eCommerceStartUp News

Roomi Raises $4 Million In Seed Funding

It’s not another rental app!

About Roomi App

Roomi is an alternative to craigslist. The app lets you find rental homes but with tenants already living in those homes. Essentially it’s finding you a roommate. This New York-based app raised around $4M in seed funding led by DCM Ventures. The company raised $6M in total funding, aims to use it for expanding internationally.

How does it work?

Roomi makes renting a room or finding a new roommate simple and effortless by letting users post and view listings, build profiles, and connect with each other safely right from the app. This rental app syncs with Facebook to provide you a peek of prospective roommates. Roomi wants to help people free from the traditional lease and find flexible, affordable co-living solutions that will feel like home.

About the company

Launched in 2015, Roomi currently has more than 375,000 users across New York, SF Bay Area, Austin, San Diego, Los Angeles, Chicago, Boston, Washington DC/Baltimore, Philadelphia, Seattle, Miami, Houston, Dallas, Orlando, Atlanta, Toronto and Vancouver. The company aims to fit in background checks as part of its service to make sure all roommate connections are safe. Roomi’s business is still budding and has no revenue.

What do you think about this funding to Roomi? Kindly share your thoughts in the comment section below.

Takeaways:

  • Roomi is an alternative to craigslist.
  • Roomi raised around $4M in seed funding led by DCM Ventures making it to $6m in total.
  • Roomi currently has more than 375,000 users across North America.

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