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ROOM

ROOM

Designs and manufactures modular office pods

About

ROOM creates modular office pods that enhance modern workspaces. Their products are designed to improve collaboration, video conferencing, and overall office efficiency. These prefabricated pods are built off-site and assembled at the client's location, allowing for quick installation. ROOM offers a range of customizable options, including soundproof meeting rooms that can be reconfigured as needed. The company serves a diverse clientele, from small startups to large corporations, and generates revenue through direct sales and flexible financing options. ROOM's goal is to provide smart, sustainable, and adaptable workspace solutions that prioritize the human experience.

Company Stage

M&A

Employees

51-200

Industries

Industrial & Manufacturing, Consumer Goods, Design

Total Funding

$15.4M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • ROOM's innovative and adaptable products cater to a wide range of clients, from startups to large corporations, increasing their market reach.
  • The flexible payment options make ROOM's solutions accessible to businesses of all sizes, potentially driving higher sales and customer loyalty.
  • Strategic partnerships and high-profile board appointments, such as the addition of former Herman Miller CEO Brian Walker, bolster ROOM's industry credibility and growth potential.

What critics are saying

  • The competitive nature of the office furniture and workspace solutions market could pressure ROOM to continuously innovate to maintain its edge.
  • Dependence on partnerships, like the one with Zoom, may pose risks if these collaborations do not yield the expected results.

What makes ROOM unique

  • ROOM specializes in modular office pods that are prefabricated and easily assembled on-site, offering a unique blend of flexibility and convenience compared to traditional office furniture.
  • Their focus on sustainability, highlighted by initiatives like the partnership with One Tree Planted, sets them apart in the workspace solutions market.
  • The collaboration with Zoom and HP for 'Room for Zoom' showcases ROOM's commitment to integrating advanced technology into their products, enhancing their appeal for modern hybrid workplaces.

Growth & Insights
Headcount

6 month growth

3%

1 year growth

-3%

2 year growth

94%

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