roommatch pitch deck (seed funding)
DESCRIPTION
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."TRANSCRIPT
Elliott Counts | CEO
Airbnb meets ApartmentList
@ebcounts
Elliott Counts
!CEO/Product
Mike Holp
!Mobile
!
Calvin Bench
!Design
The Team
Dude!Where’s!My Car Designs
Mike Whitfield
!Web/Data
fisoc
Uday Adhikari
!Lead Dev
Limited supply of studios/1 bedrooms have caused a spike in price.
Apartment construction is slow and can’t keep up with demand.
Problem
No solution for finding roommates prior to finding an apartment.
Half of all U.S. renters today pay more than 30 percent of their incomes on rent.
The national apartment vacancy rate fell 0.1 percentage point to 4.2%, the lowest it’s been since 2001.
SAVE money by sharing
An online community that helps renters…
CONNECT with other renters
RENT larger apartments
Solution
How It Works
Daniel $1475 / month
With &
or
$1300 • No Sink or Stove The Tenderloin
$1250 • Bunk beds The Tenderloin
How It Works
Jessica $1450
Daniel $1475
Karen $1500
$4350Stainless steel appliances Patio • Recently renovated
With
+ +
$4400Hardwood • High Ceilings
Inner Richmond
or
$4350
Market Size
Source: National Multifamily Housing Council, Zillow™
94M+ renters nationally
2.5M+ apartments leased
annually
$11B+ in annual apartment
advertising
Product
Find your next apartment…
Product
…or your next roommate.
Business Model
$700M
Total Addressable Market
We take 30% fee from the property owner/manager & reward $120 to the users that lease.
$280
Avg Fee Gross Revenue
2.5M+ apartments
leased annually
Source: The U.S. Census Bureau
CompetitionRo
omm
ates
Apar
tmen
ts
Strategic Partnerships
RoomMate Features
Apartment Features