Roomi Raises $2M in Seed Funding

What does Roomi do?

Roomi, is a free mobile app which simplifies roommate and housing search. It is a mobile marketplace for shared rental. With this app you can rent easy and live better together. It makes roommate and housing search simple by making it easy for people to post and search room, form meaningful connections, and share a home as members of the co-living community.

This app is revolutionizing the roommate search by prioritizing the person as much as the price and the place. It consists of easy to use tools which enable users in instantly posting and finding rooms, safely chat with the potential roommates who match their interests and lifestyle preferences. When you become a member of the Roomi community, you can enjoy the members only perks which makes living together even better. Currently it is only available in the New York city and is soon expanding to other cities.

How much Roomi was funded?

 Roomi raised $2M in Seed round on June 9, 2015 from DCM Ventures.

Previous funding

$653k in Seed funding on December 31, 2014 from Wasabi Ventures, Sand Hill East and Great Oaks Venture Capital.

What is next for Roomi?

Roomi has launched out of beta with a number 1 ranking in the Apple App Store. It has seen early and rapid interest from the users, locking approximately 100,000 downloads and the number is increasing. The funds are to be used to ramp up the new features of the app and for expanding to Android and hiring top tier talent.

More about Roomi

Roomi was founded on April 17, 2014 by Ajay Yadav. It has its headquarters in New York, NY. It is creating a mobile app marketplace which uses an wide social graph, enabling users in creating a profile and search for potential roommates and rooms in just a few quick steps.