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SoulRooms
SoulRooms
soulrooms.com

Locations

Toronto, ON, Canada

Size

11-50 employees

founded in

2019

SoulRooms enables landlords to rent entire units as rooms for better returns. Since launching in June 2019, we have consistently had &g;20% Month Over Month Growth and recently surpassed $1M in ARR GMV Our marketplace simplifies room renting for modern renters by providing a combination of extraordinary convenience, in budget housing option, and a trusted channel while enabling property owners to make the most out of their investment properties Over 80MM people in North America live with unrelated adults in shared housing and this number is growing by 16% every year for the last decade. As the rents continue to surpass wages in most of the cities, people increasingly cannot afford to rent entire units and the shared/room renting (right ticket size housing option) process is broken. SoulRooms generates over 1000 requests every month and is trusted by some of the largest landlords in the city. Some other key highlights include: • Achieved a 7 figure run rate within 12 months of launching the platform • Acquired over 200 residents from 35+ countries in 15 months of operations • Preferred housing partners for RBC ventures Arrive app • Great founder market fit and award-winning tech team • Sustained, 30% month over month sales growth in Q1 of 2021 despite the pandemic

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