Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

CEO Chris Britt brings chime playbook to disrupt 2025 TechCrunch

September 18, 2025

Thomas Wolf of Hugging Face of the Future of Open AI at atrupt 2025

September 18, 2025

Dawn Capital's Samillah Bankiya breaks down the state of the euroventure market

September 18, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Google brings Pixel 6 and new devices to Material3 Expressive, along with other features, to the Pixel 6 and new devices

    September 3, 2025

    Google's NoteBookLM now allows you to customize the tone of your AI podcasts

    September 3, 2025

    Roblox expands the use of age estimation techniques and introduces standardized assessments

    September 3, 2025

    Instagram finally launches the iPad app

    September 3, 2025

    Complete the 2025 Confusion Builder Stage Agenda with the Maximum Scaling Voice

    September 3, 2025
  • Crypto

    PayPal will add a new one-to-one payment link to support Crypto soon

    September 15, 2025

    10 additional exhibition tables open and open in 2025

    September 15, 2025

    Stripe will showcase who WHO including Humanity, Openai and Paradigm to build a new blockchain

    September 4, 2025

    Coinbase CEO explains why he fired an engineer who didn't try AI right away

    August 22, 2025

    Your next customer is destroying the 2025 Expo floor

    August 19, 2025
  • Security

    Irregular ones raise $80 million to protect frontier AI models

    September 17, 2025

    Jaguar Land Rover suspends production for third week due to cyber attack

    September 17, 2025

    Insight Partners at VC Company say thousands of staff and limited partners have stolen personal data in ransomware attacks

    September 17, 2025

    Samsung Patch Zero Day Security Flaws are used to hack into customer's mobile phones

    September 16, 2025

    Gucci, Balenciaga and other brands own companies checking hacks

    September 15, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    CEO Chris Britt brings chime playbook to disrupt 2025 TechCrunch

    September 18, 2025

    Thomas Wolf of Hugging Face of the Future of Open AI at atrupt 2025

    September 18, 2025

    Dawn Capital's Samillah Bankiya breaks down the state of the euroventure market

    September 18, 2025

    nvidia ai chip challenger Groq is up more than expected, valuing $6.9 billion

    September 17, 2025

    Kleiner Perkins-Backed Voice AI startup Keplar aims to replace traditional market research

    September 17, 2025
TechBrunchTechBrunch

Ro CEO Zachariah Reitano says the benefits of being a private company are growing

TechBrunchBy TechBrunchOctober 22, 20242 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


Zakaria Reitano, co-founder and CEO of Ro, said he would “never say never” that he would take the seven-year-old telemedicine company public, but it is privately held. He said he believes the benefits of this are increasing.

Reitano fielded multiple questions from Axios reporter Dan Primack at Axios' BFD event on Oct. 22 about whether the company has plans to IPO in the near term or in general. I got away.

“This may not be a satisfactory answer, but the truth is that at this point we are focused on providing the highest quality products to our patients,” Reitano said.

Ro has raised over $1 billion in venture capital from General Catalyst, Initialized Capital, Torch Capital, and others. Ro recently raised $150 million in a round led by ShawSpring Partners, valuing the company at approximately $6.6 billion.

Reitano's sentiment is likely shared by other late-stage startup founders as venture-backed companies continue to go private, according to PitchBook data. Another factor driving companies private is the rise of secondary markets, which have become an increasingly popular means of providing liquidity to investors and employees. However, much of the activity is centered around a small number of companies.

He also talked about the company's big “uncomfortable bet” on weight loss drugs that will be available on the platform in 2023. Ro was founded in 2017 by Rob Schutz, Saman Rahmanian, and Reitano as a telemedicine company focused on erectile dysfunction. The company has further expanded its men's and women's health categories, including hair growth, fertility, and skin health. However, it is now well known as a provider of multiple GLP-1 options.

Reitano said the company began developing a program to offer such medicines in 2021 and shifted a significant portion of its resources to this category at that time. It is currently one of the fastest growing areas of the company's business.

“Health care providers want their patients to take it, and patients are desperate for it. Nothing like this has ever happened in any drug category before, so our perspective Given this, the proliferation and widespread use of GLP-1 is inevitable,” Reitano said.

He said the expansion was natural for the company at the time because conditions such as obesity impact many of the other health categories the company focuses on, such as fertility and sexual health conditions such as erectile dysfunction. he added.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025

Startup Weekly: Wiz bets paid off at M&A Rich Week

March 21, 2025

Wayve CEO shares his key elements for scaling autonomous driving technology

March 21, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

CEO Chris Britt brings chime playbook to disrupt 2025 TechCrunch

September 18, 2025

Thomas Wolf of Hugging Face of the Future of Open AI at atrupt 2025

September 18, 2025

Dawn Capital's Samillah Bankiya breaks down the state of the euroventure market

September 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.