What they do: Hotels routinely overbook to make up for no-shows and cancellations, meaning that they will sometimes have to place an overbooked guest to another hotel, a process done by phone that can take over an hour. Roomstorm creates a digital marketplace for hotels to buy and sell rooms, reducing the time it takes to place a guest from hours to just minutes.
Why it's a big deal: An empty room is a loss for a hotel, so filling that room as soon as possible is a hotel’s number one priority. Roomstorm helps hotels fill those empty rooms, makes finding rooms for overbooked hotels quick and painless and helps guests get settled faster. During city-wide sellouts, such as during a baseball game, the Roomstorm marketplace regularly still has rooms available when everyone else does not. This creates a premium market for high-demand rooms during peak times and helps hotels keep these rooms filled during those times.
50% growth month/month since February
Nearly 50% of all Bay Area hotels are paying customers
Customers include: Hyatt, Hilton, Four Seasons, Marriot...
Seed funded 1500+ startups (including AirBnB) with total valuation over $85 billion. 70 startups valued over $100m.
Fueling your fast growth
Managing Director Accenture in the Finanical Services Practice (18-years). Also an angel investor in and adviser to over 35 start-ups.
Private Equity & Seed Investor • VP TSCP • Worked Bodley Group Goldman Sachs IBD • Studied Stanford BA/MA/Football Wharton MBA
We're Y Combinator Alumni and the co-founders of Equidate. We have invested in Zenefits, Coin, sendwithus, Navdy, Caarbon, Naytev, Beep, WalkSource
VC Firm · Seed Fund · Private Equity
180 startups have raised $56,813,297 on Wefunder
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 102 startups
Wefunder Advisors LLC
for 84 startups
for 1 startup
We are the largest funding portal for Regulation Crowdfunding.
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 153,063 investors who funded 180 startups with over $56.5 million1
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Reg Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Reg A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
You may also view our Privacy Notice.