
oomf
Software platform enabling the sharing economy.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Grant | ||
Total Funding | 000k |
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Oomf Inc. operates within the sharing economy, focusing on providing portable power solutions. The company established its platform in 2016 with the introduction of a shareable mobile device charger. Oomf's business model centers on a network of self-service vending stations, often located in public venues like university libraries, where consumers can rent portable power banks.
The service is managed through a proprietary mobile application available for both iPhone and Android devices. To utilize the service, users must first download the Oomf app, create an account, and link a credit or debit card. The rental process is initiated via the app, which uses Bluetooth to connect with a nearby charging station and unlock a portable charger. While the initial rental period was often free for the first 24 hours, fees were incurred for late returns. The physical chargers, branded as Oomf Omnicharge, are equipped with multiple ports, including USB and AC outlets, to support a variety of devices such as phones and laptops.
Revenue is generated through rental fees. Initially, after a free 24-hour period, a daily fee was charged for unreturned devices. The company's technology includes a cloud-based system to activate and monitor the chargers, helping to manage the fleet and remind users to return the devices to designated "PowerHouse" locations to avoid replacement fees.
Keywords: portable power rental, mobile charging service, sharing economy, power bank rental, on-demand charging, Oomf Omnicharge, battery rental, device charging stations, mobile power solution, shared chargers, app-based rental, public charging network