In the long term, the company has visions of taking on three trillion-dollar industries at once: hospitality, residential management and real estate.<\/p>\n

\u201cGuests will stay at a Roami, and have their most memorable vacation. Then, they will return home to their apartment, which Roami also manages. Imagine, for a moment, if The Standard was not just your go-to choice for travel, but also your landlord,\u201d King-Geovani dreams out loud. \u201cTraditional residential management has been largely unchanged the last few decades, and renters want more flexibility, mobility and, most importantly, human connection. And finally, we\u2019ll begin purchasing our most profitable properties, giving us total creative control and even better margins.\u201d<\/span><\/p>\n

The company claims it received multiple term sheets and ultimately decided to partner with Vigo Capital, a Miami-based VC firm that invests exclusively in hospitality and multi-family throughout the U.S. and Europe. The company also added <\/span>Joe Fraiman (the former co-founder of Lyric) and Jordan Allen (the former founder and CEO of Stay Alfred) to its advisory board.\u00a0<\/span><\/p>\n

\u201cWe\u2019re proud to support Roami as they reimagine the way the world lives, works, and travels\u201d said Kirill Vinogradov at Vigo Capital in a statement provided by Roami. \u201cThe company\u2019s consistent growth since 2020 despite volatile external conditions proves that they truly understand how to satisfy the needs of the modern Roamer and we\u2019re looking forward to seeing their continued growth and expansion.\u201d<\/p>\n

In the long run, Roami is doubling down on the importance of human connection \u2014 interestingly, also the starting point for Airbnb, back in the mists of time before it became a commercialized platform.<\/p>\n

\u201cWhen you first start a company, success is important to you for an obvious reason: It\u2019s your livelihood. As you begin to grow, that balance shifts to the welfare and livelihood of your co-workers and partners, and their families,\u201d King-Geovanis says. \u201cRoami has over 250 co-workers, vendors, and landlords who rely on our success. In our current stage, where we\u2019ve reached relative stability, that reason is now gravitating towards our mission: inspire human connection.\u201d<\/p>\n<\/p><\/div>\n

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