Online Dating Inspired Roommate Matching Service, The Room Ring, Launches

New Company Changes The Way People Approach Finding Roommates

NEW YORK–(BUSINESS WIRE)–Manhattan based startup company, The
Room Ring (TRR), is announcing the launch of their online service
catered to individuals who are in need of a room, have a room available,
or are looking for a roommate. Co-founders, Lia Wayman and Josie
Hubschman, are extremely excited to launch the service after observing a
strong demonstrated need for accurate, safe, and convenient roommate
compatibility resource among young urbanites. Says Wayman, “There is no
denying the need for this type of service. We have experienced what it
is like to move and fill our apartments without The Room Ring and it’s
not fun. Josie and I knew that there had to be an easier way to navigate
this process.” The Room Ring is here to eliminate roommate searching
through countless, unordered websites.

Using the same systematic approach to match-making that popular online
dating platforms use to optimize love connections in cities, The Room
Ring is designed to match like-minded individuals together by using
filters such as: budget, location, smoking, pets, and other living
preferences and essentials. The company not only matches users together
based on fundamental living criteria, but also take roommate harmony a
step further by utilizing users’ social networks and facilitating
communication between potential roommates. Through Facebook
authentication, a Room Ring user is able to view the mutual friends of
the people they match with and has the option of reaching out to a
potential match through the chat functionality. TheRoomRing.com
is a free service launching in New York City & San Francisco.

As rent in major US cities continues to skyrocket, more and more
Americans are living with roommates: In 2002, 25.4% of adults in the US
were living with roommates. In 2012, that number rose to a staggering
32% according to Statista.
To directly address ballooning rents and demand-driven housing markets,
The Room Ring is launching in the two most expensive housing markets in
the U.S. In July 2015, the average monthly rent for a one-bedroom
apartment in San Francisco was $3,500 — the highest in the country and
ever reported, according to Zumper
National Rent Report. New York City is a close second with an
average monthly rent for a one-bedroom at $3,100. It’s no wonder that
the percentage of Bay Area and Big Apple residents rooming with someone
who’s not a spouse or significant other is higher than the national
average. Many millennial professionals have a propensity to rent rather
than buy, and are attracted to urban areas given the career
opportunities and amenities. The trend is real and the struggle to find
an enjoyable living environment is a reality. The Room Ring is committed
to not only helping millennials save money in these expensive cities,
but also finding them the ideal living environment in a fun, easy, and
transparent way.

ABOUT THE ROOM RING

The Room Ring was founded in 2014 and is headquartered in New York City.
The Room Ring’s mission is to make the arduous, complicated, and
stressful undertaking of finding compatible roommates an easier and more
trusted experience. The Room Ring is the service to use if you are in
need of a room, have a room to list, or are looking for a roommate. The
Room Ring finds roommates, not strangers. For more information visit www.theroomring.com.
Check out TRR on Twitter,
Facebook,
and Instagram.

Contacts

MEDIA
The Room Ring
Josie Hubschman, 203-912-3039
josie.hubschman@theroomring.com