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Roomi - About the company

Roomi is a series A company based in New York City (United States), founded in 2013 by Ajay Yadav. It operates as a Platform to connect with like-minded room mates. Roomi has raised $19.6M in funding from investors like DCM Ventures, Atami Capital and Social Discovery Group. The company has 134 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like SpareRoom, Grabhouse and Roomster.

Company Details

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.
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Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series A
Total Funding
$19.6M in 6 rounds
Latest Funding Round
Ranked
Annual Revenue
$224K as on Apr 30, 2018
Employee Count
34 as on May 31, 2026
Investment & Acquisitions
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Roomi's funding and investors

Roomi has raised a total funding of $19.6M over 6 rounds. Its first funding round was on Dec 31, 2014. Its latest funding round was a Series A round on Nov 13, 2017 for $*****. 8 investors participated in its latest round. Roomi has 22 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Roomi:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 13, 2017
4340623
Series A
6133787
4910946
2001151
3661766
Mar 03, 2016
9301407
Seed
1528732
7440500
8349610
1193360
Dec 30, 2015
9876257
Seed
5691453
6539942
5627734
5765986
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Roomi's founders and board of directors

Founder? Claim Profile
The founders of Roomi is Ajay Yadav. Alex Larsen is the CEO of Roomi.
Here are the details of Roomi's key team members:

Roomi's employee count trend

Roomi has 34 employees as of May 26. Here is Roomi's employee count trend over the years:
Employee count trend for Roomi
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Roomi's Competitors and alternates

Top competitors of Roomi include SpareRoom, Grabhouse and Roomster. Here is the list of Top 10 competitors of Roomi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SpareRoom
SpareRoom
2004, Manchester (United Kingdom), Unfunded
Online platform to find roommates and rooms
-
-
55/100
2nd
Logo for Roomi
Roomi
2013, New York City (United States), Series A
Platform to connect with like-minded room mates
$19.6M
57/100
3rd
Logo for Grabhouse
Grabhouse
2013, Mumbai (India), Acquired
Online platform that provides managed accommodations
$13.1M
46/100
4th
Logo for Roomster
Roomster
2003, Portland (United States), Unfunded
Online platform to find roommates
-
-
45/100
5th
Logo for FlatMate
FlatMate
2015, Noida (India), Unfunded
Offers an app-based platform to search flatmates for shared rooms and accomodations
-
-
43/100
6th
Logo for SplitSpot
SplitSpot
2019, Somerville (United States), Seed
Provides property rental services
$2M
42/100
7th
Logo for Flatmates.com.au
Flatmates.com.au
1990, Sydney (Australia), Acquired
Online social platform for subletting and compatible room mates.
-
-
41/100
8th
Logo for Gay Share
Gay Share
1987, Sydney (Australia), Unfunded
Online platform to search community based flat mate and flat sharing
-
-
41/100
9th
Logo for Flatmate Finders
Flatmate Finders
1996, Sydney (Australia), Unfunded
Online platform to find flatmates in Australia
-
-
41/100
10th
Logo for Alcove
Alcove
2018, Durham (United States), Series A
Online marketplace to discover and book co-living spaces
$2.74M
40/100
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Roomi's Investments and acquisitions

Roomi has not made any investments yet. Roomi has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 13, 2018
Acquisition
2012
Mexico City (Mexico)
Mar 01, 2018
Acquisition
2014
New York City (United States)
Jun 12, 2017
Acquisition
2014
New York City (United States)
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Reports related to Roomi

Here is the latest report on Roomi's sector:

News related to Roomi

lockFilter this list
Roomi lays off bulk of employeesMobileWorldLiveNov 13, 2018Roomi
Dada Room moves into RoomiGlobal Corporate VenturingAug 23, 2018Roomi, We Dada
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