Domum
Date of Foundation
2023

Domum

Research, application and payment app for renting an apartment.

The Idea origin story

Domum is designed to revolutionize the apartment rental experience. With our streamlined platform, users can effortlessly explore and apply for apartments. Our unique feature allows users to build a 'rental resume,' that not only enhances their credibility but also simplifies future applications. This eliminates typical rental complexities, ushering in an era of hassle-free home hunting and renting relationships based on trust.

The Mission

"Empowering renters with reliable searching, swift applications, and secure payments for their future homes through Domum."

Clients

Any person looking to rent an apartment.

Problems we solve

Client’s problem

Your startup could solve the challenges of finding suitable apartments, cumbersome application processes, building trust between renters and landlords, and enabling seamless rent payments.

Confirmation of problem

the rental process is time-consuming, costly, and lacks transparency, leading to inefficiencies and frustration for potential renters.

Solution

The solution could involve creating a user-centered mobile app that simplifies the rental process. The application should incorporate features like AI-driven search filters,

Our technologies

This solution is based on technologies

Artificial Intelligence for personalized recommendations, Blockchain for secure transactions, Big Data Analytics to understand customer behavior.

How it works

Aiming to be comparable to an iPhone application.

Value for the client

Domum simplifies apartment rental by offering streamlined search, trusted applications and transparent payment processes, saving users time and money.

Market and strategy

Market size

253000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Oleg Stratiev

My key role in the product

My key role is Founder and I'm responsible for setting vision, building team, ensuring financial stability, and driving growth.

Team size and key members

To build an impactful team, consider recruiting a co-founder, talented engineers or developers, and marcom specialists. Consider also getting advice from experienced mentors.

Competitors

Competitors

Additional competitors in your field can be Zillow, Trulia, Rent.com and HotPads. These platforms also provide apartment renting services with robust search engines and multiple payment methods.

Our Advantages

Experience a simplified search process tailored to your unique needs. Our system filters out unnecessary details, ensuring you only access advantageous deals and premium selections for an unbeatable price.

Business model

Domum earns through ads, transaction fees, added services like rent reminders and credit checks, savings from prepaid rents, data sales and one-time application fee.

Traction

Progressing with customer profiling, having completed extensive market research and currently drafting a solid business plan for strategic growth.

Ensure the company maintains a positive cash flow.

Metrics

Evaluate metrics like volume of apartments available for lease, average rent costs, comparison between renting versus buying tendencies. Monitor expatriate influx into the U.S to determine potential market demand.

Incorporation

Our company incorporated in

Delaware

Key risks

Main risks could include security and privacy of users' information, relying heavily on landlords' cooperation for the service to function optimally, potential regulatory changes affecting rental market frameworks, stiff competition from existing property rental platforms.

Investments

$

10000

We raised investments

Our Investors

Bootstrapped

Rising Investments

$

100000

Currently, we are raising investments

$

100000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Idea