Jena-based rooom AG has raised over 17 million euros in fresh capital in a successful financing round. In addition to the new investors Marondo Capital and TGFS, existing investors such as bm|t and others participated. This investment underlines the growing importance of 3D visualizations and metaverse solutions for corporates.
ounded in 2016, rooom AG offers software solutions for creating 3D content and digital experiences in augmented and virtual reality. Among rooom’s customers are Deutsche Telekom, BMW, Zeiss, porta and Bosch.
Trust from leading investors
The financing round was funded by a consortium of institutional investors led by Munich-based Marondo Capital. Also involved are growth capital investors such as TGFS Technologiegründerfonds Sachsen and bm|t beteiligungsmanagement thüringen, as well as other existing investors.
Marko Maschek, founding partner at Marondo Capital, comments, “rooom’s latest financing round underlines rooom’s vision: to help companies make the transition to the 3D world in times of advancing digitalization. At Marondo Capital, we are proud to support the company in realizing this vision and reaching its potential — in Germany and internationally.” rooom’s web-based software platform enables companies to create high-quality 3D content without the need for special applications or virtual reality glasses. The Jena-based IT company employs around 100 people and now reaches more than six million users in over 120 countries.
“Over the past few years, rooom has developed an impressive platform for creating, managing and delivering 3D content that is ahead of the international competition. This has also been recognized by Gartner, the world’s leading research and advisory firm in the IT sector, which named rooom a ‘Top Management Solution Provider’ and ‘Cool Vendor’,” explains Stephan Beier, Senior Investment Manager at bm|t, which has been invested in the company since 2019.
Hans Elstner, founder and CEO of rooom, concludes, “The investment underlines our commitment to becoming the leading metaverse platform for companies of all sizes. We are commited to further expand our position as a pioneer in this emerging field of 3D and metaverse applications worldwide.”
About Marondo
Marondo, with offices in Munich and Stuttgart, is an investment company for fast-growing, technology-oriented, next-generation SMEs in Germany and DACH. The fund invests in companies from the German technology sector through majority and minority transactions. These include software & IT, industry 4.0, environmental technologies, new materials and health & medical technologies. In addition to
extensive expansion capital, Marondo also offers liquidity solutions for existing shareholders. The partnership is led by four partners with over 80 years of industry experience, 90 financed companies and several hundred transactions over the last two decades. www.marondo.com.
About TGFS
TGFS Technologiegründerfonds Sachsen provides equity capital to technology-oriented founders for the seed and start-up phase. The fund was first launched in 2008 by the Free State of Saxony (including ERDF funding) and Saxon financial institutions and has since supported over 100 start-ups. In 2023, the TGFS started its third fund generation. The target companies of TGFS are young, innovative, technology-oriented companies that belong to the ICT, semiconductor and microsystems technology, medical technology, life science, environmental and energy technology and new media sectors and have their registered office or operating facility in Saxony. www.tgfs.de
About bm|t
bm|t beteiligungsmanagement thüringen gmbh, headquartered in Erfurt, is the first address for venture capital and private equity financing in Thuringia. bm|t currently manages eleven funds with a total volume of more than 440 million euros and invests in innovative companies in almost all industries and in all phases of corporate development — from the start-up and growth phase to corporate succession and buyouts. www.bm‑t.com
About rooom
rooom AG is an IT company from Jena, Germany, which was founded in 2016. Rooom offers web-based solutions for the creation, management and playout of immersive 3D content. The platform can be used for multiple applications and works with augmented reality, virtual reality and generative AI. In recent years, the company has earned various innovation awards such as the German Innovation Award, the European Metaverse Award and the Innovation and Excellence Award. rooom employs around 100 people and its most important customers include Deutsche Telekom, BMW, Zeiss, porta and Bosch. In addition, the platform reaches over six million users in 120 countries. www.rooom.com