About Room Soom
Room Soom is a company based in Noida (India) founded in 2016 by Nitin Agrawal. Room Soom has raised $239.82 thousand across 2 funding rounds from investors including Mumbai Angels, Ramesh Gulathi and Nitin Khanna. The company has 3 employees as of April 06, 2024. Room Soom offers products and services including PG Rooms, Shared Spaces, and Private Rooms. Room Soom operates in a competitive market with competitors including Spotahome, HousingAnywhere, Wunderflats, Rize and June Homes, among others.
- Headquarter Noida, India
- Employees 3 as on 06 Apr, 2024
- Founders Nitin Agrawal
- Stage Minicorn
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Sectors
Real Estate & Construction
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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 Room Soom Technologies Private Limited
- Date of Incorporation 01 Aug, 2016
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$603.36 K (USD)49.45as on Mar 31, 2023
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Net Profit
$3.25 K (USD)110.66as on Mar 31, 2023
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EBITDA
$17.2 K (USD)123.74as on Mar 31, 2023
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Total Equity Funding
$239.82 K (USD)
in 2 rounds
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Latest Funding Round
$239.82 K (USD), Angel Round
Sep 04, 2020
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Investors
Mumbai Angels
& 8 more
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Employee Count
3
as on Apr 06, 2024
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Products & Services of Room Soom
Room Soom offers a comprehensive portfolio of products and services, including PG Rooms, Shared Spaces, and Private Rooms.
Offers shared living spaces for affordable urban stays.
Provides communal rooms with modern amenities for groups.
Delivers individual rooms with privacy and comfort options.
People of Room Soom
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Funding Insights of Room Soom
Room Soom has successfully raised a total of $239.82K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $239.82 thousand completed in September 2020. 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 Room Soom
Room Soom has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include Mumbai Angels, Ramesh Gulathi and Nitin Khanna.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Ramesh Gulathi |
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Nitin Khanna |
Indian angel investor, tech entrepreneur, and advisor in SaaS and AI sectors
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Investor details for Room Soom
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Investments & Acquisitions by Room Soom
Investment portfolio details for Room Soom
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Financial Statements - Room Soom
Detailed financials for Room Soom
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Room Soom Comparisons
Peer comparison for Room Soom
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Competitors of Room Soom
Room Soom 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 Spotahome, HousingAnywhere, Wunderflats, Rize and June Homes, among others.
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An online marketplace for booking rental residential properties is operated.
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Online marketplace for booking accommodations
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Residential accommodations are booked via an online marketplace platform.
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Rize is recognized as a platform facilitating rental processes in Saudi Arabia.
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Managed rental solutions for furnished residential rooms are provided.
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Rental marketing tools are offered to real estate professionals.
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Detailed competitors of Room Soom
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Latest news on Room Soom
Complete news archive for Room Soom
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Frequently Asked Questions about Room Soom
Room Soom was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Room Soom is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Room Soom is a funded company, having raised a total of $239.82K across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Room Soom is 3.
Annual revenue of Room Soom is $603.36K as on Mar 31, 2023.
Room Soom was established in 2016 in Noida, India, as an online platform in the property rental sector. Properties are listed by owners using location filters, while users search for available spaces through similar filters and complete bookings. Operations focus on facilitating seamless rentals. A mobile application is supported on both Android and iOS devices for user access.
Room Soom's top competitors include Spotahome, HousingAnywhere and Rize.
Room Soom offers PG Rooms, Shared Spaces, and Private Rooms.
Room Soom has 9 investors. Key investors include Mumbai Angels, Ramesh Gulathi, Nitin Khanna, Arin Banerjee, and Abhishek Kumar.
The valuation of Room Soom is $4.14M as of Sep 2020.