-51%

est. 2Y upside i

FinTechVertical SaaSSeries A

Roam is your trusted partner for affordable home ownership. They help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

Rank

#598

Sector

Fintech, Real Estate Technology

Est. Liquidity

~3Y

Data Quality

Data: Medium

Roam is a fast-growing Series A company in the proptech sector, leveraging a unique value proposition in assumable mortgages.

Last updated: March 10, 2026

Bull (35%)+300%

Roam rapidly expands its market share through strategic partnerships like Opendoor and broadens its product offerings, driving revenue to $25M+ by 2028. This strong performance justifies a $600M+ valuation, attracting a successful Series B or C round.

Base (30%)+100%

Roam maintains its strong position in the niche assumable mortgage market, growing revenue to $10M-$15M by 2028. This steady growth leads to an acquisition or next funding round at a $250M-$350M valuation.

Bear (35%)-75%

Increased competition from incumbents or regulatory changes stifle Roam's growth, leading to slower adoption and revenue stagnation. A challenging market results in a down round or distressed sale at a valuation of $30M-$40M, significantly impacting common stock value.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Investors hold $16M in liquidation preferences ahead of common shareholders. In an exit at the current $150M estimated valuation, common shareholders would only see returns after the $16M preference is paid out, or if the valuation significantly exceeds the preference.

Dilution Risk

high

As a Series A company with $5M in revenue, Roam will almost certainly need more funding rounds (Series B, C, etc.) to reach profitability or an exit, leading to further dilution for early employees.

Secondary Liquidity

none

There is no active secondary market for shares at this early stage of the company's lifecycle.

Operations 2 roles

Marketing 1 role

View all 3 open roles at Roam

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Roam's data — designed to show you've done your homework.

  • 1

    Given the potential for large incumbents like Zillow or Rocket Mortgage to integrate assumable mortgage features, how does Roam plan to maintain its competitive differentiation and market leadership?

  • 2

    With an estimated $5M in revenue derived from a 1% service fee on facilitated sales, what are Roam's strategies for scaling revenue beyond transaction fees, or increasing the take rate, to achieve sustainable profitability?

  • 3

    As a Series A company, what is the anticipated timeline for future funding rounds and a potential liquidity event, and how does the company plan to manage employee dilution?

Community

Valuation Sentiment

Our model estimates -51% upside. What do you think?

Anonymous. Do not share material non-public information.


Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.