ROOM

About

ROOM is a startup that specializes in designing modern workspaces.

New York,New York,United States
51 - 100
https://room.com/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $12.50M
Industries: Architecture,Interior Design,Product Design,Smart Building
Founded date: Jan 1, 2017
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Phonebooths Inc
Also Known As: Nomad

ROOM is a startup that specializes in reshaping the modern workspace. It designs a modern workplace system through flexible alternatives that make more room for people at work and also build prefabricated, self-assembled, sound-proofed, ventilated, and powered booths. It enables users to make extra room in the budget without compromising quality and provides employees with a place to take a video call or get some uninterrupted time to focus on work.

The company was co-founded by Morten Meisner-Jensen and Brian Chen in 2018.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$14.50M

ROOM has raised a total of $14.50M in funding over 2 rounds. Their latest funding was raised on Mar 5, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 5, 2021	Series A	—	1	—	—	Detail
Aug 5, 2020	Series A	$12.50M	7	Slow Ventures	—	Detail
Jul 7, 2020	Secondary Market	—	1	—	—	Detail
Apr 10, 2020	Series A	—	2	—	—	Detail
Aug 15, 2018	Seed	$2M	2	Slow Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

13

ROOM is funded by 13 investors. Slow Ventures and 10X Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Slow Ventures	Yes	Series A
10X Capital	—	Series A
Gaingels	—	Series A
Bjarke Ingels	—	Series A
FJ Labs	—	Series A
Lerer Hippeau	—	Series A
SIGMA Venture Partners	—	Series A
SJF Ventures	—	Series A
Nordic Secondary Fund	—	Secondary Market
Daniel Curran	—	Series A