Alternative accommodation platform Roamr has secured an additional $2.3 million in funding as it ‘scales its mission’ to disrupt corporate travel.
The platform claims to save companies up to 30 per cent on accommodation costs by incentivising employees to stay with friends or colleagues instead of in hotels, and enables travellers and hosts to pocket a share of the savings.
The new funding was led by a group of repeat investors who pre-empted Roamr’s plans to seek funding later in the year, having first invested seed capital of around €600,000 in late 2024. They include former Meta Ireland managing director Rick Kelley, Quintas Capital chairman John Riordan, KPMG partner Eoghan Quigley, and angel investor Mike Halpin, in addition to several new investors from the realms of travel, the future of work, and SaaS.
Roamr said in a statement that “early traction… sparked interest in taking the next step sooner than planned”. It continued: “Our original plan was to raise in late 2025, but momentum from existing investors, usage across 100-plus countries, and pilots with global teams fast-tracked that timeline.”
The company takes corporates’ accommodation budgets and divides them three
ways when an employee books accommodation at a friend or colleague's home on the Roamr platform: 30 per cent goes to the host, 30 per cent to the guest,
and another 30 per cent is returned in savings to the company.
Roamr did not disclose to BTN Europe the number of organisations or individuals it is already serving, but noted that a public US company is currently conducting a pilot programme with Roamr.
Founded by Stephen Dooley and Jason O’Gorman, the Irish start-up now plans to expand its presence in the US, invest in mobile-first product experiences, and deepen partnerships with ‘future of work’ players like Deel, Remote, Oyster and Remofirst.