Room (Office Services (B2B)) Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
100
- Latest Deal Type
-
M&A
Room (Office Services (B2B)) General Information
Description
Provider of rooms intended to create an office room of peace for people at work. The company provides a modern workplace system through affordable, sustainable, and flexible alternatives that make more room for people at work and also build prefabricated, self-assembled, sound-proofed, ventilated and powered booths, enabling users to make extra room in the budget without compromising quality and provides employees with a place to take a video call or get some uninterrupted time to focus on work.
Contact Information
Website
www.room.com(Operating Subsidiary)
Corporate Office
- 1204 East Sixth Street
- Huntingburg, IN 47542
- United States
Corporate Office
- 1204 East Sixth Street
- Huntingburg, IN 47542
- United States
Room (Office Services (B2B)) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 31-Aug-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 27-Feb-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A2) | 01-Jan-2022 | Completed | Generating Revenue | |||
| 4. Debt - General | 03-May-2021 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 10-Apr-2020 | $12.5M | $14.5M | Completed | Generating Revenue | |
| 1. Seed Round | 15-Aug-2018 | $2M | $2M | Completed | Generating Revenue |
Room (Office Services (B2B)) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2A | ||||||||
| Series A-1A | ||||||||
| Seed-2A | ||||||||
| Seed-1A | ||||||||
| Series A-2 | ||||||||
| Series A-1 | 812,259 | $0.000010 | 8% | $0.66 | $0.66 | 1x | $0.66 | 0.31% |
| Seed 2 | 5,754,948 | $0.000010 | 8% | $0.08 | $0.08 | 1x | $0.08 | 2.17% |
Room (Office Services (B2B)) Patents
Room (Office Services (B2B)) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D880000-S1 | Booth | Active | 08-Jun-2018 | ||
| US-D870319-S1 | Booth interior wall | Active | 08-Jun-2018 | ||
| US-20190119902-A1 | Transportable multi-purpose structure | Inactive | 24-Oct-2017 | ||
| WO-2019084139-A1 | Transportable multi-purpose structure | Inactive | 24-Oct-2017 | E04B1/34321 |
Room (Office Services (B2B)) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Room (Office Services (B2B)) Former Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 10X Capital | Venture Capital | Minority | ||
| 6ixth Event | Venture Capital | Minority | ||
| Anorak Ventures | Venture Capital | Minority | ||
| Aurum Venture Partners | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Room (Office Services (B2B)) Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Styline Diesel Service Center | Huntingburg, IN | 1990 | |
| Styline Transportation | Huntingburg, IN | 1990 |
Room (Office Services (B2B)) FAQs
-
When was Room (Office Services (B2B)) founded?
Room (Office Services (B2B)) was founded in 2017.
-
Where is Room (Office Services (B2B)) headquartered?
Room (Office Services (B2B)) is headquartered in Huntingburg, IN.
-
What is the size of Room (Office Services (B2B))?
Room (Office Services (B2B)) has 100 total employees.
-
What industry is Room (Office Services (B2B)) in?
Room (Office Services (B2B))’s primary industry is Office Services (B2B).
-
Is Room (Office Services (B2B)) a private or public company?
Room (Office Services (B2B)) is a Private company.
-
What is Room (Office Services (B2B))’s current revenue?
The current revenue for Room (Office Services (B2B)) is .
-
How much funding has Room (Office Services (B2B)) raised over time?
Room (Office Services (B2B)) has raised $35.8M.
-
Who are Room (Office Services (B2B))’s investors?
10X Capital, 6ixth Event, Anorak Ventures, Aurum Venture Partners, and are 5 of 21 investors who have invested in Room (Office Services (B2B)).
-
When was Room (Office Services (B2B)) acquired?
Room (Office Services (B2B)) was acquired on 31-Aug-2023.
-
Who acquired Room (Office Services (B2B))?
Room (Office Services (B2B)) was acquired by OFS Brands Holdings.
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