What is Room?
Founded in 2017 and headquartered in New York, Room specializes in the design and manufacturing of modular office solutions. The company addresses the growing demand for flexible, sustainable, and high-performance workspaces that accommodate the needs of a modern, agile workforce. By integrating acoustic engineering with minimalist aesthetics, Room enables businesses to transform static office layouts into dynamic environments that foster productivity and collaboration. Their market position is defined by a unique blend of architectural innovation and operational efficiency, positioning them as a leader in the workplace-as-a-service category.
How much funding has Room raised?
Room has raised a total of $12.5M across 1 funding round:
Series A
$12.5M
Series A (2020): $12.5M with participation from SJF Ventures, Lerer Hippeau, FJ Labs, Slow Ventures, and Bjarke Ingels
Key Investors in Room
SJF Ventures
SJF Ventures is an investment firm focused on high-growth companies that aim to create a healthier, smarter, and cleaner future, emphasizing innovation and sustainability.
Lerer Hippeau
Lerer Hippeau is a venture capital firm focused on investing in innovative startups, supporting founders who tackle challenging problems across enterprise and consumer landscapes.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses with a portfolio that includes numerous unicorn successes.
What's next for Room?
With this major enterprise-level funding, Room is well-positioned to accelerate its product development roadmap and expand its footprint in key global markets. The strategic capital will likely be deployed to enhance manufacturing capabilities, scale distribution networks, and invest in R&D to further refine their sustainable design offerings. As the company transitions from its initial growth phase to a more mature enterprise scale, the focus will remain on maintaining its leadership in the modular office space industry while navigating the complexities of hybrid work models. Future growth will be driven by the company's ability to integrate smart technology into its physical structures, ensuring that Room remains at the forefront of the future of work.
See full Room company page