About Rooam
Rooam is a company based in Washington (United States) founded in 2015 was acquired by American Express in June 2024. Rooam has raised $3.3 million across 2 funding rounds from investors including American Express. Rooam has completed 1 acquisition, including Tally Drinks. Rooam operates in a competitive market with competitors including Yoello, MyCheck, OrderPay, CAKE Technologies and Droplet HQ, among others.
- Headquarter Washington, United States
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.3 M (USD)
in 2 rounds
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Latest Funding Round
$2.1 M (USD), Seed
Jul 01, 2017
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
American Express
(Jun 24, 2024)
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People of Rooam
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Funding Insights of Rooam
Rooam has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in July 2017. 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.
Investors in Rooam
Rooam has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include American Express.
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Financial products for individuals and businesses are compared online.
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Investor details for Rooam
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Investments & Acquisitions by Rooam
Rooam has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tally Drinks.
Investment portfolio details for Rooam
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile application for payments at pubs and bars
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Rooam
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Financial Statements - Rooam
Detailed financials for Rooam
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Rooam Comparisons
Peer comparison for Rooam
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Competitors of Rooam
Rooam 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 Yoello, MyCheck, OrderPay, CAKE Technologies and Droplet HQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile ordering and payments platform is operated for hospitality sector.
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Provider of digital solutions for the hospitality industry
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Mobile self-ordering and payment app for restaurants is provided.
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Mobile payment app for restaurants and bars
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Develops mobile money applications for secure financial transactions.
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Detailed competitors of Rooam
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Latest news on Rooam
Complete news archive for Rooam
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Frequently Asked Questions about Rooam
Rooam was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Rooam is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Rooam is a funded company, having raised a total of $3.3M across 2 funding rounds to date.
Rooam was founded in 2015 as a platform in the mobile payments sector focused on dining experiences. Users are enabled to search for options, place orders, and complete payments through the app. Instant checkout features are included to avoid waiting lines for bar tabs. Integration with major POS systems is supported via a PCI-compliant framework. The app is made available on both Android and iOS devices.
Rooam's top competitors include Yoello, MyCheck and CAKE Technologies.
Rooam has made 1 acquisition, including Tally Drinks.
Rooam has 1 investor. Key investors include American Express.