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Roomi raises $11 million to find you a roommate

Looking for a roommate on Craigslist will also be bulky. And it may be tough to resolve what the individual can be like in actual lifestyles.

A startup known as Roomi thinks it has a higher answer for locating other people to reside with. Its app and web page assist you seek for condominium listings with background-checked profiles from the tenants. It additionally pulls information from social media, like footage and employment data.

New York-based Roomi says it has signed up a million other people because it introduced in 2015. Its reasonable buyer is a younger skilled, elderly 26.

Roomi is pronouncing that it’s raised $11 million to boost up its industry.The spherical is led by way of London-based Atami Capital, with participation from DCM, Great Oaks Venture Capital and others. Strategic buyers together with Scott and Cyan Banister also are taking part. This brings the entire investment raised to date to $17 million.

Founder and CEO Ajay Yadav mentioned the purpose of Roomi is to “help young people find flexible affordable shared housing options.” He believes that Roomi stands proud from the contest as it “focuses a lot on the trust factor.”

Yadav mentioned he got here up with the speculation to “moderate the marketplace” after he become pissed off in search of his personal condominium.

Roomi is in over 21 towns, however it says its most sensible markets are New York, LA and San Francisco. Yadav mentioned he hopes the funding from Atami Capital will assist Roomi make bigger to London subsequent.

The investment may also be used to “double down on the product.”


Featured Image: Roomi

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