Roam
Roam is a platform that aggregates essential resources for international students migrating to the U.S., simplifying their setup process. It helps students establish bank accounts, credit cards, insurance plans, and tax filings, providing a streamlined and cost-effective way to manage their relocation needs.
- Artificial Intelligence
- Applications
- Financial Technology
- Insurance Technology
- Legal Technology
- Software Only
Funding
Raised to date
$50KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
$50K · Seed
Announced Jan 2024
Disclosed cumulative: $50K
Founders
Product
Problem
International students face significant challenges when migrating to the U.S., including navigating unfamiliar financial, logistical, and administrative processes. Setting up essential services like banking, insurance, and mobile plans often involves complex paperwork, credit history requirements, and a lack of transparent pricing. This can lead to wasted time, unnecessary expenses, and increased stress for students adjusting to a new country.
Solution
Roam is a marketplace platform designed to streamline the setup process for international students arriving in the U.S. By partnering with various service providers, Roam offers a centralized hub where students can access and compare essential services, including banking solutions tailored for those without a U.S. credit history or social security number, affordable mobile phone plans, health insurance options, and resources for tax filing. Roam simplifies the process of establishing these foundational services, providing students with a cost-effective and efficient way to manage their relocation needs. The platform also offers resources such as blog posts and an AI-powered F-1 visa interview preparation tool.
Target Audience
The primary target audience is international students migrating to the U.S. who need assistance setting up essential services like banking, insurance, and mobile plans.
Features
- Marketplace aggregation of essential services tailored for international students
- Partnerships with banks offering accounts and credit cards without requiring a U.S. social security number
- Comparison tools for affordable mobile phone plans with wide coverage
- Access to health insurance plans designed for international students
- Resources for international student tax filing
- AI-powered F-1 visa interview preparation chatbot
- Concierge call service to help students save money