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.
- Website
- www.withroam.com/
- 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
6th among 185 active competitors
Employee Count
18 as on Mar 31, 2026
Legal entities associated with Roam
Roam is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
METROLIST, INC. CIN: 840943682 , United States, Active | Dec 26, 999 | - | 44 (As on Dec 31, 2024) | - |
METROLIST, INC. CIN: 19871560140 , United States, Active | Mar 02, 1984 | - | - | - |
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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 |
View details of Roam's funding rounds and investors
Roam's founders and board of directors
Founder? Claim ProfileHere are the details of Roam's key team members:
- Morgan Tepper: Co-Founder & President of Roam.
- Raunaq Singh: Co-Founder & CEO of Roam. Contact Info: 1 email address
View details of Roam's Founder profiles and Board Members
Roam's employee count trend
Roam has 18 employees as of Mar 26. Here is Roam's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | loanDepot 2010, Lake Forest (United States), Public | Mortgage lender providing home loans, refinancing, and home equity solutions | $71.9M | 72/100 | |
2nd | Rocket Mortgage 1999, Detroit (United States), Public | Online platform for mortgage loans | - | - | 68/100 |
3rd | NewRez 2008, Washington (United States), Funding Raised | Provider of an online lending platform for mortgage loans | - | 60/100 | |
4th | Mr. Cooper 1994, Dallas (United States), Acquired | Provider of an app-based platform for residential mortgage loans | - | 60/100 | |
5th | Movement Mortgage 2008, Fort Mill (United States), Funding Raised | Online and mobile app based mortgage loans | - | - | 56/100 |
6th | Roam 2023, New York City (United States), Series A | Lending platform offering residential mortgage financing | $15.8M | 52/100 | |
7th | Lenda 2012, San Francisco (United States), Acquired | An alternate lending platform for refinancing mortgages. | $11.5M | 50/100 | |
8th | A&D Mortgage 2005, Hollywood (United States), Unfunded | Online platform for mortgage loans | - | - | 45/100 |
9th | Eave 2015, Walnut Creek (United States), Acquired | Direct lender for mortgage loans | $11.5M | 44/100 | |
10th | Total Mortgage 1997, Milford (United States), Unfunded | Nationwide mortgage lender providing financing solutions for home purchase and refinance | - | - | 44/100 |
Looking for more details on Roam's competitors? Click here to see the top ones
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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Roam, Opendoor Partner to Offer Assumable MortgagesCrowdfund Insider•Nov 10, 2025•Roam Research, Opendoor, Roam
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Spiro, electric motorcycle company in Africa, raises $100 millionStartup Log•Oct 22, 2025•Spiro, Roam, Ampersand, Gogoro and 2 others
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Roam Sponsors KBW2025 IMPACT, Showcases Global Open Wireless Network VisionPR Newswire•Sep 25, 2025•Roam
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Roam Introduces Super Staking Pool, Enhanced Points, and Accessibility with App 2.0GlobeNewswire•Sep 09, 2025•Roam
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Roam Secures $11.5 Million in Series A Funding to Expand Assumable Mortgage PlatformHousingWire•Apr 03, 2025•Roam, Khosla Ventures
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