Roomonitor develops Internet-of-Things solutions to improve management of tourist apartments, offering sensor systems that detect excessive noise and devices that switch off air conditioning when apartments are empty. The company was founded in 2016 by brothers Eduardo and Ignacio Suárez and is based in Barcelona. It currently has two products on the market and reports 1,700 apartment clients, about 1,000 of which are in Barcelona and the rest across 16 other cities. Roomonitor employs 25 people. The company plans to use new funding to reinforce international expansion and to develop new products, signaling a focus on scaling operations and product development in the short-term rental market.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2017