SF-Based Airbnb Lawyer Jumps to NYC-Based Fintech as Legal Chief
Alexa Summer is taking the legal reins at financial software maker Rho, which has raised $205 million in funding since launching in 2018.
June 02, 2022 at 02:56 PM
2 minute read
General Counsel and In House CounselThe original version of this story was published on Corporate Counsel
A senior attorney at Airbnb has resigned to become the chief legal officer of the New York City-based fintech startup Rho.
Alexa Summer announced the move on LinkedIn. She had been San Francisco-based Airbnb's lead counsel for risk and regulatory for four years. Before that, she worked for the Justice Department and in private practice at Cotchett, Pitre & McCarthy, K&L Gates, and Morrison & Foerster.
Rho operates a spending and cash management platform for smaller businesses that boasts frictionless workflows across banking, cards and accounts payable. The company, which launched in 2018. raised $75 million in funding in December, bringing its funding to $205 million.
In her LinkedIn post, Summer thanked mentors and supporters who helped to bring her to this point in her career.
"I can't tell you how grateful I am for your thoughtful advice, and for the knowledge that you're always there for me as a resource. This includes my family: I am so lucky to have you, supporting me and letting me support you in return," she said.
"Now, on to great work!" she added. "I'm proud to be a female executive and will continue to champion inclusion and diversity efforts."
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllInside Track: How 2 Big Financial Stories—an Antitrust Case and a Megamerger—Became Intertwined
How Dana Rao Built a 'Yes' Culture at Adobe and Why He Walked Away
FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'
Law Firms Mentioned
Trending Stories
- 1Drugmaker Wins $70.5M After Fed Judge Says Generic Sales Were Blocked
- 2Out of Thin Scienter: Protecting Confidential Information in Light of ‘NVIDIA v. Ohman’
- 3Federal Prosecutor in Tom Girardi Trial Joins Edelson
- 4Legal Departments’ Lack of Third Party Oversight Leaving Small, Midsize Banks Exposed
- 5Walmart Accused of Misrepresenting 'Cheese' Ingredients in Great Value's Macaroni & Cheese
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250