Roomongo

Roomongo

One Site | One Search | One Link... Hotels, rentals, rooms, and more!

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Security Type
Preferred Stock
Categories
Travel
Min Investment
$100
Location
Boulder, CO
Offering Date
January 29, 2021
Expected Close Date
May 16, 2021
Target Raise
$50.00K-$250.00K
Deal Notes

Price per Share: $0.50

Valuation
$5,000,000

Company Description

We created Roomongo back in 2017. We initially began offering customers the ability to book a hotel, but quickly realized we needed to accelerate to our end-goal of offering aggregated lodging,. We also needed MUCH better hotel rates than our competition, and we're in the process of bringing on board some great wholesalers and hotel brands.  

Key Deal Facts

FIRST ROUND! Very early-stage access to Roomongo, via Wefunder.
The Problem: Trip planning is messy, with so many sites and shared links, it's a chaotic process.
Solution: Roomongo's goal is to incorporate hotels, vacation rentals, and rooms into one search.
Build It: Create a trip, add your favorites, invite your friends and collaborate!
One Link: Streamlined trip planning hub, that's easily shared.
Low Rates: Membership is required, and allows for access to below-market rates.
Coming Soon: More suppliers, providing even lower rates and additional options. Think Airbnb and more.
Balance Sheet: Zero long-term debt! Built for growth.

Use of Proceeds

$50,000

  • 7.5% intermediary fee to Wefunder
  • 20% marketing and social media
  • 10% towards corporate (corporate legal, industry and trade legal, insurance, accounting)
  • 50% towards dev/design/API
  • 12.5% towards admin, support, and customer service

$250,000

  • 7.5% intermediary fee to Wefunder
  • 35% marketing and social media
  • 7.5% towards corporate (corporate legal, industry and trade legal, insurance, accounting)
  • 40% towards dev/design/api
  • 10% towards admin, support, and customer service

Deal Notes

Price per Share: $0.50

Amount Raised : $0
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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