Roomer Raises $5M In Series A Funding From Disruptive
November 25, 2014 | The Airbnb of hotel rooms, Roomer, announced that it raised $5 million in a Series A financing round led by Disruptive. Roomer’s platform hopes to maximize on the over 81 million hotel room cancellations in the US alone by letting users sell their unwanted hotel room at a discounted price, saving them hefty cancellation fees. Fifteen percent of each hotel room re-sale goes to Roomer and the company claims that the average discount on a room near 37 percent for its users. The company, founded by Gon Ben-David and Ben Froumine, hopes to use the funds will help it build up supply and demand for its service and expand marketing.