Forbes-backed online pharmacy Ro has received $200m in funding led by General Catalyst, trebling its valuation to $1.5bn.
Ro, a US-based online healthcare services provider backed by publisher Forbes, has collected $200m in a funding round led by General Catalyst, CNBC reported yesterday.
Founded in 2017, Ro’s initial offering was Roman, a telehealth service focused on male conditions that often have a stigma attached to them, such as erectile dysfunction. It has since adjusted its focus to include chronic conditions that require ongoing support, such as diabetes.
The company has also added a similar service aimed at women,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.