Roomer Overview
Roomer connects travelers who are stuck with a nonrefundable hotel room with others who are looking for last-minute discounted accommodations. Roomer uses an automated validation system to authenticate each reservation in its marketplace, ensuring safety and security for all its users, buyers, and sellers. Roomer also works with hotels and travel companies around the world to expand their customer bases and solve critical customer service problems relating to cancellations of nonrefundable reservations.
Cumulative Funding Raised Over Time ($)
$2.0MMar 2013
$7.0MNov 2014
Latest News
growth-positive
How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis
Tel Aviv-based startup Splitty recently acquired the assets of Cancelon, a Boston-based company, to overcome its marketing gap. Splitty offers mixed rate hotel deals by piecing together a mix of rate types from different sources. The merger reveals guerrilla marketing tactics in the online travel industry. Splitty aims to apply Cancelons digital marketing techniques to boost sales under its brand. Splitty has raised $10 million in funding to date, led by Fosun RZ Capital. The article discusses the challenges and potential risks of the split rates concept. Splitty is considering adding Cancelons signature feature of letting consumers resell their non-refundable reservations. The company plans to expand its product offerings and increase customer demand.
AcquisitionPartners
Roomer is not paying out on cancelled hotel rooms - Which? News
growth-positive
Roomer Partners With Munich Re to Power Next Generation Travel Flexibility
Roomer Travel, an Israeli/US-based start-up, has developed a marketplace for reselling and booking non-refundable hotel rooms. They have introduced a new feature called Flex, which allows travelers to change their travel plans without risking the whole booking value. Munich Re, a leading provider of reinsurance and insurance-related risk solutions, has partnered with Roomer to develop an insurance solution that protects against large unexpected payouts. This partnership enables Roomer to scale up their operations globally and improve the customer experience. Roomer plans to expand its business globally and explore opportunities to protect travelers in other verticals within the travel industry.
PartnersCustomers
growth-positive
This Startup Lets You Bail Out of Booked Hotel Reservations
Tel Aviv-based Roomer Travel Inc. has developed an online marketplace where people can offer their already booked hotel rooms at a discount. The company aims to cover losses for customers who change their minds or have to cancel non-refundable deals. Roomer has raised $18 million to date and plans to expand its services to include vacation packages and an insurance policy for unsuccessful reservation reselling. The companys ties with hotels help facilitate the process of changing the name on a reservation and increase approval rates. The interview with Roomers director of operations took place at the companys office in Tel Aviv.
PartnersExpand
growth-positive
Hotel room marketplace co Roomer raises $5m
Israeli startup Roomer has raised $5 million in funding led by Tal Barnoachs Disrupt-ive fund and the Barkat brothers BRM fund. This brings the total amount raised by Roomer to $7 million. The funding will be used to continue the companys growth, improve its mobile application, and expand into new geographical regions. Roomer allows people to offer their hotel room reservations at a discount when they have to cancel, creating a win-win situation for both the seller and the buyer. The company aims to create a unique inventory of previously unavailable hotel rooms and become the go-to platform for those seeking travel value.
InvestmentExpand
| Sector | Retail Platforms |
Funding
| Total funding | $7M |
| Last funding | $5M |
| Stage | Mature |
| Rounds | 2 |
| Investors | 2 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.roomertravel.com/ |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Yehuda Halevi Street 43, Tel Aviv, Israel
205 East 42nd Street, NY, New York, USA
Photos & Videos
3 item(s)
Roomer Business
Business models
B2B, B2C
Product stage
Released
Employees
11-50
Sector
Retail PlatformsServicesBusiness SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Travel & TourismHospitalityHotelsConsumersCore Technology
Platforms & InterfacesWebMobileData StorageTags (11)
p2pprice-comparisonmarketplaceecommercehospitalitybookingpricingsharing-economytraveltechonline-shoppinghotelsGeographic Markets
GlobalRoomer Financials
$7M
Total funding
Undisclosed
Capital raised
$5M
Last funding
Mature
Funding stage
2
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$2.0MMar 2013
$7.0MNov 2014
Private Equity Funding
A Round
Nov 2014
$5M
BRM Group, Disrupt-ive
Seed
Mar 2013
$2M
BRM Group
Roomer Lifecycle
Cumulative Funding Raised Over Time
$2.0MMar 2013
$7.0MNov 2014
All Events
A Round
Nov 2014
$5M
BRM Group, Disrupt-ive
Seed
Mar 2013
$2M
BRM Group
Roomer News
6 articles
growth-positive
How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis
Tel Aviv-based startup Splitty recently acquired the assets of Cancelon, a Boston-based company, to overcome its marketing gap. Splitty offers mixed rate hotel deals by piecing together a mix of rate types from different sources. The merger reveals guerrilla marketing tactics in the online travel industry. Splitty aims to apply Cancelons digital marketing techniques to boost sales under its brand. Splitty has raised $10 million in funding to date, led by Fosun RZ Capital. The article discusses the challenges and potential risks of the split rates concept. Splitty is considering adding Cancelons signature feature of letting consumers resell their non-refundable reservations. The company plans to expand its product offerings and increase customer demand.
AcquisitionPartners
Roomer is not paying out on cancelled hotel rooms - Which? News
growth-positive
Roomer Partners With Munich Re to Power Next Generation Travel Flexibility
Roomer Travel, an Israeli/US-based start-up, has developed a marketplace for reselling and booking non-refundable hotel rooms. They have introduced a new feature called Flex, which allows travelers to change their travel plans without risking the whole booking value. Munich Re, a leading provider of reinsurance and insurance-related risk solutions, has partnered with Roomer to develop an insurance solution that protects against large unexpected payouts. This partnership enables Roomer to scale up their operations globally and improve the customer experience. Roomer plans to expand its business globally and explore opportunities to protect travelers in other verticals within the travel industry.
PartnersCustomers
growth-positive
This Startup Lets You Bail Out of Booked Hotel Reservations
Tel Aviv-based Roomer Travel Inc. has developed an online marketplace where people can offer their already booked hotel rooms at a discount. The company aims to cover losses for customers who change their minds or have to cancel non-refundable deals. Roomer has raised $18 million to date and plans to expand its services to include vacation packages and an insurance policy for unsuccessful reservation reselling. The companys ties with hotels help facilitate the process of changing the name on a reservation and increase approval rates. The interview with Roomers director of operations took place at the companys office in Tel Aviv.
PartnersExpand
growth-positive
Hotel room marketplace co Roomer raises $5m
Israeli startup Roomer has raised $5 million in funding led by Tal Barnoachs Disrupt-ive fund and the Barkat brothers BRM fund. This brings the total amount raised by Roomer to $7 million. The funding will be used to continue the companys growth, improve its mobile application, and expand into new geographical regions. Roomer allows people to offer their hotel room reservations at a discount when they have to cancel, creating a win-win situation for both the seller and the buyer. The company aims to create a unique inventory of previously unavailable hotel rooms and become the go-to platform for those seeking travel value.
InvestmentExpand
growth-positive
Hotel marketplace Roomer raises $2m
Hotel marketplace Roomer has raised $2 million in a first-round of financing from BRM Capital. Roomer aims to match those cancelling hotel rooms with travelers looking for good deals. The company plans to build the eBay of hotel rooms, allowing users to post their reservations for sale and recoup some of the money they paid for the room. The service is currently offered free, but the company plans to charge a commission on successful hotel transactions in the future. Roomer is in its beta site phase and currently offering rooms in New York, Las Vegas, and San Francisco. Alongside the financing round, Uri Levine, president and co-founder of Waze Ltd., is joining the board.
InvestmentExpand
Roomer Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 13 |
| Team members | 4 |
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Roomer Internal
Recent Updates
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Admin Info
| Confidence | 91/100 |
| Missing | not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514822592 |
| Crunchbase | roomer |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Paul Weisko |
| Updater email | pweisko@gmail.com |
| Last update | 2021-01-20T00:00:00.000Z |
| Created | 2014-09-17T00:00:00.000Z |