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Ro CEO Zachariah Reitano says the benefits of being a private company are growing
Reitano said he'd "never say never" about taking the telehealth company public but also won't talk about an IPO.
Reitano’s sentiment is likely one shared by other late-stage startup founders as venture-backed companies continue to stay private longer, according to PitchBook data. Ro was founded in 2017 by Rob Schutz, Saman Rahmanian and Reitano as a telehealth company focused on erectile disfunction. Reitano said the company began developing the program to offer such drugs in 2021 and moved a significant percentage of its resources into the category at the time.
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