Rental prices have increased substantially in major metro areas over the last year, forcing more millennials to share rentals. Yoroomie is a marketplace that aims to connect people looking for a shared rental ("roomies") in order to make the process easier. Users can create a profile, search for potential roomies based on location and interests, and message each other. The founders aim to launch initially in Los Angeles and expand to other major cities. They plan to generate revenue through background checks, verified user accounts, rental transaction fees, and sponsored pins and messages.
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Yoroomie App Deck
1.
2. • Rent in the U.S. has increased by 4.3% in the last year*
• LA Metro 5.3%*
• San Francisco Metro 14.5%*
• Portland Metro 10.8%*
!
• Rent can consume up to 45% of a Millenial’s monthly income
* Zillow
The Problem
Rental prices continue to increase for a population that is
increasing in size and renting for longer; forcing more
people to share rentals.
3. Yoroomie is a marketplace for shared rentals:
• We don’t just focus on the rental/listing
• We’re interested in connecting people with the right roomie
• Roomies can search for roomies with a place or roomies without a place
• Mobile only and focused on the Millennial
Yoroomie To The Rescue
4. The Product
Roomies discover other
roomies where they currently
live or where they’d like to
live. Roomies easily get a
sense of who fits their needs
and who doesn’t.
Roomies with
a place
Roomies without
a place
Locations where
you want to live
Your place
6. The Market
109m
Renters in the U.S.
36m
Millennials are
Renters
Adults that live in
a shared rental
Shared households
in the U.S.
32%
19%
7. How We Will
Reach Roomies
• Facebook
• Twitter
• Retargeting
• SEO
• BuzzFeed
• Local Growth Teams
• Initial focus on LA Metro
• Partnerships with colleges,
universities
• Grassroots program - events
and sponsorships
8. Background Checks
Roomies can request a background
check from a potential roomie. The
fee for the background check is
paid by the new roomie.
Revenue Model
Verified Accounts
For a small fee, Roomies can have
their account “verified” by
maintaining a current background
check with Yoroomie.
9. Revenue Model
Roomie Rent
When rent is due roomies easily transfer payment to their roomie or their landlord.
Yoroomie receives 1% of every transaction paid to landlords.
10. Revenue Model
Sponsored Pins
Partners pay to list apartment
complexes, rentals or other
services.
Sponsored Messages
Partners pay to send targeted
messages to roomies.
11. Our First Two Weeks
1,000
Users…
1,104
Pins…
…created
10,600
Views…
…generated
1,225
Conversations
…Started
12. Safely Connect with Roomies
Hey John, what's up, looking for a
place in Manhattan?
Hey Sam! Doing great, thanks! Just
signed up to this app : that was fast,
already 2 msgs :) Well I will work in
Soho starting Oct. 1st, so I'm aiming at
a 30mins commute (max). I was
originally looking at brooklyn (bedstuy,
williamsburg...), but if there's such a
thing as an affordable room in
Manhattan itself, why not!
Yah I moved here recently also, I
work in Manhattan and am looking
for a roommate for the place I'm
renting, it's a bit pricey, but what is
your price range?
14. Yoroomie Reviews in the App Store
Will use again!
I’ve experienced the difficulty of trying to find and connect with a potential roommate,
but now with Yoroomie, I’m all set with a friend that understands how I live. Great UX.
Will use again and recommend. Made the move from DTLA to Santa Monica possible.
Super Easy!
Met my new roommate through this app! Simple to use and not a lot of fancy controls
which is my preference. I’ve showed this app to some friends who are looking for
roommates, and they are receiving tons of messages as well.
Love this app!!!!
Great approach to be able to chat with real people and find a match. Most apps just
show places and don’t connect me with cool folks. Great job and looking forward to
more updates and features!!!
15. We are Technopreneurs: Former Founders and Developers with a passion to
build scalable tech solutions in our domain expertise. Yoroomie is our big idea.
Mike Williams
CEO/Co-Founder
Ben Collins
CTO/Co-Founder
Marc Precilla
Mobile/Front End
Aure Gimon
Product Design
Our Team
16. What’s Next?
Nationwide LaunchAndroid App SF Launch NYC Launch
SF and NYC
Launch
We are raising
a seed round
Expand the team, iOS
and Android engineer