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ROOM Technology Ventures company logo
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Travel
connectwithroom.com

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Founded Year

2017

Stage

Biz Plan Competition | Alive

Total Raised

$460K

Last Raised

$30K | 3 yrs ago

About ROOM Technology Ventures

ROOM Technology Ventures is a curated and managed collection of U.S. independent budget hotel rooms, offers hotel accommodation to millennial travelers through major travel platforms.

ROOM Technology Ventures Headquarter Location

2370 Market Street Suite 103

San Francisco, California, 94114,

United States

Latest ROOM Technology Ventures News

ROOM Technology Ventures Wins Voyager HQ's 1st Travel Pitch Competition in San Francisco

Oct 30, 2018

Hospitality Startup to Offer Curated & Managed Budget Hotel Rooms on Airbnb, Expedia News provided by Share this article SAN FRANCISCO, Oct. 30, 2018 /PRNewswire/ -- ROOM, a curated and managed collection of U.S. independent budget hotel rooms, recently won Voyager HQ's 1st Travel Pitch Competition in San Francisco. ROOM was awarded $30k in prizes by an expert panel including JetBlue Ventures, Plug n Play, and Zendesk. The company plans to offer ROOMs on major travel marketplaces including Airbnb and Expedia. ROOM Founder and Chairman Mitch Presnick said: "We're focused on the challenge of the underperforming U.S. independent budget hotel sector. It comprises one-third of all U.S. hotel inventory and offers great rates, yet budget-minded millennial travelers rarely stay because the user experience is so outdated and unpredictable. "  Presnick previously founded Super 8 Hotels (China), which operates over 1100 budget hotel properties in China under master license granted by Wyndham Hotels and Resorts. Named "One of the 33 Most Influential People in Global Travel" by TravelWeekly, Presnick added: "In the age of Uber & Airbnb, it's surprising this imbalance still exists. For example, why do we still use front desks or fixed check in / check out times? ROOM will rejuvenate the independent hotel experience, for the benefit of owners and millenial guests everywhere." About ROOM Technology Ventures ROOM Technology Ventures, a curated and managed collection of U.S. independent budget hotel rooms, offers hotel accommodation to millennial travelers through major travel platforms. ROOM is elevating the independent hotel experience with an evolutionary vision. For more information, visit  www.connectwithroom.com . Contact:  Sean Andrews, CCO

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Expert Collections containing ROOM Technology Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ROOM Technology Ventures is included in 2 Expert Collections, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,064 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

H

Hotel Tech

342 items

Tech-enabled companies offering services and products focused on hotels. This collection includes hotel booking services, virtual concierge solutions, staff management and products for connected rooms, among others.

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