About SpareRoom
SpareRoom is a company based in Manchester (United Kingdom) founded in 2004. It operates as a Marketplace, and B2C. SpareRoom has completed 1 acquisition, including Appartager. SpareRoom offers products and services including Room Rental Platform and Roommate Search Service. SpareRoom operates in a competitive market with competitors including Ideal flatmate, Roompik, Roomflick, Fruumi and Appartager, among others.
- Headquarter Manchester, United Kingdom
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Flatshare Limited
- Date of Incorporation 02 Apr, 2002
- Jurisdiction MANCHESTER, UNITED KINGDOM
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of SpareRoom
SpareRoom offers a comprehensive portfolio of products and services, including Room Rental Platform and Roommate Search Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for searching and connecting rooms for rent and roommates.
Service to find and match users for shared housing arrangements.
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Funding Insights of SpareRoom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SpareRoom
SpareRoom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Appartager. 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 |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online listing platform to search for rooms and roommates
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SpareRoom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spareroom Comparisons
Competitors of SpareRoom
SpareRoom 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 Ideal flatmate, Roompik, Roomflick, Fruumi and Appartager, 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 |
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| domain | founded_year | HQ Location |
Online platform to match with potential roommates and empty rooms in a sublease
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| domain | founded_year | HQ Location |
Connects users through an online platform to find reliable flatmates and roommates.
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| domain | founded_year | HQ Location |
A social platform for matching users with compatible roommates.
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| domain | founded_year | HQ Location |
Flats and flatmates are matched via an online platform.
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| domain | founded_year | HQ Location |
Online listing platform to search for rooms and roommates
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SpareRoom
When was SpareRoom founded?
SpareRoom was founded in 2004.
Where is SpareRoom located?
SpareRoom is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
What does SpareRoom do?
SpareRoom operates as an online marketplace that helps users find rooms for rent and connect with roommates in the United States and United Kingdom. With over 17 million registered users and 2.5 million monthly visitors, it facilitates quick inquiries and efficient matching for housing needs. The service focuses on real estate rentals, emphasizing user-friendly features for sublets and shared living arrangements.
Who are the top competitors of SpareRoom?
SpareRoom's top competitors include Ideal flatmate, Appartager and Fruumi.
What products or services does SpareRoom offer?
SpareRoom offers Room Rental Platform and Roommate Search Service.
How many acquisitions has SpareRoom made?
SpareRoom has made 1 acquisition, including Appartager.