Rooster, Inc.

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Rooster, Inc. - overview

Established

2014

Location

Albany, NY, US

Primary Industry

Internet

About

Rooster, Inc. is a community-focused platform that enables users to share and borrow goods and services locally, fostering a network of mutual assistance and resource sharing among neighbors. Founded in 2014 by Hans Homberger in Albany, US, Rooster, Inc. operates a platform that allows individuals to borrow items from one another.


The company has raised a total of USD 1. 2 mn through funding, with its most recent deal being a VENTURE DEBT financing round of USD 0. 1 mn from Portland Seed Fund on January 27, 2016. Rooster, Inc.


operates a community-oriented platform that facilitates the sharing and borrowing of goods and services among its users, referred to as "Roosters. " Users can request items like camping gear or furniture from neighbors, promoting resource sharing. The platform is available in various urban and suburban markets across the United States, fostering localized interactions among families, outdoor enthusiasts, and community members. The company generates revenue through a subscription model, allowing members to access premium features on the platform, enhancing their borrowing and lending experiences.


Transactions occur directly between users, with various pricing plans catering to different service levels, such as basic access and enhanced options. This structure encourages recurring interactions and builds a sense of community among users. In January 2016, Rooster, Inc. received USD 0.


1 million of VENTURE DEBT financing from Portland Seed Fund to support its growth efforts. The company plans to expand its service offerings and explore new geographic markets, although specific details on upcoming products and targeted regions have yet to be disclosed.


Current Investors

NFX, Kima Ventures, Pear VC

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.therooster.co

Company Stage

Angel & Seed

Total Amount Raised

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