15% when Rho is a lead or major participant.
• In growth rounds, its ownership can vary significantly based on valuation and prior dilution — but maintains non-controlling but strategic stakes.
Ownership Style: Minority but substantial — Rho often negotiates for board seats or observer rights when its economic interest and participation warrant governance influence (standard for institutional VC leads).
Equity Structure: Preferred equity in priced rounds is typical for Series A/B.

 Submission Method: Rho does not publicly offer a standard online application for founders; engagements typically occur via warm introductions, referrals from co-investors, or targeted outreach aligned with the firm’s thesis.
Lead Stance: Capable of leading or co-leading institutional rounds with strategic syndicate partners.
Review Cadence: Rolling, based on deal flow, company fit, and investment committee decisions.

Eligibility

Sector Focus: Broad technology and innovation across software/SaaS, health care/biotech, IT, industrial tech, and related domains.
Geography: U.S.-primary with some international activity; majority of investments are U.S.-based.
Stage: Seed through growth equity, with strongest activity in Series A and B
Company Profile: Venture-scale businesses with validated models and scaling trajectories; many companies have demonstrable revenue or traction. 
Team: Founders or executive teams with strong domain experience and execution capacity.

Process

Initial Intake: Review of deck, traction, and market opportunity.
 Partner Evaluation: Deep evaluation of team, product, tech differentiation, and business model.
 Due Diligence: Market, financial, product, and reference diligence.
 Deal Structuring: Terms negotiated to balance founder retention with institutional ownership aligned to growth capital deployment.

What an Applicant can Obtain

Strategic Capital: Institutional capital across early and growth stages tailored to expansion goals. 
Operational Support: Board-level guidance, network access, and strategic introductions.
Follow-On Support: Pro-rata participation in later rounds via established relationships.