About Romio
Romio is a company based in New York (United States) founded in 2011 by Mohit Sharma.. Romio has raised $721.74 thousand across 1 funding round. Romio operates in a competitive market with competitors including Airtasker, eLocal, Imandi, TalkLocal and Sydetasker, among others.
- Headquarter New York, United States
- Founders Mohit Sharma
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Romio Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$721.74 K (USD)
in 1 rounds
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Latest Funding Round
$721.74 K (USD), Seed
Apr 22, 2011
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Investors
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Employee Count
Employee Count
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Funding Insights of Romio
Romio has successfully raised a total of $721.74K through 1 strategic funding round. The most recent funding activity was a Seed round of $721.74 thousand completed in April 2011. 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 1
- Last Round Seed — $721,739
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First Round
First Round
(22 Apr 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2011 | Amount | Seed - Romio | 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 |
Investments & Acquisitions by Romio
| 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 - Romio
| 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 |
Romio Comparisons
Competitors of Romio
Romio 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 Airtasker, eLocal, Imandi, TalkLocal and Sydetasker, 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 |
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| domain | founded_year | HQ Location |
Local service professionals are hired via an online task platform.
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| domain | founded_year | HQ Location |
Online lead generation platform for local businesses
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| domain | founded_year | HQ Location |
Operates as a marketplace connecting users with local service providers.
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| domain | founded_year | HQ Location |
Online lead generation platform for multi-local services is provided.
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| domain | founded_year | HQ Location |
Platform for hiring taskers for home services, repairs, and odd jobs quickly.
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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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Latest news on Romio
Frequently Asked Questions about Romio
When was Romio founded?
Romio was founded in 2011.
Where is Romio located?
Romio is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Romio?
Mohit Sharma is the current CEO of Romio. They have also founded this company.
Is Romio a funded company?
Romio is a funded company, having raised a total of $721.74K across 1 funding round to date. The company's 1st funding round was a Seed of $721.74K, raised on Apr 22, 2011.
What does Romio do?
Romio was founded in 2011 in New York, United States, by Mohit Sharma as founder and CEO. An online platform focused on referral-based lead generation for multi-local services is operated, connecting users with nearby providers through reviews and recommendations from social networks. Service requests can be posted or services and deals browsed via the platform. A mobile application is available for Android and iOS devices.
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