About Roam
Roam is a company based in Brooklyn (United States) founded in 2021 by Tom Dixon, Jon Brod, Sean MacIsaac, Howard Lerman, and Grace Sutherland.. Roam has raised $40.6 million across 2 funding rounds from investors including IVP. Roam operates in a competitive market with competitors including Gather, Multi, Sketch, Tonari and Glue, among others.
- Headquarter Brooklyn, United States
- Founders Tom Dixon, Jon Brod, Sean MacIsaac, Howard Lerman, Grace Sutherland
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.6 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series A
Nov 02, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of Roam
Roam has successfully raised a total of $40.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $30.0M
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Series A - Roam | Valuation | IVP |
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| Jun, 2022 | Amount | Seed - Roam | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Roam
Roam has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IVP. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Roam
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Roam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Roam Comparisons
Competitors of Roam
Roam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gather, Multi, Sketch, Tonari and Glue, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based video conferencing solutions are offered by Gather.
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| domain | founded_year | HQ Location |
Virtual collaboration spaces for enterprises are provided via multi-device applications.
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| domain | founded_year | HQ Location |
Product design & prototyping toolkit
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| domain | founded_year | HQ Location |
Virtual collaboration software and hardware are provided for teams.
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| domain | founded_year | HQ Location |
A cloud-based VR/AR platform for virtual professional collaboration is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Roam
When was Roam founded?
Roam was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Roam located?
Roam is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Roam?
Howard Lerman is the current CEO of Roam. They have also founded this company.
Is Roam a funded company?
Roam is a funded company, having raised a total of $40.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10.6M, raised on Jun 01, 2022.
What does Roam do?
Roam was founded in 2021 in Brooklyn, United States, as a cloud-based platform in the collaboration technology sector. Virtual headquarters are provided for enterprises, featuring a graphical office interface that displays employee presence and locations. Multiple rooms can be created for meetings, collaboration, or events, supporting remote operations across various geographies.
Who are Roam's investors?
Roam has 1 investor. Key investors include IVP.
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