Roomi raises $11 million to search out you a roommate

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Looking for a roommate on Craigslist could be cumbersome. And it may be troublesome to find out what the particular person can be like in actual life.

A startup known as Roomi thinks it has a greater resolution for locating individuals to dwell with. Its app and web site badist you seek for house listings with background-checked profiles from the tenants. It additionally pulls information from social media, like pictures and employment data.

New York-based Roomi says it has signed up one million individuals because it launched in 2015. Its common buyer is a younger skilled, aged 26.

Roomi is saying that it’s raised $11 million to speed up its enterprise.The spherical is led by London-based Atami Capital, with participation from DCM, Great Oaks Venture Capital and others. Strategic traders together with Scott and Cyan Banister are additionally taking part. This brings the whole funding raised so far to $17 million.

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

Yadav mentioned he got here up with the concept to “moderate the marketplace” after he grew to become annoyed trying to find his personal house.

Roomi is in over 21 cities, however it says its prime markets are New York, LA and San Francisco. Yadav mentioned he hopes the funding from Atami Capital will badist Roomi broaden to London subsequent.

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

 

Featured Image: Roomi

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