Roam

Roam

AI-powered virtual workspace for distributed teams

Overview

Company Does Not Provide H1B Sponsorship

Roam provides an AI-powered cloud HQ for distributed and hybrid teams, combining real-time presence visualization with everyday collaboration tools. Its core feature is a visual HQ map that shows where each teammate is and what they’re doing, enabling spontaneous eight-minute audio drop-ins or scheduled video rooms. AI features include automatic meeting transcription and summaries (Magic Minutes), AI agents that automate tasks, and an AI screen recorder. Unlike siloed tools, Roam offers an all-in-one platform with a usage-based subscription, where guests can join for free, aiming to replace multiple apps and improve presence and collaboration for teams up to about 500 employees.

About Roam

Simplify's Rating
Why Roam is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$40.6M

Headquarters

New York City, New York

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Brent Saunders appointed board chair, boosting enterprise strategy.
  • Over 2000 customers including 40 enterprises drive usage growth.
  • Recent whiteboards and threaded chats enhance creative collaboration.

What critics are saying

  • Microsoft Teams AI huddles commoditize HQ map in 6-12 months.
  • G2 reviews cite audio lags causing 50-70% churn in 3-6 months.
  • Async tools like NotebookLM obsolete synchronous model in 18-24 months.

What makes Roam unique

  • Roam's HQ map visualizes real-time employee presence like Marauder's Map.
  • AI Magic Minutes auto-transcribes and summarizes short 8-minute drop-ins.
  • Yext alumni team led by Howard Lerman builds integrated cloud HQ.

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Funding

Total Funding

$40.6M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$30M
Roam

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

0%

2 year growth

-1%
CryptoVideos.net
Jul 2nd, 2025
Coinbase Acquires Token Administration Platform LiquiFi as Trade Goals to Increase Its Companies - Decrypt

Coinbase has additionally acquired the browser product Roam, the on-chain advertisements platform Spindl, and the futures change Deribit for $2.9 billion.

Forbes
Jan 18th, 2024
A 'Marauder'S Map' For The Office: Virtual Hq App Roam Exits Beta Period Amid More Rto Mandates

Yext CEO Howard Lerman speaks onstage at the ONWARD17 Conference- Day 2 on November 2, 2017 in New York City. (Photo by Slaven Vlasic/Getty Images for ONWARD17) gettyT he idea for Howard Lerman’s next startup came when he forgot to include someone in a Zoom call. It was during the pandemic, when the serial entrepreneur was running Yext, the publicly traded online marketing platform he cofounded. Large videoconference calls were common at the time, with squares of camera-off and camera-on coworkers spilling off the screen. In remote work, “if you forget to add someone to a Zoom calendar invite, it’s like they don't exist,” says Lerman, who also cofounded Confide. “They have no way of knowing that the meeting was going to happen.”Yet that moment sparked the idea of a “Marauder’s Map” for the office, Lerman says, borrowing the Harry Potter concept of a magical diagram that represents both the wizarding school’s interior and people’s locations within it

Roam
Jun 12th, 2023
Roam | News | Roam Appoints Brent Saunders, CEO of Bausch + Lomb and former Cisco Director, as Chair of Company’s Board of Directors

Roam, the all-in-one Cloud HQ that brings distributed companies together in one headquarters - from anywhere, today announced the appointment of Brent Saunders, Chair and CEO of Bausch + Lomb (NYSE: BLCO), as its Chair of the Board of Directors, effective immediately.

RecruitrLabs
Apr 13th, 2023
The Hottest Trends for Tech Startups in 2023 (Part 2)

One such virtual office platform provider is Roam, which recently secured $40 million in funding.

CNBC
Nov 2nd, 2022
This startup just raised $40 million to take on Zoom with virtual office spaces

Former Yext CEO Howard Lerman has spent over a year creating Roam, a new kind of virtual office.

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