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RoomMate

Company | Luxembourg
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PropTech | Client Centric | Data Driven Property Management Platform

 

Choose your rules and manage your space

 

RoomMate is a data driven property management platform for landlords who want to grow their portfolio sustainably. In 2019 we were a mobile application with 20,000 monthly active users - tenants who wanted to manage the co-living situation better.

18 months later we have successfully pivoted and are now addressing the other side of the market, with the landlords that our tenants rent their apartments from. During the lockdown we launched our cloud based platform, and we now have paying client.

Covid has driven landlords, who were reticent to use technology to manage their real estate portfolio, to change their habits and embrace digital transformation by becoming our clients.

Our goal is to bring the entire rental management value chain together, allowing tenants and landlords to have a seamless experience, as well as connecting the different parts of the market together, making us the central hub for rentals.

We help lanlords make better data-driven investment decisions.

Key facts:

  • One of 10 out of 300 startups selected for the Fit4Start program in Luxembourg in 2019, and graduated
  • Raised seed round of €475k during Covid-19
  • Team of 8 (doubled in 6 months)
  • Generating revenues
  • Strong commercial and tech pipelines
  • Next step : commercial expansion across Europe
  • Seed round: 1,2m€ sought by August 2021
  • Series A: €3M to €5M by end of 2022

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