What is Roomex?
Roomex is a prominent travel and expense management platform designed for the mobile workforce engaged in project-based travel. Founded in Dublin, Ireland, in 2004, and with additional offices in Boston and Munich, the company offers a comprehensive solution for booking, managing, paying, and analyzing accommodation, rail, and expenses. This integrated approach aims to deliver substantial time and cost savings for its clientele, which includes notable organizations such as Ainscough, Imtech, Stonegate, and LNT Group.
How much funding has Roomex raised?
Roomex has raised a total of $3.9M across 1 funding round:
Series A
$3.9M
Series A (2016): $3.9M with participation from Frontline Ventures
Key Investors in Roomex
Frontline Ventures
Frontline Ventures is a venture capital firm focused on globally ambitious B2B businesses, with a particular emphasis on early-stage European companies and facilitating US-to-Europe expansion. They have a track record of backing successful B2B entrepreneurs and have managed significant funds.
What's next for Roomex?
The recent major strategic investment suggests Roomex is poised for significant scaling and market expansion. This infusion of capital will likely be directed towards enhancing its platform capabilities, broadening its global reach, and potentially exploring new service verticals within the corporate travel and expense management sector. The company's established presence and diverse customer base provide a strong foundation for future growth and innovation.
See full Roomex company page
