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 3 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 MainVest and Mealco.Their portfolio spans across United States, Australia, Brazil and 5 more locations. They have invested in Enterprise Applications, FinTech, Blockchain Technology and 11 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: 49 as on May 31, 2026
- Investors: Aglae Ventures, Third Prime and 28 Others
- Latest Funding Round: Series A, Jan 08, 2025, $*****
- Highlight: Editors' Pick
Provider of energy monitoring and energy efficient products. It provides an end to end ecosystem that enables to access the full amount of savings from energy resources and monitor energy consumption. It also provides products such as HVAC systems, heat pump water heater, solar and storage, and more. Its mobile app is available for both the iOS and Android platform.
Key facts about Daylight Made with love
- Founded Year: 2020
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $24M
- Employee Count: 32 as on May 31, 2026
- Investors: M13 Company, Lerer Hippeau and 6 Others
- Latest Funding Round: Series B, Nov 02, 2025, $*****
- Highlight: Editors' Pick

3. 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: 84 as on May 31, 2026
- Investors: GSR Ventures, Cherry Ventures and 22 Others
- Latest Funding Round: Series A, Aug 22, 2023, $*****
- Highlight: Editors' Pick
4. Scope3
Provider of supply chain media sourcing solutions for advertising effectiveness and sustainable growth. It offers tools for brand management across media channels. The company provides content suitability and media quality criteria. It also offers media reporting with transparent measurement and actionable insights. The platform helps create and manage media products.
Key facts about Scope3
- Founded Year: 2022
- Location: New York City (United States)
- Stage: Series C
- Total Funding till date: $45M
- Employee Count: 71 as on May 31, 2026
- Investors: Venrock, Craft Ventures and 5 Others
- Latest Funding Round: Series C, Oct 13, 2024, $*****

5. Orca
Online exchange platform for cryptocurrencies. It features stable swaps, pools for providing liquidity, and more. It supports currencies such as USDC, SOL, COPE, ETH, and more.
Key facts about Orca
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 | 4 |
Blockchain Technology | 2 |
HealthTech | 2 |
Others | 11 |
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 |
United Kingdom | 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:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 02, 2025 | United States | Series B | 1110 | [+3] | |
Oct 13, 2024 | United States | Series C | 8670 | [+4] | |
Jul 30, 2024 | Israel | Seed | 6425 | ||
May 08, 2024 | United Kingdom | Seed | 4141 | [+10] | |
May 08, 2024 | United Kingdom | Conventional Debt | 6948 | [+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 | 7340 | |
Nov 01, 2024 | - | - | 6951 | |
May 22, 2023 | Sep 28, 2021 | Series A | 7796 | |
Mar 02, 2023 | May 14, 2021 | Series B | 5562 |
Team profile of Room40
Room40 has a team of 3 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: Climate Capital, a16zcrypto and 23 others have invested in rounds before Room40. There is 1 company where Climate Capital has invested before Room40 and 1 company where a16zcrypto 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

