Latest round

Series B

Last raised

Dec 2020

Total raised

$15M

Investors

5

About Room

Room Inc.Founded in 2017 and headquartered in New York, US, Room Inc. focuses on designing innovative office solutions.ROOM specializes in the design and manufacture of soundproof office phone booths and modular office pods. Their core offerings include the Phone Booth priced at USD 6,295, the Focus Room at USD 18,495, the Meeting Room at USD 19,995, and the Open Meeting Room at USD 16,995. These products are aimed at enhancing workplace productivity by providing quiet and private spaces for various tasks.ROOM generates revenue through direct sales of its products to businesses seeking to improve their work environments. The company emphasizes direct relationships with corporate clients, ensuring efficient installation and customer support.ROOM plans to launch new products designed to further enhance workplace environments and is actively exploring expansion into additional markets within Europe and Asia by the end of 2024.50 mn is intended to support these initiatives, including product development and market entry strategies. The company had previously seen FJ Labs exit their stakes for an undisclosed amount.

Who invested in Room

5 investors across 4 rounds

See all investors in Room

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Funding rounds

  1. Series B

    Dec 14, 2020

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Aug 5, 2020

    Amount

    $13M

    Investors

    Locked

  3. Series A

    Mar 27, 2020

    Amount

    Undisclosed

    Investors

    Locked

  4. Seed

    Jul 30, 2018

    Amount

    $2.4M

    Investors

    Locked

Questions about Room

Who invested in Room?

Room has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Room raised?

Room has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Room last raise money?

Room's most recent round on record is a Series B, in Dec 2020.

What does Room do?

Room is a commercial property company.

Where is Room headquartered?

Room is headquartered in New York, US.

Which VCs invest in companies like Room?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back commercial property companies at Room's stage. Their profiles are linked below.

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