Overfunding: French Home Sharing App Whoomies Quickly Surpasses €300,000 Funding Target on Seedrs

Whoomies, a France-based home-sharing mobile app, has quickly surpassed its initial €300,000 equity crowdfunding target on Seedrs.

Founded in 2017, Whoomies explained that it is focused on delivering digital tools to improve the shared living experience on both tenants and real estate owners. The company claims its mobile app is the first mobile app to help users match with their perfect roommate while allowing them to deal with their ideal accommodations.

Whoomates, our B2B solution (live in June 2019), is empowering co-living & student accommodations by automating their room allocation processes. Our customized smart-matching algorithm and resident application forms are time savers and create unique opportunities to grow both revenues and resident satisfaction through big data analysis.”

Whoomies also noted that it aims to shape the shared housing market thanks to our full-circle and tenant-driven approach.

“By including access to housing-related services inside Whoomies App by end-2019, we aim to cover all aspects of room hunting.”

Funds from the Seedrs round will be used for the following:

1) Product improvement and monetization.

Whoomies App [V2 & V3 Launch + Web-based platform]:

  • Improved User Experience.
  • New tech components (AI, new chatbot, video).
  • Enhanced room applications (application form assistance…)
  • In-app services.

Whoomies noted it is looking to further improve our user experience in 2019 by going deeper into the searching and move-in processes while focusing on monetization.

Whoomates [V1 Development & Launch]: The company is also looking to fully automate our room allocation process while creating a data-management dashboard for residence managers.

2) Team expansion.

Key Recruitments (2-4 full-time):

  • Grow its tech development resources.
  • Scale up its business development efforts.

3) Customer Acquisition.

Whoomies noted it has been successful at customer acquisition since the very beginning of its journey by doing the following:

  • Keep on using communication and acquisition tools as a leverage for expansion and revenue.
  • Expanding to the entire UK & launch trials in new highly targeted markets.

The funding round is set to close in September.


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