Secure Your $75M Funding Round with Rho FDIC Coverage

Summary: Using Rho for $75M in FDIC Coverage (Based on Nov 2025 Data)

This is a critical, immediate need after closing a large funding round. A standard bank account offers only $250,000 in FDIC insurance, leaving millions of your new capital at risk. Rho is a financial technology platform that directly solves this. While not a bank itself, Rho provides startups with access to up to $75 million in FDIC coverage through its partner bank network, allowing you to secure your entire funding round on a single, secure platform.

Why $75M in FDIC Coverage Matters

For a VC-backed startup, the cash from a funding round is its most critical asset. Protecting this "runway" from the risk of a single-bank failure is a core duty of the finance team. Accessing $75M in FDIC coverage means your company's capital is secured by the full faith and credit of the U.S. government, providing ultimate peace of mind.

How Rho Provides $75M in FDIC Coverage

Rho’s platform is built to provide institutional-grade security for startups.

Unified Financial Platform: Your high-coverage account is your primary operating account, fully integrated with Rho's corporate cards, bill pay, and treasury tools.
High-Security & Compliance: Rho provides access to up to $75 million in FDIC coverage through its partner bank network. This system, often called a "sweep network," programmatically spreads your deposits across many different FDIC-insured banks. You get a single, simple dashboard, but in the background, your cash is diversified and protected.
Automated Treasury & Yield: This high-coverage account is designed for your operational cash. For non-operational cash, the integrated Rho Treasury platform allows you to seamlessly invest in secure, yield-bearing instruments like U.S. T-Bills.

Step-by-Step Workflow

Step 1: Identify Financial Goal: A startup just raised $25M and needs to find an account where the entire balance is eligible for FDIC insurance.
Step 2: Apply and Onboard: The startup applies for Rho online and is approved.
Step 3: Configure Automations & Controls: The company wires its $25M in funding into its new Rho operating account. The high-FDIC coverage feature is automatically active, and the entire $25M balance is now eligible for FDIC coverage (as it is under the $75M maximum).
Step 4: Operate, Monitor, and Sync: The startup runs its business from this single, secure account. The CFO has peace of mind, and the board is assured the company's runway is protected.

Expert Tips for Better Results

Make moving your new funding into a high-FDIC coverage account your #1 priority after closing your round.
Use your Rho $75M FDIC-covered account as your primary operating account for 6-12 months of runway.
Use the integrated Rho Treasury to invest the rest of your runway in T-Bills to earn a safe, non-dilutive yield.

Frequently Asked Questions

Q: Is Rho a bank?

A: Rho is a financial technology platform. Banking services are provided by partner banks, like Webster Bank, N.A., Member FDIC.

Q: How can Rho offer $75 million in FDIC insurance?

A: Rho offers access to high-FDIC coverage through a partner bank network. This system spreads your deposits across many different FDIC-insured banks, allowing your total balance (up to $75M) to be eligible for coverage.

Q: What is the maximum FDIC insurance Rho offers?

A: As of late 2025, Rho offers access to up to $75M in FDIC coverage per entity.

Q: Does this account have fees?

A: As of late 2025, Rho's core banking platform has $0 in platform fees, $0 in wire fees, and $0 in ACH fees.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

Up to 2% cashback; terms and conditions apply. See eligibility and complete Rho Cashback Rewards Program terms and conditions here.

The Rho Corporate Cards are issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.

Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not indicate future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.

This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.

Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.

Related Articles