RoomMate team;
Credit: © RoomMate
Based between Italy and Luxembourg, the startup RoomMate has just announced that it has raised a total of €475,000 in a seed round combining investment from Business Angels and a grant from Fit 4 Start.
RoomMate was founded in 2017 by Matteo Bucci, Mirko Martignon, Mattia Raffaelli and Francesco Cotugno. It grew exponentially with its first product on the market, the Spaces application for tenants. This app allowed users to organise their private life from inside and outside their homes. It had immediate success as it fulfilled and began to resolve a real need in the market by also being built based on collected feedback by the team and from its users.
In March 2018, the application ranked first at Almacube’s Innovation Day. In May that same year, the acceleration began in the Florentine startup laboratory with Nana Bianca. By September, the application was in the top 5 at the international event "Go Heroes Meet" in Maratea, Italy.
RoomMate continued receiving awards in different startup competitions and in 2019 it was selected to participate in the international acceleration programme Fit 4 Start, supported by the Luxembourg Government.
Now, in addition to the Spaces application, the Estelle web platform for landlords has been added for the management of medium-long term residential rentals. It is aimed at landlords and property managers, completing the circle between those who live in the accommodation and those who own the properties. The most recent funds will be used to fuel the continuous development and expansion of the two platforms, the Spaces application and the Estelle web platform.
The RoomMate Spaces app has over 20,000 active users already. Countries all over Europe, America, Asia and Australia and over 2,500 apartments are already being managed through the RoomMate Estelle’s web platform. These numbers continue to grow on a daily basis.
This information was first published in an article on Silicon Luxembourg.
