Roomi

Overview
Alternative Living?
Product stageSegments
Early
?
Flexible-stay spaces
?

Roomi is a peer-to-peer marketplace that aims to make it safer and easier for people to find rooms, roommates, and coliving spaces for rent. Launched in 2015, the platform has over 1.1 million registered users across major cities in the US and Canada. Roomi's website and mobile app allow users to browse verified listings, set up rent payments, and communicate securely through in-app messaging.

The platform employs robust safety measures such as ID verification, where users upload copies of their lease, utility bills, or government-issued IDs. Additionally, Roomi protects users' privacy by only showing approximate locations of listings instead of exact addresses. A 24/7 content moderation team reviews listings and removes any that violate community standards.

Roomi offers a free membership that allows users to activate listings and contact up to two listings per location. For enhanced features like unlimited messaging and listing visibility boosts, users can opt for the Roomi Gold subscription starting at USD 14.99 per week or USD 29.99 per month. The subscription eliminates booking fees and grants a "Fully Verified" status for increased credibility.

In April 2018, Roomi partnered with insurtech firm Lemonade to offer renters' insurance, making it easier for users to protect their belongings. The same year, Roomi announced a USD 3.1 million seed funding round.

Key customers and partnerships

Roomi has established partnerships with several notable companies in the housing and insurance sectors. In April 2018, the platform partnered with Lemonade Insurance Company, an AI-powered insurtech firm, to offer renters' insurance to its users. This collaboration allowed Roomi users to easily insure their belongings through Lemonade's streamlined process.

Additionally, Roomi has joined forces with GlobaliD, a digital identity platform that gives users control over their data and privacy when conducting online transactions, such as renting a room through Roomi's platform.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
33 Irving Pl FL 5 New York NY USA
Founded year:
2013
Employees:
11-50
IPO status:
Private
Total funding:
USD 17.0 mn
Last Funding:
USD 21.0 k (Grant; Apr 2021)
Last valuation:
-
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