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Roam - About the company

Roam is a series A company based in New York City (United States), founded in 2023 by Morgan Tepper and Raunaq Singh. It operates as a Lending platform offering residential mortgage financing. Roam has raised $15.8M in funding from Khosla Ventures. The company has 185 active competitors, including 8 funded and 13 that have exited. Its top competitors include companies like loanDepot, Rocket Mortgage and NewRez.

Company Details

Lending platform offering residential mortgage financing. It enables users to buy residential properties by offering low-rate mortgage loans. It makes it easier for buyers to qualify for loans and offers the opportunity to assume a low-rate mortgage. Additionally, it provides options for sellers to reach more buyers and increase proceeds by including their mortgage in the sale.
Social
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Registered Address
Greenwood Village, Colorado
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$15.8M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
18 as on Mar 31, 2026
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Roam's funding and investors

Roam has raised a total funding of $15.8M over 3 rounds. Its first funding round was on Sep 13, 2023. Its latest funding round was a Series A round on Apr 02, 2025 for $*****. 2 investors participated in its latest round. Roam has 2 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Roam:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 02, 2025
6687888
Series A
6277297
4305354
2228222
8954299
May 13, 2024
8450525
Seed
7945931
4868511
5794677
Sep 13, 2023
8302206
Seed
4508605
2978086
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Roam's founders and board of directors

Founder? Claim Profile
The founders of Roam are Morgan Tepper and Raunaq Singh. Raunaq Singh is the CEO of Roam.
Here are the details of Roam's key team members:

Roam's employee count trend

Roam has 18 employees as of Mar 26. Here is Roam's employee count trend over the years:
Employee count trend for Roam
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Roam's Competitors and alternates

Top competitors of Roam include loanDepot, Rocket Mortgage and NewRez. Here is the list of Top 10 competitors of Roam, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
72/100
2nd
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
68/100
3rd
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
60/100
4th
Logo for Mr. Cooper
Mr. Cooper
1994, Dallas (United States), Acquired
Provider of an app-based platform for residential mortgage loans
-
60/100
5th
Logo for Movement Mortgage
Movement Mortgage
2008, Fort Mill (United States), Funding Raised
Online and mobile app based mortgage loans
-
-
56/100
6th
Logo for Roam
Roam
2023, New York City (United States), Series A
Lending platform offering residential mortgage financing
$15.8M
52/100
7th
Logo for Lenda
Lenda
2012, San Francisco (United States), Acquired
An alternate lending platform for refinancing mortgages.
$11.5M
50/100
8th
Logo for A&D Mortgage
A&D Mortgage
2005, Hollywood (United States), Unfunded
Online platform for mortgage loans
-
-
45/100
9th
Logo for Eave
Eave
2015, Walnut Creek (United States), Acquired
Direct lender for mortgage loans
$11.5M
44/100
10th
Logo for Total Mortgage
Total Mortgage
1997, Milford (United States), Unfunded
Nationwide mortgage lender providing financing solutions for home purchase and refinance
-
-
44/100
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Roam's Investments and acquisitions

Roam has made no investments or acquisitions yet.

News related to Roam

Media has covered Roam for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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FAQs about Roam

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