Romio is a services app, like Instagram + Airbnb.
It's a marketplace where users can book services (Housekeeper, Personal Chef, Cat Sitter, etc.) recommended by friends or local experts.
Unlike any other marketplaces, Romio is built with the principles of Social Capitalism.
It's a more evolved and also more profitable version of capitalism that drives economic prosperity for its community by aligning profits and positive human socio-economic impact.
Our Social Capitalism approach means users and service providers can earn referral incomes and bonuses tied to Romio's platform growth.
Plus, they can earn cash rewards by referring their friends to book services or recommending services to be booked.
On Romio, service providers keep more of what they earn, set their own rates, and can leverage social networks into client referral networks.
Romio rewards its community.
We're working on a proprietary quarterly cash distributions earnings program (linked to stock-option-like instruments) to reward users and service providers who participate most in growing Romio's marketplace with extra cash.
Larger payouts will be given to service providers and influencers who reach GOAT status (ones responsible for over 20% of the activity on the platform).
We're going live in Los Angeles in early 2024, followed by New York and Miami before accelerating market launches by the second half of 2024.
Romio has carefully assembled strong and diverse networks of experts and influencers across local and vertical service categories with an aggregate reach of over 200m potential users.
Romio raised over $24m from family offices and strategic investors Bob Gelfond, early Amazon investor and Nigel Morris, member of facebook’s advertising board and ex CEO of Aegis Dentsu, the global advertising agency. We've also assembled a talented team and advisors from Google, Uber and GrubHub.