About ROOM
ROOM creates modular office pods that enhance modern workspaces. Their products are designed to improve collaboration, video conferencing, and overall office efficiency. These prefabricated pods are built off-site and assembled at the client's location, allowing for quick installation. ROOM offers a range of customizable options, including soundproof meeting rooms that can be reconfigured as needed. The company serves a diverse clientele, from small startups to large corporations, and generates revenue through direct sales and flexible financing options. ROOM's goal is to provide smart, sustainable, and adaptable workspace solutions that prioritize the human experience.
New York City, New YorkHeadquarters
2017Year Founded
$23.8MTotal Funding
SERIES_ACompany Stage
Industrial & Manufacturing, Design, Consumer GoodsIndustries
201-500Employees
Risks
Increased competition from established companies like Steelcase and Herman Miller.
Potential supply chain disruptions due to reliance on international prefabricated components.
The trend towards remote work may reduce demand for physical office spaces.
Differentiation
ROOM offers prefabricated, self-assembled, soundproofed, and ventilated office pods.
The company provides flexible payment options, making its products accessible to various businesses.
ROOM's partnership with One Tree Planted enhances its commitment to sustainability.
Upsides
Growing demand for hybrid work solutions boosts ROOM's market potential.
Rising interest in sustainable office solutions aligns with ROOM's eco-friendly products.
Expansion of the modular construction market supports ROOM's growth prospects.
Funding
Total raised$23.83 M
Latest valuation$50.00 M
StageSERIES_A
SERIES A
12/31/2021$10
$50.00 MSEED
7/31/2018$2
$10.00 M