RoomMatch Pitch Deck (Seed Funding)
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RoomMatch is an online roommate and apartment search site. We are an alternative solution to the conventional apartment search. RoomMatch brings people together based on mutual friends and interests, which we gather from Facebook, and give users a basis for finding a great apartment with a great roommate...or roommates! RoomMatch is an Austin, Texas based startup and was created by co-founders Elliott Counts and Uday Adhikari. It is our belief that, by turning the conventional apartment search method on its head with RoomMatch, people will finally have an opportunity to "live without compromise."
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hopefully leading to investment. What are the key elements investors are looking in your pitch deck? Here is the answer
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RoomMatch Pitch Deck (Seed Funding)
- 1. Airbnb meets ApartmentList Elliott Counts | CEO @ebcounts
- 3. Problem Limited supply of studios/1 bedrooms have caused a spike in price. Apartment construction is slow and can’t keep up with demand. No solution for finding roommates prior to finding an apartment. The national apartment vacancy rate fell 0.1 percentage point to 4.2%, the lowest it’s been since 2001. Half of all U.S. renters today pay more than 30 percent of their incomes on rent.
- 4. Solution An online community that helps renters… CONNECT with other renters RENT larger apartments SAVE money by sharing
- 5. How It Works With & Daniel $1475 / month or $1300 • No Sink or Stove The Tenderloin $1250 • Bunk beds The Tenderloin
- 6. How It Works With Jessica $1450 + Daniel $1475 + Karen $1500 or $4350 Stainless steel appliances Patio • Recently renovated $4400 Hardwood • High Ceilings Inner Richmond
- 7. Market Size 94M+ $11B+ renters nationally 2.5M+ in annual apartment advertising apartments leased annually Source: National Multifamily Housing Council, Zillow™
- 8. Product Find your next apartment…
- 9. Product …or your next roommate.
- 10. Business Model We take 30% fee from the property owner/manager & reward $120 to the users that lease. 2.5M+ apartments leased annually $280 $700M Total Addressable Market Avg Fee Gross Revenue Source: The U.S. Census Bureau
- 12. Strategic Partnerships RoomMate Features Apartment Features