About Roomi
Roomi is a company based in New York (United States) founded in 2013.. Roomi has raised $19.61 million across 6 funding rounds from investors including Townsquare Media, Wellfound and Atami Capital. Roomi has completed 4 acquisitions, including Symbi, The Room Ring and We Dada. Roomi operates in a competitive market with competitors including Roomster, SplitSpot, Alcove, Kopa and RoomSync, among others.
- Headquarter New York, United States
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Roomi Labs India Private Limited
- Date of Incorporation 03 Oct, 2016
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$0 (USD)0as on Mar 31, 2017
-
Net Profit
$0 (USD)0as on Mar 31, 2017
-
EBITDA
$0 (USD)0as on Mar 31, 2017
-
Total Equity Funding
$19.61 M (USD)
in 6 rounds
-
Latest Funding Round
$11 M (USD), Series A
Nov 13, 2017
-
Investors
Townsquare Media
& 12 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Symbi
& 3 more
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
Unlock access to complete
Funding Insights of Roomi
Roomi has successfully raised a total of $19.61M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in November 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 6
- Last Round Series A — $11.0M
-
First Round
First Round
(31 Dec 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series A - Roomi | Valuation | Atami Capital | |
| Mar, 2016 | Amount | Seed - Roomi | Valuation | DCM Ventures |
|
| Dec, 2015 | Amount | Seed - Roomi | 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 Roomi
Roomi has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Townsquare Media, Wellfound and Atami Capital. 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 |
|---|---|---|---|---|
|
PE firm investing in the UK, Germany, and the US
|
Founded Year | Domain | Location | |
|
Tech-focused seed, early, and mid-stage VC investments are made globally.
|
Founded Year | Domain | Location | |
|
Tech focused early-stage micro VC firm investing in the US
|
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 Roomi
Roomi has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Symbi, The Room Ring and We Dada. 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 |
|---|---|---|---|---|---|
|
Social platform to match with room mates.
|
2014 | ||||
|
Roommates are matched via Facebook connections and lifestyle filters.
|
2014 | ||||
|
Compatible roommates are matched via personality-based algorithms.
|
2014 |
| 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 - Roomi
| 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 |
Roomi Comparisons
Competitors of Roomi
Roomi 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 Roomster, SplitSpot, Alcove, Kopa and RoomSync, 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 |
An online platform connecting users to find roommates efficiently.
|
|
| domain | founded_year | HQ Location |
Flexible rental management for individual apartment rooms is provided.
|
|
| domain | founded_year | HQ Location |
Virtual reality platform connects family members across global locations.
|
|
| domain | founded_year | HQ Location |
Online marketplace to find furnished apartments and housemates
|
|
| domain | founded_year | HQ Location |
Platform for self-selecting roommates in student housing communities.
|
| 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 Roomi
Frequently Asked Questions about Roomi
When was Roomi founded?
Roomi was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Roomi located?
Roomi is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Roomi a funded company?
Roomi is a funded company, having raised a total of $19.61M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Dec 31, 2014.
What does Roomi do?
Roomi offers a mobile based platform to find and connect with compatible roommates. Roomi curate the rooms from people who want to rent out their shared space. They allow users to search for the right room and roommate based on lifestyle preferences. Users can apply for the rooms, connect with potential roommates via in-app messaging, and pay rent all within one app.
How many acquisitions has Roomi made?
Roomi has made 4 acquisitions, including Symbi, The Room Ring, and We Dada.
Who are Roomi's investors?
Roomi has 13 investors. Key investors include Townsquare Media, Wellfound, Atami Capital, DCM, and Great Oaks Venture Capital.