Rho has announced that they have completed the transaction to have Capital join its operations. Terms of the deal were not revealed.
Capital’s founders and key team members will “leverage their expertise in startups and founder engagement to reinforce Rho’s support for tech startups.”
With this transaction, Capital’s startup customers will also be offered access to Rho’s finance platform’s capabilities.
Everett Cook, CEO and co-founder of Rho, said they believe the expertise of the Capital team will greatly complement their existing offerings.
Capital, which was founded by Jordi Hays and Sarah Chase in March 2021, has leveraged consumer marketing tactics “to build a viral Fintech brand with a cult-like following of founders.”
Propelled by the platform’s flagship fundraising tool and initiatives like New York Tech Week, Capital “established a loyal following of swiftly-growing startups.”
Jordi Hays, co-founder and CEO of Capital, said as f0unders themselves they know the needs of founders and they look forward to continue building the modern financial solution for other founders.