Fundraising FoxRooam
Washington, US · Founded 2015 · Delaware corporation
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Rooam offers contactless payment products for hospitality businesses, letting guests open and close tabs and pay checks via a mobile web experience without extra hardware. Its products integrate directly with existing POS systems and support Apple Pay and Google Pay for bars, restaurants, venues, events, and sports settings.
Founders & leadership
Rooam was founded in 2015 by Junaid Shams.
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Junaid ShamsFounderJunaid Shams is Chief Operating Officer of Global Dining at American Express, overseeing Resy, Tock, and Rooam, which he co-founded and served as CEO before the company's acquisition by American Express in 2024. He holds a medical degree and previously founded Rooam to provide contactless payment solutions for hospitality venues.
Board
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Ibrahem AlhaidariBoard director
Reported raises · per SEC filings
Form D private placements$500K disclosed across 1 round · 2016
▶$500KraisedMay 2016 · 3 investors · OtherRule 506(b)
▶$500KraisedMay 2016 · 3 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Junaid ShamsExecutive Officer, Director
- Ibrahem AlhaidariDirector
- Offering amount
- $1.5M
- Amount sold
- $500K
- First sale
- Apr 2016
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Rooam do?
- Rooam offers contactless payment products for hospitality businesses, letting guests open and close tabs and pay checks via a mobile web experience without extra hardware. Its products integrate directly with existing POS systems and support Apple Pay and Google Pay for bars, restaurants, venues, events, and sports settings.
- Who founded Rooam?
- Rooam was founded by Junaid Shams in 2015.
- How much funding has Rooam raised?
- Rooam has disclosed $500K raised across 1 round.
- Where is Rooam headquartered?
- Rooam is headquartered in Washington, US.