Ro says it has facilitated more than 5 million digital healthcare visits for patients in nearly every county in the U.S., including 98% of primary care deserts, since it was founded in 2017.
Ro’s Series C funding round included significant participation from existing investors FirstMark Capital, Torch, SignalFire, TQ Ventures, Initialized Capital, 3L and BoxGroup as well as first time investor The Chernin Group and, with this new round, the Ro team has raised a total of $376 million since the company was founded in 2017.
Ro operates three digital health clinics in the U.S.: Roman for men’s health, Rory for women’s health and Zero for smoking cessation and says that between the three its product offerings cover nearly 20 conditions, including sexual health, weight loss, dermatology and allergies. Ro quietly launched Ro Pharmacy, its online cash pay pharmacy, to existing customers in April and offers more than 500 generic medications for $5 per month per drug.
Patients use the company’s digital platform to connect with a “Care Team” which includes a U.S. licensed doctor or nurse practitioner, although appointments are not covered by insurance, a visit costs $15 which Ro says is less than many co-pays.
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