Photo - RoomMate S.A.
play_arrow
View
57825

RoomMate S.A.

Luxembourg
Market: Real estate
Stage of the project: Operating business

Date of last change: 16.06.2022
Show contacts
0
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

RoomMate is a client-centric Proptech with 2 scalable platforms that digitises & automates the processes for mid-to-long-term rental management, with an app for tenants & a SAAS platform for landlords

Current Status

- 45 Clients
- 7500 Paying MRR
- 15000 Signed MRR
- Generating revenue since 15 months
- Total Units Managed 4000
- 10000 Units in Pipeline

Problem or Opportunity

We are solving multiple problems for two sides of the same coin.

Our paying clients are landlords and real estate portfolio managers who are renting accommodation to their tenants. Our SAAS platform called Estelle, helps them streamline their activities by digitising and automating many of the processes that go into the real estate rental business.

Solution (product or service)

Our online platform for landlords, Estelle, automates many of the time consuming processes, from tenant onboarding, to rent collection and bank reconciliation, through maintenance management and portfolio reporting.

On the other side, RoomMate Places is a platform by which you can manage your relationship with your landlord. With RoomMate places you can access features such as… check unit info, make online rent payments, manage leases, communication channels, maintenance requests, and files on the go

Business model

We iterated the pricing model so that it is scalable with the real estate portfolios our clients manage. Specifically, we work with rentable units, which can be as small as a bed and as big as a whole apartment.

After 10 units, they can choose between the:

Unit Plan, set as €4,99/unit/month.
Transaction Plan, in which we charge 1% of the rent collected.

Incubation/Acceleration programs accomplishment

Fit4Ststart Luxembourg
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility53
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video