# Rogo revenue, valuation & funding

Markdown copy of https://realalpha.app/companies/rogo/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

Rogo was valued at about $2B in its Series D in April 2026. Sacra estimates it reached $53M in annual recurring revenue in August 2026. It's a private company with no ticker and has stated no plan to go public.

Checked Nov 8, 2026

## At a glance

- Valuation: about $2B after its Series D, led by Kleiner Perkins, in April 2026.
- Revenue: $53M in annual recurring revenue in August 2026, an estimate by Sacra. Rogo publishes no audited results.
- Status: private. No stock ticker and no stated IPO plan.
- Founded: 2021, by Gabriel Stengel, John Willett and Tumas Rackaitis. Based in New York.
- CEO: [Gabe Stengel](https://realalpha.app/builders/gabe-stengel/).
- Investors: Kleiner Perkins, Sequoia, Thrive Capital, Khosla Ventures, AlleyCorp and nine global banks, among others.
- Products: the Rogo platform of AI agents for finance work, and Rogo Deal Room for managing transactions.
- Employees: 200+ in September 2026, as reported by The Information, up from about 100 in April.
- On Real Alpha: 1 moments of its people talking, from 1 interviews

## Is Rogo public? Can you buy its stock?

No. Rogo is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol.

Rogo has not said when or whether it plans to go public. No IPO filing has been reported.

Its shares are held by its founders, staff and investors. Those investors include venture firms and nine global banks, [Rogo said](https://rogo.com/blog/strategic-investors) in September 2026. This page reports facts and gives no investment advice.

## Valuation, round by round

Its valuation went from $350M in April 2025 to about $2B in April 2026, more than five times in a year.

- Sep 2026 · — · about $30M · — · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Apr 2026 · $2B · $160M · Kleiner Perkins · [SuperbCrew](https://superbcrew.com/rogo-raises-160-million-in-series-d-funding-round/)
- Jan 2026 · $750M · $75M · Sequoia Capital · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Apr 2025 · $350M · $50M · Thrive Capital · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Oct 2024 · — · $18M · Khosla Ventures · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Feb 2024 · — · $7M · AlleyCorp · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)

The roughly $30 million strategic round from five banks in September 2026 came with no valuation. The $2B figure comes from press reports, and Rogo has not published it.

## Revenue

Rogo doesn't publish results. Sacra estimates it reached $53M in annual recurring revenue in August 2026, up from $15M at the end of 2025.

- Aug 2026 · $53M · Estimate · [Sacra](https://sacra.com/c/rogo/)

Annual recurring revenue is a month's recurring revenue times twelve. It isn't audited revenue. [Forbes](https://www.revenuememo.com/p/rogo-funding) reported about $2 million of revenue in 2024 and more than $15 million in 2025.

## How Rogo makes money

Rogo sells enterprise subscriptions to investment banks and other financial institutions, [according to Sacra](https://sacra.com/c/rogo/).

- **Per-seat pricing.** Sacra estimates Rogo charges about $3,300 per seat each year. · [Sacra](https://sacra.com/c/rogo/)
- **Multi-year contracts.** Its enterprise deals with banks and other financial institutions run for several years, per Sacra. · [Sacra](https://sacra.com/c/rogo/)
- **Claude Marketplace.** Its platform is also offered through [Anthropic's](https://realalpha.app/companies/anthropic/) Claude Marketplace, which launched in March 2026. · [Sacra](https://sacra.com/c/rogo/)

## Products

Rogo's platform gathers financial and customer data for finance firms and gives them AI agents to automate their work ([FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/rogo-secures-75m-series-c-funding)).

Acquisitions have added tools for spreadsheets, due diligence and meetings.

- **Rogo Deal Room** (August 2026). A product to manage transactions. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- **Subset** (acquired September 2025). It built a spreadsheet agent that can build and update financial models. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- **Offset** (acquired March 2026). An AI agent company founded by Raj Khare and Shiv Shrivastava. · [Rogo's blog](https://rogo.com/blog/rogo-acquires-offset)
- **Rivanna** (acquired August 2026). A due diligence company. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- **Arvo** (acquired September 2026). An AI meeting assistant for financial institutions. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)

## Customers

Rogo sells to investment bankers, private equity firms and other finance firms. The user counts it gives have grown through 2026.

- **March 2026.** Over 25,000 finance professionals used the platform each day, Rogo said. · [Rogo's blog](https://rogo.com/blog/rogo-acquires-offset)
- **April 2026.** More than 35,000 people at over 250 institutions used its software at the time of the Series D. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- **September 2026.** Rogo cited deployments for over 50,000 professionals across 350+ firms. · [Rogo's blog](https://rogo.com/blog/strategic-investors)
- **November 2026.** Its homepage says it is trusted by 450+ of the leading firms in finance. · [Rogo](https://rogo.com)
- **London Stock Exchange Group.** Rogo had a partnership with LSEG in August 2025. · [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/rogo-secures-75m-series-c-funding)
- **Europe.** It opened its first international office, in London, alongside its Series C in January 2026. · [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/rogo-secures-75m-series-c-funding)

From Rogo's interviews

- [Firms should turn their best people's judgment into systems](https://realalpha.app/s/firms-should-turn-their-best-peoples-judgment-into-systems/) · Gabe Stengel · Invest Like the Best · Sep 22, 2026

## Leadership

- **[Gabe Stengel](https://realalpha.app/builders/gabe-stengel/),** co-founder and CEO. He was an investment banker at Lazard before Rogo. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- **John Willett,** co-founder and COO. He came from J.P. Morgan. In January 2026 he was relocating to London to lead Rogo's European business. · [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/rogo-secures-75m-series-c-funding)
- **Tumas Rackaitis,** co-founder. · [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/rogo-raises-160m-series-d)
- **Joe Xavier,** chief technology officer, hired in July 2026. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)

## Who owns Rogo?

Its founders, staff and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed. Venture firms sit next to banks on its cap table, [Revenue Memo](https://www.revenuememo.com/p/rogo-funding) reported.

- **Kleiner Perkins** led the $160M Series D in April 2026. Sequoia, Thrive Capital, Khosla Ventures and J.P. Morgan Growth Equity Partners took part. · [Rogo's blog](https://rogo.com/blog/series-d)
- **Sequoia Capital** led the $75M Series C in January 2026. Henry Kravis and Wells Fargo joined as new investors. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- **Thrive Capital** led the $50M Series B in April 2025, with J.P. Morgan and Tiger Global joining. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- **Khosla Ventures** led the $18M Series A in October 2024. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- **AlleyCorp** led the $7M seed round in February 2024. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- **Banks.** Barclays, BNP Paribas, Citi Ventures, MUFG Innovation Partners and Societe Generale invested in September 2026, as did Sixth Street co-founder Josh Easterly. Rogo said nine global banks are now on its cap table. · [Rogo's blog](https://rogo.com/blog/strategic-investors)

## Competitors

[Sacra](https://sacra.com/c/rogo/) names data providers, a deal modeling startup and the banks themselves among Rogo's competitors.

- **FactSet,** a financial data provider. · [Sacra](https://sacra.com/c/rogo/)
- **S&P Capital IQ Pro** and Bloomberg, with their own finance data platforms. · [Sacra](https://sacra.com/c/rogo/)
- **Mosaic,** which focuses on digital deal modeling and is moving into investment banking through an Evercore partnership. · [Sacra](https://sacra.com/c/rogo/)
- **Banks,** some of which are building their own LLM stacks. · [Sacra](https://sacra.com/c/rogo/)

## Timeline and latest news

- Sep 10, 2026 · Five banks put about $30 million into Rogo in a strategic round, with no valuation disclosed. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Sep 2026 · Rogo acquired Arvo, an AI meeting assistant for financial institutions. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Aug 2026 · Rogo acquired Rivanna, a due diligence company. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Aug 2026 · Launched Rogo Deal Room to manage transactions. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Jul 2026 · Hired Joe Xavier as chief technology officer. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Apr 29, 2026 · Raised $160M in a Series D led by Kleiner Perkins, at about $2B post money. · [SuperbCrew](https://superbcrew.com/rogo-raises-160-million-in-series-d-funding-round/)
- Mar 12, 2026 · Announced its acquisition of Offset, an AI agent company. · [Rogo's blog](https://rogo.com/blog/rogo-acquires-offset)
- Jan 28, 2026 · Raised $75M in a Series C led by Sequoia Capital, at $750M post money. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Sep 2025 · Acquired Subset, which built a spreadsheet agent for financial models. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)
- Apr 2025 · Raised a $50M Series B led by Thrive Capital, at $350M post money. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Oct 2024 · Raised an $18M Series A led by Khosla Ventures. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)
- Feb 2024 · Raised a $7M seed round led by AlleyCorp. · [SuperbCrew](https://superbcrew.com/rogo-raises-75-million-in-series-c-funding-round/)

## In their own words, and what followed

- [Firms should turn their best people's judgment into systems](https://realalpha.app/s/firms-should-turn-their-best-peoples-judgment-into-systems/) · Gabe Stengel · Invest Like the Best · Sep 22, 2026
  > “best banks will have 90% of their enterprise value, not in people, but in software and data”
  Reported after · In October 2026 Revenue Memo reported that J.P. Morgan, Wells Fargo, Barclays and Citi sit on Rogo's cap table next to its venture investors. · [Revenue Memo](https://www.revenuememo.com/p/rogo-funding)

- [Town competes with AI labs through neutral models and portable data](https://realalpha.app/s/town-competes-with-ai-labs-through-neutral-models-and/) · Jean-Denis Greze · a16z Podcast · Oct 19, 2026
  > “look at what's happening to Rogo”
  Reported after · In November 2026 Rogo's homepage said it is trusted by 450+ of the leading firms in finance, up from the 350+ firms it cited in September. · [Rogo](https://rogo.com)

## What others say about Rogo

- [Town competes with AI labs through neutral models and portable data](https://realalpha.app/s/town-competes-with-ai-labs-through-neutral-models-and/) · Jean-Denis Greze · a16z Podcast · Oct 19, 2026
  > “look at what's happening to Rogo”

## Questions people ask

### Is Rogo a public company? Can I buy Rogo stock?

No. Rogo is private and has no ticker, so its shares aren't sold on any exchange.

### When will Rogo IPO?

Rogo hasn't announced a plan to go public, and no IPO filing has been reported.

### Who owns Rogo?

Its founders, staff and investors, including Kleiner Perkins, Sequoia, Thrive Capital, Khosla Ventures and nine global banks. Stakes haven't been disclosed.

### Who is the CEO of Rogo?

[Gabe Stengel](https://realalpha.app/builders/gabe-stengel/), a co-founder and former investment banker at Lazard.

### Who founded Rogo?

Gabriel Stengel, John Willett and Tumas Rackaitis, in 2021. The company is based in New York.

### How much is Rogo worth?

About $2B after its April 2026 Series D, as [SuperbCrew](https://superbcrew.com/rogo-raises-160-million-in-series-d-funding-round/) reported. A September 2026 strategic round of about $30 million gave no valuation.

### How much revenue does Rogo make?

[Sacra](https://sacra.com/c/rogo/) estimates $53M in annual recurring revenue in August 2026, up from $15M at the end of 2025. Rogo publishes no results.

### How does Rogo make money?

It sells enterprise subscriptions to banks and other financial institutions on multi-year contracts. [Sacra](https://sacra.com/c/rogo/) estimates about $3,300 per seat each year.

### How many customers does Rogo have?

Its [homepage](https://rogo.com) says 450+ leading finance firms. In September 2026 it cited over 50,000 professionals across 350+ firms.

### Who are Rogo's competitors?

[Sacra](https://sacra.com/c/rogo/) names FactSet, S&P Capital IQ Pro, Bloomberg and Mosaic, plus banks building their own LLM stacks.

## Every moment from Rogo's people

### Why OpenAI and Anthropic Won't Win Finance
Invest Like the Best · Sep 22, 2026

- [Firms should turn their best people's judgment into systems](https://realalpha.app/s/firms-should-turn-their-best-peoples-judgment-into-systems/) · 5 min

## People on Real Alpha

- [Gabe Stengel](https://realalpha.app/builders/gabe-stengel/), Co-founder & CEO, Rogo

## How this page is sourced

Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it.
