About room.me
room.me is a Real Estate & Construction company based in San Francisco (United States) founded in 2014, and was acquired by Roomi in July 2016. Compatible roommates are matched via personality-based algorithms. room.me has raised $1.13 million across 2 funding rounds from investors including Roomi, Grazia Equity and Axel Springer Plug and Play Accelerator. The company has 4 employees. The company was acqui-hired. Its focus areas include Consumer, Residential Real Estate Tech, CoLiving and Marketplace. Its competitors include Roomi, Roomster and SplitSpot; 2 of its 3 listed competitors have raised funding.
Company details
Room.me was founded in 2014 in San Francisco, United States, operating in the roommate matching sector. Social profiles are created by users through responses to personality questions. An algorithm is employed to analyze these profiles and generate lists of potential roommates and available rooms. The service adapts matching techniques similar to those in dating platforms to facilitate compatible living arrangements.
Funding Insights of room.me
room.me has successfully raised a total of $1.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in July 2015. 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 $1.13M
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round $34,000
(May 2014)
- Investors Count 2
All 2 funding rounds of room.me with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $1.1M | Seed | – | Grazia Equity, Axel Springer Plug and Play Accelerator | – |
| May 2014 | $34,000 | Seed | – | Axel Springer Plug and Play Accelerator | – |
3 investors in total: 3 institutional.
Investors in room.me
room.me has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Roomi, Grazia Equity and Axel Springer Plug and Play Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in innovative startups by Grazia Equity. | 1998 | grazia.com | Germany | |
Startups in fintech and media sectors are accelerated in Berlin. | axelspringerplugandplay.com | Berlin, Germany | ||
Platform to connect with like-minded room mates | 2013 | roomiapp.com | New York, United States |
Investor details for room.me
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Timeline of room.me
4 dated milestones of room.me across 2 years, from founding to its latest funding, stage changes and deals.
- Founded room.me is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Seed, of $1.1M.
- Exit Acquired by Roomi.
Competitors of room.me
room.me has 3 listed competitors in our database, 2 of them funded. They include Roomi, Roomster and SplitSpot.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| roomiapp.com | 2013 | New York, United States | $19.61M | 4 | Platform to connect with like-minded room mates | |
| roomster.com | 2003 | Portland, United States | An online platform connecting users to find roommates efficiently. | |||
| splitspot.com | 2019 | Somerville, United States | $2M | Flexible rental management for individual apartment rooms is provided. |
Detailed competitors of room.me
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as room.me (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Frequently Asked Questions about room.me
room.me was founded in 2014.
room.me is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
room.me is a funded company, having raised a total of $1.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $34K, raised on May 2014.
room.me has 4 employees.
Room.me was founded in 2014 in San Francisco, United States, operating in the roommate matching sector. Social profiles are created by users through responses to personality questions. An algorithm is employed to analyze these profiles and generate lists of potential roommates and available rooms. The service adapts matching techniques similar to those in dating platforms to facilitate compatible living arrangements.
room.me has 3 investors. Key investors include Roomi, Grazia Equity, and Axel Springer Plug and Play Accelerator.
Yes. room.me was acquired by Roomi in July 2016.