HomeRoom

What HomeRoom does

HomeRoom, operating in the market as Bungalow (legal entity Bungalow Living, Inc.), is a U.S. residential real estate marketplace and property management company. The platform serves two primary renter segments — solo renters seeking shared homes with roommate matching, and groups or families seeking entire homes — and offers flexible lease terms ranging from 4 to 24 months with move-in/move-out on any day of the month. The company also addresses a supply-side audience of homeowners and a secondary audience of real estate investors through its Bungalow RADAR product.

The technology stack centers on a web platform and mobile application that digitize the full rental lifecycle: property search, tour booking (agent-led, self-guided, or virtual), lease signing, in-app rent payment and per-room split settlement, and maintenance requests supported by 24/7 phone support. Differentiated product features include the trademarked Meet & Greet™ roommate pre-screening, fully furnished shared homes with utilities and Wi-Fi pre-configured, and credit-building via a partnership with Esusu and reduced-deposit/cosigner alternatives via a partnership with theGuarantors. The company also exposes a Fieldstone API at fieldstone.bungalow.com, suggesting internal tooling is being externalized.

The business model combines managed-services revenue from property management fees and brokerage activity (operated through wholly owned subsidiaries Bungalow Living Property Management, Inc. and Bungalow Living Brokerage, Inc.) across 20+ U.S. cities with monthly subscription-style billing on leases. Multi-state real estate licensing (California, Colorado, Illinois, New York) and a corporate headquarters in Miami (215 NW 24th Street, Suite 700) anchor a vertically integrated operating model. The company is privately held, Y Combinator-backed, with 11-50 employees and total disclosed funding of approximately $1.85M across 2019 and 2022 rounds.

Name

HomeRoom

Legal name

Bungalow Living, Inc.

Website

https://livehomeroom.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

HomeRoom (operating as Bungalow) is a U.S. residential real estate marketplace and property manager offering flexible shared-home and entire-home rentals across 20+ cities, serving solo renters, groups, and families with a digital lease, payment, and maintenance platform.

Ownership category

akta.pro rank

Product category

Residential Rentals & Property Management

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Student Housing Roommate Matching, Assignments & Occupancy Management (BPAJAJAJ)

Keywords

• Residential rentals
• Room rentals
• Roommate matching
• Shared housing
• Flexible leases

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Property Rental Revenue: Revenue generated through property management fees and rental income from managed properties. The company operates as both a property manager and real estate broker, handling shared homes and entire home rentals across 20+ cities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

HomeRoom (DBA Bungalow) operates a residential rental platform that leases fully-furnished shared homes and entire homes to renters across 20+ U.S. cities. The company serves as both property manager and real estate broker, providing end-to-end digital rental services including property search, agent-led/self-guided/virtual tours, lease signing, in-app rent payments, and 24/7 maintenance support, with flexible lease terms from 4 to 24 months.

Product overview

Bungalow is a room and home rental platform offering two core product lines: Shared Homes for solo renters seeking roommate-matched living arrangements, and Entire Homes for those wanting private accommodations. The platform provides end-to-end rental management including maintenance requests, rent payments via mobile app, and flexible lease terms ranging from 4 to 24 months. The Shared Homes product includes amenities (furniture, Wi-Fi, utilities), roommate matching via Meet & Greet, and credit-building partnerships with Esusu and theGuarantors.

Differentiator

Problem solved

Functional benefit

Products and services

• Shared Homes Furnished shared rental homes where solo renters can lease a private room and are matched with vetted roommates via the Meet & Greet™ feature. Includes common-area furniture, smart TV, Wi-Fi, and utilities set up before move-in. Each resident pays their own rent share through the mobile app, eliminating Venmo-style coordination. Available on flexible 4-to-24-month leases.
• Entire Homes Full private home rentals for individuals, families, or groups who want complete privacy. Available on flexible 4-to-24-month leases with move-in/out on any day of the month, and includes the same end-to-end digital rental management (tour booking, lease signing, in-app payments, 24/7 maintenance).
• Bungalow RADAR (Investor Offering) An investor-facing offering through the Bungalow brand that surfaces real estate investment opportunities, allowing investors to acquire rental properties in markets where HomeRoom operates. Targeted at buyers seeking access to curated residential investment assets.
• Homeowner Property Management Services Property management services for homeowners who list their homes on the platform, delivered through the wholly-owned subsidiary Bungalow Living Property Management, Inc. Covers tenant sourcing, leasing, and maintenance operations.

Quantifiable outcome

• Lease signing in as little as 24 hours
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• EsusucoreStrategic or Co-development PartnerPartnership with Esusu allows residents to report on-time rent payments directly to credit bureaus, helping residents establish and grow credit scores through existing rent payments.
• theGuarantorscoreStrategic or Co-development PartnerPartnership offers residents an alternative to traditional cash security deposits and cosigners, providing a solution for those short on funds to secure housing without large upfront costs.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Landing: Landing offers flexible, fully furnished apartment rentals on 30+ day leases nationwide. Comparable to HomeRoom's Entire Homes product on flexibility and all-in move-in, though Landing focuses on individual apartments vs. HomeRoom's home-level inventory.
• PadSplit: PadSplit operates single-family coliving rentals, matching solo renters to rooms within shared houses with all-bills-inclusive pricing. Closest direct comparable to HomeRoom's room-by-room, affordable model targeting workforce renters without cosigners.
• Blueground: Blueground leases and manages furnished apartments on flexible terms across major U.S. cities and globally. Comparable furnished-rentals model with monthly billing and digital-first tenant experience.
• Ollie: Ollie offers all-inclusive coliving in furnished shared apartments with flexible leases and community amenities. Direct competitor in the modern, tech-enabled shared-rental segment.
• Quarters: Quarters provides fully furnished shared apartments with curated community programming in major U.S. cities. Overlaps with HomeRoom on furnished shared living, flexible leases, and digital-first tenant experience.
• Common (Common Living): Common operates purpose-built coliving buildings with furnished private bedrooms, shared common areas, and flexible leases — directly comparable to HomeRoom's Shared Homes product. Both target urban professionals seeking community-oriented rental alternatives with streamlined move-in.

Emerging players

• Roofstock: Roofstock operates a marketplace for single-family rental investment, paralleling HomeRoom's Bungalow RADAR investor product. Comparable on the investor-facing side, though Roofstock does not operate the underlying rental experience.
• Tripalink: Tripalink provides co-living and traditional apartments near major universities, targeting students and young professionals. Overlaps with HomeRoom's shared-living model in tier-1 university markets.

Broad incumbents

• Zillow: Zillow operates the dominant U.S. residential real estate marketplace, listing rentals alongside sales. While not a coliving operator, Zillow is the default discovery channel where many of HomeRoom's prospective renters begin their search.
• Apartments.com (CoStar): Apartments.com is the largest U.S. rental listing marketplace, owned by CoStar. Functions as upstream demand-generation and competitive comparison set for any managed-rentals operator including HomeRoom.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/livehomeroom
• Facebookfacebook.com/livebungalow
• Instagraminstagram.com/livebungalow

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HomeRoom