It’s been an exciting year, and we have some exciting news to share.
From our small beginnings in 2018, with a single home with four roommates in Kansas City, to a community of 1,000+ roommates in 31 cities as we close out the year; we are continuously humbled, grateful for and emboldened by the ways HomeRoom is growing. This year has been monumental in growing and learning with our homeowners and our renters. We grew our portfolio of roommate living homes by 500%, and our number of roommates by 300%.
We launched our first-ever marketing programs, onboarded more houses than we ever thought possible, added integral members to the HomeRoom team, all made possible by doubling down on our mission: a more accessible real estate investing market and more quality affordable housing across the U.S
And today, we’re thrilled to share some very exciting news. HomeRoom was accepted into Y Combinator’s W22 batch, and closed a $1M pre-seed round, with funding from Y Combinator, The Uplift Syndicate and The HO0 Fund.
Being a part of Y Combinator, even at this very early stage, has already improved our team efficiency and execution, helping us focus on the right things to solve the right problems. Our YC advisors, Michael Seibel and Brad Flora and Divya Bhat, have been bold, steady forces during the process, and we’re honored to have the backing and guidance of some of the most influential minds in tech as we continue to build HomeRoom.
2021 was a remarkable year for our product, our leadership, our team, every single investor and every single tenant. We’re ending the year more committed than ever to our mission. Let’s go 2022, we can’t wait.
-Johnny and the HomeRoom team