Deal Announcements

Rooam Raises Seed Venture Capital

Thursday, April 28, 2016 5:40:00 AM PDT | VentureDeal

Washington, DC  --  Payment app Rooam is landed $1.2 million in seed stage venture capital funding.

Rooam has created a nightlife app that enables users to pay for drinks, find out about local events and locate friends at clubs, bars and restaurants.

Investors in the financing were not disclosed.

The company said it would use the funding to finalize development of its mobile app and support its product launch and sales and marketing efforts.

CEO Junaid Shams co-founded the firm in November 2014.

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