***Press Release***
RoomMate, the Luxembourg PropTech startup, completes its 2° fundraising round of EUR 600,000 and introduces RoomMate Channel Manager.
RoomMate is pleased to announce the closing of its 2° equity round of EUR 600,000, January 2021, from LBAN, a pool of private visionary business angels and real estate experts.
The closing is a strong signal with regard to RoomMate’s growth ambitions, strengthening its position in the real estate IT sector at a European level, by offering consumers a fully integrated solution for their Property Management processes. The four Italian co-founders Mattia Raffaelli, CEO, Francesco Cotugno, CDO/COO, Matteo Bucci and Mirko Martignon, CTOs, would like to thank the funds and private investors that have supported us this far.
STRATEGIC RATIONALE
- The closing of the 2° round will enable RoomMate to accelerate the digital transformation of the real estate ecosystem through its scaled R&D capabilities and flexible company structure
- With the disruptive Channel Manager completely new options are now open to us and our customers, including the strong listing rating tool. International real estate players like SpotaHome, UniPlaces, and HousingAnywhere are already official partners, having actively worked with RoomMate in 2021 in the sharing of the methodologies and customers’ feedback for products development and fine-tuning
- By accelerating and optimizing our landlords’ workflow through our solutions, there has been a 8% occupancy rate in the last year with an average of €2 million in collected rent
- Our current clients, through Estelle, have in the last year generated a total of 4,063 added leases thanks to our automatized solution, facilitating the data exchange between landlord and tenants
- Landlords’ goal is to maximise their ROI. Our platform does just that by saving them time and money, ensuring transparency and accountability by one single and intuitive dashboard. Just last year 81% of our clients grew their portfolio
RoomMate now has a presence in over 5 countries, holding positions in major European countries, including Luxembourg, Italy, Spain, France, and DACH region. In 2022 RoomMate is dedicated to platform development, enlarging customers base, pursuing consolidation, and exploring new business avenues to catalyze and support the sector.
The combination of RoomMate Estelle, Channel Manager, and Places Web App offers a multidisciplinary solution from a single source. Specifically for the public and private landlords, tenants, universities, and real estate professionals active in the mid-to-long-term rentals and co-living.
Mattia Raffaelli, CEO of RoomMate S.A., commented: “The ICT sector in the real estate industry in the coming years will inexorably face an important digital transformation and a global consolidation process, certainly in Europe. Investments in R&D, UX/UI, integration, and customer assistance are vital to maintaining competitiveness. New business models that need initial investment all require a proper platform that ensures a fast, secure, and complete property management software integrated into a more comprehensive ecosystem, addressing specific needs of the different parties involved. Our strategy is to offer an omnichannel solution, focused on our property mgmt dashboard, Channel Manager, exchange data function, e-services, monitoring portfolio performances tool, agency costs- cut, and time-saving. All of these functions will all have a positive impact on all the parties who operate thanks to our solutions. We look to tap into these changes and support the sector with our expertise and systems”.
“The channel manager of RoomMate, like the PMS RoomMate Estelle, that we have been using for some time, – Explained by Luca Pasca, CEO of Kamchu – allows us to manage availability and the main topics of our properties just in a super-easy way: everything happens from a single, user-friendly and intuitive environment. Without the channel manager, I had to access (and log in) into each individual portal, repeating the same operation on each channel used. With the channel manager, all this is automated.”
These partnerships allow RoomMate’s clients to increase the profitability of their real estate portfolio, by increasing their occupancy rate and decreasing the length of their vacancies.
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About RoomMate
RoomMate is a client-centric Proptech with two scalable platforms that digitises and automates the processes for mid-to-long-term rental management, with an app called Places for tenants and a SAAS platform called Estelle for landlords.
Through our cloud-based platform, landlords will be able to connect their portfolios with the entire value chain in the real estate ecosystem. Advertising their assets on different online platforms to find tenants, as well as finding service providers for all their maintenance and financing needs, will all be part of how we grow our service offering for our clients.
About HOUSING ANYWHERE
HousingAnywhere is Europe’s largest rental accommodation marketplace, with 10 million unique visitors per year and 60,000+ properties available for rent. HousingAnywhere facilitates international mobility with its innovative platform and secure booking system. Users can browse through thousands of rooms offered by verified advertisers and verified landlords. HousingAnywhere offers internationals a range of accommodation, all of which can be safely booked in a few clicks.
About UniPlaces
Uniplaces is the marketplace of unique places for students, young workers, digital nomads, travelers, or families. With Uniplaces, you can rent your accommodation with a safe and easy housing platform to find and book rooms, apartments, flats, and residences. While having the largest choice of verified accommodations in the world and having booked more than 7 million nights in over 30 European cities for students, Uniplaces can satisfy all budgets and continues to expand its presence while creating the ideal rental experience for everyone.
About SpotaHome
Spotahome is a 100% online booking platform, the largest in Europe of its type, offering an exhaustive list of apartments, rooms, studios, and student residences that can be rented for mid-long terms. The Spotahome experience removes the need for in-person viewings, saving both tenants and landlords time and expense. Spotahome is the ‘Big Winner’ of the 5th edition of the South Summit among more than 3,000 companies from around the world and in various sectors due to innovation, viability, and scalability in technology.
PRESS CONTACTS
RoomMate
MIKAEL DASILVA
Mikael.dasilva@the-roommate.com
+352 621 572 999
