What is Room?
Founded in 2017 and headquartered in New York, Room specializes in the design and manufacturing of modular, sustainable office solutions. The company addresses the inherent rigidity of traditional commercial real estate by providing flexible, high-quality pods and meeting spaces that can be easily reconfigured. This approach allows organizations to adapt their office layouts in real-time, fostering productivity and collaboration without the need for permanent, costly construction. Room's market position is bolstered by its commitment to sustainable materials and a design-first philosophy that resonates with modern, forward-thinking corporate tenants.
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, Bjarke Ingels, Slow Ventures, and FJ Labs
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 through sustainable innovation.
Lerer Hippeau
Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages, supporting founders who tackle challenging problems.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses with a massive portfolio of successful startups.
What's next for Room?
With this latest capital, Room is poised to scale its operations and deepen its penetration into the enterprise market. The strategic focus will likely center on expanding its product ecosystem and enhancing its supply chain capabilities to meet the rising demand for hybrid work infrastructure. As companies continue to evaluate their long-term office strategies, Room's ability to provide scalable, modular, and aesthetically refined solutions will be a key differentiator. The firm is well-positioned to capitalize on the ongoing evolution of the workplace, leveraging its recent financing to solidify its leadership in the modular architecture space and drive sustained growth across global markets.
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