Eric Woersching has joined the company’s Board of Directors as an independent director. A respected advisor to startups and public companies, Woersching will support Rho as the company transitions into its next stage of growth.
NEW YORK, June 4, 2024 — Rho, the award-winning business banking platform, today announced that Eric Woersching has joined the company’s Board of Directors as an independent director. A respected advisor to startups and public companies, Woersching will support Rho as the company transitions into its next stage of growth.
Automate your treasury strategy and put your corporate cash to work in U.S. Treasury Bills today.
Woershing has been a board member and chair of the audit committee at Palantir Technologies since 2022. Prior to that, he led corporate development at EasyPost, was a General Partner at Initialized Capital, and was a portfolio manager and head trader at Peter Thiel’s macro funds, Thiel Macro and Clarium Capital, from 2008 to 2016.
“Eric has been a thoughtful and invaluable advisor to the company since its inception,” said Rho CEO and Co-Founder Everett Cook. “He has a diverse blend of macroeconomic, operating, and investing expertise that gives him a uniquely nuanced point of view for a business like Rho. We’re excited to bring him onto the board.”
Woersching believes Rho’s unique vision of building high-quality financial software on top of a world-class business banking platform, backed by premium customer service, positions the company to unlock a massive market opportunity.
“The atomic unit for every corporate finance workflow is a transaction that lands in a bank ledger,” said Woersching. “Very few businesses operate without using a corporate card, paying invoices, or managing employee expenses. Rho is tackling the difficult part of the equation head-on – the business banking platform infrastructure that truly integrates these connected processes – setting the company up to deliver unparalleled customer experiences.”
Woersching’s appointment follows several recent Rho announcements, including:
.webp)
Eric Woersching has been a member of Palantir Technologies' Board of Directors since June 2022. He currently works as a private consultant for early-stage software companies and venture capital firms, focusing on corporate strategy, FP&A, analytics, operations, and executive recruiting.
From 2020 to 2022, Eric served as the Vice President of Revenue Operations at EasyPost, responsible for analytics, operations, and corporate strategy. As Senior Advisor to the CEO, he focused on corporate development, M&A, and fundraising. From 2017 to 2019, Eric was a General Partner at Initialized Capital, a venture capital firm founded by Garry Tan, where he served on the board of directors of two private technology companies and served as a board observer at nine others. Finally, from 2008 to 2016, Eric worked as Head Trader and as a Portfolio Manager at Peter Thiel's Clarium Capital Management and Thiel Macro funds. He holds a B.S. and an M.S. in Electrical Engineering from Stanford University and is a Chartered Financial Analyst.
About Rho
Rho is the business banking platform with everything you need to manage and scale your company, from idea to IPO. Learn more at rho.co
Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management, LLC and its partner banks. All rights reserved. © 2019-2024 Under Technologies, Inc. DBA Rho Technologies. Rho is a trademark of Under Technologies, Inc.
.png)
