About Room40
Room40 is a venture capital firm founded in 2017. It is primarily based out of New York City, United States. As of Nov 2025, Room40 is an active investor, having invested in 23 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Blockchain Technology. Most recently it participated in the $***** Series B round of Daylight Made with love Overall, Room40 portfolio has seen 4 acquisitions, namely Arbelos Markets, Waybridge and Triangle. A lot of funds co-invest with Room40, with names like Third Prime sharing a substantial percentage of its portfolio. Room40 has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Deals in last 12 months
Room40's List of Top Investments
Room40 has a portfolio of 23 companies. Their most notable investments are in Mealco and MainVest.Their portfolio spans across United States, Australia, Brazil and 4 more locations. They have invested in Enterprise Applications, FinTech, Blockchain Technology and 13 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Room40:Accessible virtual care for women's sexual and reproductive health. They provide convenient and affordable access to essential healthcare services, including birth control, emergency contraception, abortion support, UTI and STI treatments, and more. The platform offers virtual consultations with licensed healthcare providers, prescription delivery, and a range of over-the-counter products. They focus on inclusive care for medically underserved groups, offering no-cost care options for eligible individuals. The company operates on a subscription-based model, providing standard and basic care plans with varying levels of access to products, services, and support. They also partner with various health plans to expand access to their services. They are committed to empowering individuals with trusted information and convenient access to reproductive and sexual health resources. This is a B2C healthcare platform leveraging telehealth to provide accessible and affordable women's health services.
Key facts about Twentyeight Health
- Founded Year: 2018
- Location: Brooklyn (United States)
- Stage: Series A
- Total Funding till date: $41.6M
- Employee Count: 48 as on Aug 31, 2026
- Investors: Kima Ventures, Third Prime and 28 Others
- Latest Funding Round: Series A, Jan 08, 2025, $*****
- Highlight: Editors' Pick
Provider of a SaaS-based collaborative performance management platform. Its features include the reconciliation of data discrepancies, contextualization of service failures, actionable insights, and cost analysis for each order, shipment, and carrier.
Key facts about Isometric Technologies
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $18M
- Employee Count: 1,244 as on May 31, 2026
- Investors: Adit Ventures, Redwood Ventures and 16 Others
- Latest Funding Round: Series A, Sep 13, 2022, $*****
Provider of residential solar power systems and battery backup units. This business facilitates the installation and maintenance of solar panels and energy storage equipment for private residences. The model enables homeowners to generate and store electrical power, functioning as a decentralized energy resource. Installations include design, permitting, and hardware implementation. The service provides ongoing energy management through software applications to monitor power generation, usage, and storage levels. Participation in this program allows for the utilization of renewable energy while maintaining power availability during outages.
Key facts about Daylight Made with love
- Stage: Series B
- Total Funding till date: $24M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Lerer Hippeau, Climate Capital and 6 Others
- Latest Funding Round: Series B, Nov 02, 2025, $*****
- Highlight: Editors' Pick
4. Maple
Online marketplace for crypto loans. It enables institutions to borrow from liquidity pools funded by the DeFi ecosystem. Liquidity providers can earn yield from pools of borrowers managed by pool delegates.
Key facts about Maple
- Founded Year: 2019
- Location: Melbourne (Australia)
- Stage: Series A
- Total Funding till date: $6.4M
- Employee Count: 86 as on Aug 31, 2026
- Investors: GSR Ventures, Framework Ventures and 23 Others
- Latest Funding Round: Series A, Aug 22, 2023, $*****
- Highlight: Editors' Pick
5. Scope3
Developer of a protocol for agent to agent advertising infrastructure. This platform facilitates communication between automated buyer and seller agents to manage advertising campaigns. It enables organizations to coordinate investment across multiple media channels while maintaining brand standards and strategic objectives through an open architectural framework. The system integrates with various large language models and software interfaces to automate media planning, negotiation, and delivery reporting. By providing a unified connection point, the architecture allows for scalable cross-channel campaign execution and data-driven budget allocation without requiring manual intervention for individual ad placements.
Key facts about Scope3
- Founded Year: 2022
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $45M
- Employee Count: 66 as on Aug 31, 2026
- Investors: Craft Ventures, Google Ventures and 5 Others
- Latest Funding Round: Series C, Oct 13, 2024, $*****
Room40's Year-on-Year Investment Trends
Room40 has invested in 23 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Daylight Made with love and most recent follow-on round was in Scope3.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 3 | 2 | 5 |
2023 | 1 | 1 | 2 |
2022 | 1 | 0 | 1 |
2021 | 4 | 0 | 4 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
Room40's Investments by Stage
Room40 has made 6 investments in Seed stage with an average round size of $9.2M, 5 investments in Series A stage with an average round size of $12.4M and 3 investments in Series B stage with an average round size of $21.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 5 |
Series B | 3 |
Note: We have considered here, only first round of investments
Room40's Investments by Sector
Room40 has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Blockchain Technology and HealthTech. Notably, it has invested in 20 Tech companies, 14 Enterprise (B2B) companies, 11 Software companies and at least 7 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
FinTech | 7 |
Vertical SaaS | 3 |
Blockchain Technology | 2 |
HealthTech | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
Room40's Investments by Geography
Room40 has made most investments in United States (11), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 11 |
China | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Room40's recent investments
Room40 has not made any investment in 2026 so far.Here are the most recent investments by Room40:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 02, 2025 | - | Series B | 4010 | [+3] | |
Oct 13, 2024 | United States | Series C | 8044 | [+4] | |
Jul 30, 2024 | Israel | Seed | 4961 | ||
May 08, 2024 | United States | Seed | 9372 | [+10] | |
May 08, 2024 | United States | Conventional Debt | 2329 | [+10] |
Acquired companies in Room40's Portfolio
4 companies from Room40's portfolio have been acquired. The most recent acquisition was Arbelos Markets in Jan 2025 by FalconX for $*****.Here are Room40's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 02, 2025 | May 08, 2024 | Seed | 5093 | |
Nov 01, 2024 | - | - | 6906 | |
May 22, 2023 | Sep 28, 2021 | Series A | 9852 | |
Mar 02, 2023 | May 14, 2021 | Series B | 3006 |
Team profile of Room40
Room40 has a team of 5 members including 2 Partners located in United States. Room40's team does not sit on the board of any company as of now.Co-investors of Room40
Over the past 7 years, 125 investors have co-invested in Room40's portfolio companies. This includes funds and angels.
- Invested before Room40: L37, Kindred Ventures and 23 others have invested in rounds before Room40. There is 1 company where L37 has invested before Room40 and 1 company where Kindred Ventures has invested before Room40.
- Top Co-investors of Room40: 83 investors entered a company along with Room40. These include investors like Third Prime (2 companies).
- Invested after Room40: A total of 17 investors have invested in Room40's portfolio after their investments. Top Investors include Seae Ventures (1 company), Impact America Fund (1 company) and Maycomb Capital (1 company).
Recent News related to Room40
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Daylight Raises $75M, Led by Framework Ventures, to Scale its Decentralized Energy Networkintelligence360•Nov 11, 2025•Cruciblecap, a16zcrypto, Daylight Made with love, Not Boring Capital and 5 others
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US Solar Startup Daylight Energy Secures $75 Million to Expand Decentralized Residential Solar Network Amid Sector SlowdownStartup Story•Nov 02, 2025•a16zcrypto, Daylight Made with love, M13 Company, Room40 and 2 others
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Scope3 Raises $25M in Funding to Expand into Sustainable AIBusiness Wire•Oct 10, 2024•Scope3, Virgo Strategic, AperiamVentures, Craft Ventures and 4 others
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Monto Raises $9M in Seed FundingFinSMEs•Jul 30, 2024•Monto, Scale Venture Partners, Verissimo Ventures, F2 Capital and 3 others
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Crypto trading platform Arbelos completes $28 million in financing, led by DragonflyPANews•May 08, 2024•Arbelos Markets, DRAGONFLY, Room40, Selini Capital and 15 others
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Composable Option Protocol Announces Pre-Seed Round Led by Cumberland and Wintermute VenturesBitcoin Ethereum News•Feb 01, 2024•Wintermute, Room40, Ghaf Capital Partners, Cumberland and 2 others
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Ithaca announces $2.5 million pre-seed round for novel on-chain options protocolBitcoin Ethereum News•Jan 31, 2024•Wintermute, Cumberland VC, Ithaka, Cumberland and 3 others
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Oxygen Announces $20 Million Funding and Appointment of New CEO as Platform Doubles Down on GrowthFintech Finance•Feb 03, 2023•Oxygen, Y Combinator, 1984 Ventures, Possible Ventures and 5 others
