Fundraising Fox

Roam

Oakland, US · Founded 2017 · 4 known investors

Roam Research is a subscription note-taking tool that organizes notes as a bidirectionally linked knowledge graph.

Also known as Roam Research · Roam Research Inc.

Founders & leadership

Roam was founded in 2017 by Conor White-Sullivan.

CW
Conor White-SullivaninFounder

Investors · 4

Reported raises · per SEC filings

Form D private placements

$11.4M disclosed across 1 round · 2020

$11.4MraisedSep 2020 · 46 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Conor White-SullivanExecutive Officer, Director
Offering amount
$11.4M
Amount sold
$11.4M
First sale
Aug 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Roam Research is a knowledge management and note-taking application built around "networked thought." Rather than filing notes in hierarchical folders, Roam stores content as an outliner-based graph in which pages and individual blocks can be linked to one another; links are bidirectional, so any page automatically displays the references pointing back to it. Core features described in product reviews include daily notes pages, block-level references and embeds, graph visualization of the whole knowledge base, full-database search including linked references, reusable templates and custom shortcuts, page version history, and shared graphs for real-time collaboration.

The product is available as a web application, desktop applications for Mac and Windows, and mobile applications; the Android app has recorded more than 50,000 downloads and continues to receive updates, including font size controls, native-view behavior matching the web app for page brackets and namespaces, and table improvements covering heading columns/rows and column sizing. Roam integrates with Readwise for highlight syncing, Zapier for automation, and browser extensions for web clipping, with desktop apps used for local backups. Reviewers characterize the tool as powerful but demanding, citing a steep learning curve, a primarily web-based architecture with limited offline capability, and mobile clients that are less capable than the desktop experience.

Business model

Roam sells its note-taking application directly to individual users and organizations on a paid subscription basis, with no free tier but a 31-day trial. Tiers include a monthly Pro plan, a discounted annual Pro plan, a multi-year prepaid "Believer" plan, and a custom-priced Enterprise offering with advanced security, SSO, team management and dedicated support.

Recurring subscription revenue: Pro at $15 per month or $165 per year, a $500 five-year Believer plan, and custom-priced Enterprise contracts. One directory estimates annual revenue in the $3-7 million range.

Traction

The Android application reports more than 50,000 downloads and was last updated in April 2026. Directory data places headcount in the 11-50 range and estimated revenue at $3-7 million. Reviewers describe an active user community that shares templates and workflows.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Roam is positioned in the personal knowledge management and networked note-taking category, where reviewers treat it as a reference implementation of bidirectional linking while noting that it is priced above many competing note apps. Directly comparable products include Obsidian, Logseq, RemNote, Craft and Notion; a startup directory ranks it among educational technology and productivity/collaboration companies in the United States.

Automatic bidirectional linking and block-level referencing distinguish Roam from folder-based note apps, letting users reference or embed individual paragraphs across pages and view a graph of all connections; daily notes and an outliner structure with strong keyboard shortcuts support rapid capture. Compared with alternatives, reviewers see it as more powerful for complex linking than Notion but more expensive and less beginner-friendly than Obsidian or Logseq.

Technology

The application is built on a graph database model in which notes are nested blocks that can be referenced and embedded individually. Bidirectional links are created automatically, producing backlink lists and a visual graph of the knowledge base; search spans the entire database including linked references, and page-level version history retains prior states (90 days on the Pro plan.) Delivery is primarily via a web application, with Mac and Windows desktop clients that cache some data locally and native mobile clients.

Go-to-market

Self-serve product-led distribution: prospective users start a 31-day free trial of the Pro plan through the website or app stores and convert to monthly, annual or multi-year subscriptions, while larger organizations are served through a custom-priced Enterprise tier. Third-party integrations (Readwise, Zapier, browser extensions) and a community of users publishing templates and tutorials support adoption.

Researchers, academics, writers and authors, students, and knowledge workers who manage complex, interconnected information, plus teams collaborating on shared knowledge graphs and enterprise buyers requiring SSO and security controls.

Geography

The company is associated with Oakland, California (a business address of 4100 Redwood Road, Oakland, per an SEC Form D filing) and with San Francisco in directory descriptions; a US address in Leeds, Utah is listed for Roam Research Inc. as the app developer. The product is distributed globally as a web, desktop and mobile application.

History

Directory records place the company's founding in 2017 under founder and CEO Conor White-Sullivan, with a seed round dated January 2020 and a further round dated September 2020 reported by a startup directory. Public interest built through 2019-2020 via demo videos and reviews of the product, and the company has since shipped desktop and mobile clients alongside the web app, with continued releases into 2026.

Risks & controversies

Reviewers identify product and market risks rather than governance issues: a steep learning curve that can deter mainstream note-takers, pricing at the high end of the category with no free plan, a web-first architecture that limits offline use and can feel slower than native apps, mobile clients weaker than desktop, and an open-ended structure that can lead to over-complicated setups. The category is crowded with lower-cost or free alternatives such as Obsidian and Logseq.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Android app downloadsApr 202650,000 downloads
Believer plan price (5 years)Jan 2025$500
Employees (estimated range)Aug 202611-50
Estimated annual revenueAug 2026$3M-$7M (estimated range)
Free trial lengthJan 202531 days
Pro plan price (annual)Jan 2025$165
Pro plan price (monthly)Jan 2025$15

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Apr 2026
Android app update adds font size control and table improvements

Roam Research's Android application was updated with font size controls, native view following web app settings for page brackets and namespaces, a fix for native view search keyboard swipe with Gboard, and tables showing heading columns/rows and respecting column sizing.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Roam do?
Roam Research is a subscription note-taking tool that organizes notes as a bidirectionally linked knowledge graph.
Who founded Roam?
Roam was founded by Conor White-Sullivan in 2017.
Who are Roam's investors?
Roam's investors include Chapter One, Metaplanet, Vibe Capital, Balaji Srinivasan.
How much funding has Roam raised?
Roam has disclosed $11.4M raised across 1 round.
Where is Roam headquartered?
Roam is headquartered in Oakland, US.