Rooam
About Rooam
Rooam is a company 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.
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.3 M (USD)
in 2 rounds
-
Latest Funding Round
$2.1 M (USD), Seed
Jul 01, 2017
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
American Express
(Jun 24, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.1M
-
First Round
First Round
(26 Apr 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Seed - Rooam | Valuation |
investors |
|
| Apr, 2016 | Amount | Seed - Rooam | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rooam
Rooam has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include American Express. 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 |
|---|---|---|---|---|
|
Financial products for individuals and businesses are compared online.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rooam
Rooam has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tally Drinks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Mobile application for payments at pubs and bars
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rooam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rooam Comparisons
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. 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 |
Mobile ordering and payments platform is operated for hospitality sector.
|
|
| domain | founded_year | HQ Location |
Provider of digital solutions for the hospitality industry
|
|
| domain | founded_year | HQ Location |
Mobile self-ordering and payment app for restaurants is provided.
|
|
| domain | founded_year | HQ Location |
Mobile payment app for restaurants and bars
|
|
| domain | founded_year | HQ Location |
Develops mobile money applications for secure financial transactions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rooam
Frequently Asked Questions about Rooam
When was Rooam founded?
Rooam was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Is Rooam a funded company?
Rooam is a funded company, having raised a total of $3.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Apr 26, 2016.
What does Rooam do?
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.
Who are the top competitors of Rooam?
Rooam's top competitors include Yoello, MyCheck and CAKE Technologies.
How many acquisitions has Rooam made?
Rooam has made 1 acquisition, including Tally Drinks.
Who are Rooam's investors?
Rooam has 1 investor. Key investors include American Express.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.