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.
- Website
- roomiapp.com/rooms
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series A
Total Funding
$19.6M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 134 active competitors
Annual Revenue
$224K as on Apr 30, 2018
Employee Count
34 as on May 31, 2026
Legal entities associated with Roomi
Roomi is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROOMI INC. CIN: 462655998 , United States, Active | Apr 16, 2013 | - | 4 (As on Dec 31, 2018) | - |
Roomi Inc. CIN: 0001639718 , United States, Active | Apr 17, 2013 | $224K (As on Apr 30, 2018) | 30 (As on Oct 26, 2017) | - |
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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:
Filter 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 |
View details of Roomi's funding rounds and investors
Roomi's founders and board of directors
Founder? Claim ProfileThe founders of Roomi is Ajay Yadav. Alex Larsen is the CEO of Roomi.
Here are the details of Roomi's key team members:
- Ajay Yadav: Founder & Executive Chairman of Roomi. They are also an angel investor in 4 startups and serve on the board of 1 company.
- Alex Larsen: CEO of Roomi.
View details of Roomi's Founder profiles and Board Members
Roomi's employee count trend
Roomi has 34 employees as of May 26. Here is Roomi's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpareRoom 2004, Manchester (United Kingdom), Unfunded | Online platform to find roommates and rooms | - | - | 55/100 |
2nd | Roomi 2013, New York City (United States), Series A | Platform to connect with like-minded room mates | $19.6M | 57/100 | |
3rd | Online platform that provides managed accommodations | $13.1M | 46/100 | ||
4th | Roomster 2003, Portland (United States), Unfunded | Online platform to find roommates | - | - | 45/100 |
5th | Offers an app-based platform to search flatmates for shared rooms and accomodations | - | - | 43/100 | |
6th | SplitSpot 2019, Somerville (United States), Seed | Provides property rental services | $2M | 42/100 | |
7th | Flatmates.com.au 1990, Sydney (Australia), Acquired | Online social platform for subletting and compatible room mates. | - | - | 41/100 |
8th | Online platform to search community based flat mate and flat sharing | - | - | 41/100 | |
9th | Flatmate Finders 1996, Sydney (Australia), Unfunded | Online platform to find flatmates in Australia | - | - | 41/100 |
10th | Alcove 2018, Durham (United States), Series A | Online marketplace to discover and book co-living spaces | $2.74M | 40/100 |
Looking for more details on Roomi's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by Roomi
Reports related to Roomi
Here is the latest report on Roomi's sector:
News related to Roomi
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Roomi To Launch In-App Loyalty Program Backed By Props TokensBlock Tribune•Feb 26, 2021•Roomi, Props
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Roomi lays off more than half of its workforce after funding falls through: reportThe Real Deal•Nov 04, 2018•Roomi
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Roomi Announces Partnership With Lemonade So Users Can Easily Buy Renter InsurancePR Newswire•Apr 20, 2018•Roomi, Lemonade
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Roomi raises $11 million to find you a roommatemmotimes.com•Nov 12, 2017•Roomi, Atami Capital, DCM Ventures, Great Oaks Venture Capital and 4 others
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Roomi raises $4 million to help you find a roommateTechCrunch+•Jul 29, 2016•Roomi, Facebook, DCM Ventures, TechCrunch+ and 1 other
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