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Overview
ROOM designs and builds modular, prefabricated office pods that fit into existing workspaces to improve collaboration, video conferencing, and overall office efficiency. The pods are soundproof and customizable, allowing quick on-site assembly and easy reconfiguration as needs change. The company blends smart, sustainable materials with flexible financing to help a wide range of businesses access adaptable workspace solutions. Compared with others, ROOM emphasizes off-site manufacturing, rapid installation, and human-centered design focused on collaboration and the employee experience, along with eco-friendly features. Its goal is to transform office spaces into flexible, efficient, and enjoyable environments that support modern work styles.
About ROOM
Industries
Industrial & Manufacturing
Design
Financial Services
Consumer Goods
Company Size
201-500
Company Stage
Series A
Total Funding
$24.5M
Headquarters
New York City, New York
Founded
2017
Simplify's Take
What believers are saying
- Nordic Secondary Fund acquired stake in ROOM signaling investor confidence.
- Brian Walker, ex-Herman Miller CEO, joined ROOM's board driving growth.
- Demand surges for hybrid workspaces boosting ROOM's prefabricated pod sales.
What critics are saying
- Framery's 40% market share diverts ROOM's enterprise booth sales.
- Google and Amazon 5-day mandates cut ROOM's pod installations 35%.
- Alibaba knockoffs capture 25% SMB segment undercutting ROOM's prices.
What makes ROOM unique
- ROOM offers prefabricated pods assembled in under 30 minutes using 60% recycled plastic.
- Healthcare-specific ROOM x Carolina pod reduces noise by 32 decibels with hygienic fabrics.
- One-for-One initiative plants one tree per modular product purchased.
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Funding
Total Funding
$24.5M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -4%2 year growth
↓ -9%"One for One" Initiative Dedicated to Planting Trees Around the WorldNEW YORK, April 22, 2024 /PRNewswire/ -- ROOM, the leading provider of modular workspace solutions, today announced a partnership with One Tree Planted that aims to plant 40,000 trees for landscape reforestation in 2024. For every one of ROOM's modular products purchased, the Company will plant one tree in One Tree Planted's global network of reforestation projects. Modular architecture company ROOM announces partnership with One Tree Planted to plant 40,000 trees for reforestation.ROOM's suite of modular architecture ranges from soundproof office phone booths to modular meeting rooms and private offices. Since 2014, One Tree Planted has planted over 135 million trees with 378 partners across 82 countries
New York Design Center, Inc. will be kicking it off with Darren Henault's beautiful Room in the 2023 Dallas Kip's Bay Show House!
Nordic Secondary Fund is pleased to announce that we have acquired a stake in ROOM, a modern & sustainable office workspace products company.
In 2015, she starred in Room, for which she won multiple awards including Academy Award, BAFTA Award, Critic's Choice Award, Golden Globe Award, Screen Actors Guild Award and Canadian Screen Award for Best Actress.
For Earth Month, ROOM partnered with Tuppence Collective to give the booth a botanical makeover.
There are no jobs for ROOM right now.
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About ROOM
Industries
Industrial & Manufacturing
Design
Financial Services
Consumer Goods
Company Size
201-500
Company Stage
Series A
Total Funding
$24.5M
Headquarters
New York City, New York
Founded
2017
There are no jobs for ROOM right now.
Find jobs on Simplify and start your career today