Roomer operates an online marketplace that lets users sell unwanted hotel reservations at a discount rather than paying cancellation fees. It integrates with hotels and travel agencies so cancelled-booking customers are routed to Roomer to list rooms; the service handles marketing, reservation transfers, and payments after customers forward their confirmation emails. Users pay nothing to list and Roomer takes a 15% commission on each sale; the company reports an average buyer discount of 37% and says hotels save on average $10.49 when cancellations are routed to Roomer. Roomer cites a U.S. market opportunity of 81 million hotel-room cancellations annually. The startup raised $5 million in a Series A led by Disruptive to scale and address its biggest challenge: building supply and demand and growing awareness. Founder Gon Ben-David said some of the funding will go toward those growth efforts and the company is monitoring for potential misuse such as people attempting to reserve multiple rooms to turn a profit.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2014