Roombus

Roombus

We're using technology and human-centered design to create the future of housing

Print
Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Irvine, CA
Offering Date
December 29, 2020
Expected Close Date
April 22, 2021
Target Raise
$100.00K-$1.07M
Deal Notes

Discount: 10%

Company Description

We build beautiful, intelligent and affordable homes in a factory. Our first product is a Smart House is called Nest.We want to set the pace and lead the smart housing market. This means continually imagining the future of housing and constantly executing on our vision.

In 5 years, we believe that smart home automation will be a must-have for single and multi-family dwellings. Most housing developers do not have capacity to build and manage their own automation software. We plan to scale our home automation system (RoomOS) for licensing as a subscription service to real estate developers across the world. These projections are not guaranteed.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $250+ for Get digital high-fives!
$500+ Get $500 off your first Roombus Smart home
$1,000+ Get $1,000 off your first Roombus Smart home
$5,000+ Get a 5% off your first Roombus Smart home
$10,000+ Get a 10% off your first Roombus Smart home
Invest $250+ for Get digital high-fives!
$500+ Get $500 off your first Roombus Smart home
$1,000+ Get $1,000 off your first Roombus Smart home
$5,000+ Get a 5% off your first Roombus Smart home
$10,000+ Get a 10% off your first Roombus Smart home

Key Deal Facts

$10m+ in potential revenue from 200 purchase requests and pre-orders ?
Highly experienced leadership team with multiple successful businesses and exits
Desirable product with established market fit. People absolutely LOVE our smart houses! ❤️
Disaster-proof smart house that survives storms and performs exceptionally well from coast to coast
Potential for substantial ARR from our upcoming subscription model. ✨?
A multi-model business that caters to home buyers, renters and various hybrid models in-between
Potential future play in renewable energy with our High-Density Energy Storage batteries

Use of Proceeds

$100,000 

  • 92.5% towards production unit
  • 7.5% towards Wefunder

$1,070,000 

  • 38% towards assembly factory
  • 28% towards payroll
  • 13.5% towards engineering
  • 13% towards sales and marketing
  • 7.5% towards Wefunder

Management Team / Advisory Board Bios

Dami Jegede
CEO
Software engineer with over 18 years experience. Founder, Swipe (SaaS) powering the banking/fintech sector and processing over USD $4 Billion in transactions annually.

Adrian Ferraretto
Advisor
Leader in renewable energy with multiple exits. Previously: Founder, Solar Shop Australia — Largest Solar Installer in Australia (exit 2012). Founder, Tindo Solar — Australia’s only solar panel manufacturer till date (exit 2017). Currently 3Quotes.

Peter O’Toole
Advisor
Peter’s extensive experience in Payments, Technology and Financial Services was gained over a twenty-five year career in leadership and executive roles at First Data Corporation, Barclays Bank and MW Marshall.

Tayo Ajegbile
Architect
M.Arch. with 5 years industrial experience designing both commercial and high-end residential buildings. Super-passionate about designing homes of the future, with strong emphasis on human-centered design, psychology, and wellness.

Deal Notes

Discount: 10%

Amount Raised : $0
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments