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ROOM announces $12.5m Series A

ROOM, the startup reshaping the modern workspace, today announces the upcoming expansion of its product portfolio with a suite of new modular architectural solutions designed to meet crucial demand for adaptability and flexibility in the office.

To fuel ROOM’s expansion, the company recently closed a $12.5 million Series A round led by Slow Ventures, a Silicon Valley venture capital firm with investments in Airtable, Pinterest, Allbirds, and Slack. SJF Ventures, Lerer Hippeau, and FJ Labs participated in the round alongside world-renowned architect Bjarke Ingels, founder and creative partner of Bjarke Ingels Group (BIG), and notable angel investors.

Reeling from the impact of COVID, offices are scrambling to find solutions that accommodate virtual collaboration, enforce social distancing, and allow for quick configurability as the needs of employees change quickly.

ROOM’s new products provide modular spaces that are purpose-built for focused work and collaboration. The new portfolio is priced to be a fraction of the cost of construction, flexible to any environment, and easy to assemble and disassemble as company and employee needs change alongside the global health crisis.

ROOM will further introduce density sensors into its product suite, opening the door to data-driven floor plans that empower employers to make their workspaces as productive and efficient as possible.

ROOM co-founder and CEO, Brian Chen said, “Fundamental changes to how we think about work are afoot, and at ROOM, we’ve always believed in a future that’s flexible. Our adaptive vision is perfectly suited to this moment in history, and will give businesses the tools they need to create an agile, productive, and inspiring work environment for all.”

“The needs of modern workers have dramatically shifted due to the pandemic,” added Kevin Colleran, Managing Director at Slow Ventures.

“The team at ROOM is helping companies define their strategies for returning to work, and the ROOM brand is becoming synonymous with how to create innovative, safe, productive work environments. We believe ROOM’s vision for adaptive architecture has the potential to completely revolutionize the commercial real estate industry as we know it.”

“Access to better architecture should be easier for all and I see ROOM as a great democratising tool that can help pave the way for people to adapt more flexibly to their workspaces. I am excited to invest in ROOM and join the advisory board,” says BIG Founder Bjarke Ingels, whose projects include LEGO House in Denmark, Google’s Mountain View and London Headquarters, and VIA 57 West in New York.

ROOM was founded by Brian Chen and Morten Meisner-Jensen in May 2018 and is currently based in New York City with showrooms around the world in San Francisco, Los Angeles, Copenhagen, Berlin, Paris, and London.