Tarik Sansal is the founder and CEO of Romio, a game-changing new local services app based on trusted recommendations through friends, family and experts. Scheduled to officially launch early fall, Romio is a social movement to drive genuine prosperity for users of the platform, democratizing digital commerce in a peer-to-peer ecosystem while rewarding loyalty and credibility. Romio has raised more than $12 million in funding from global investors to date. Tarik and his team have a vision of putting social purpose with a human touch into the digital economy, creating a place where equilibrium can be possible—solving waste, fake reviews, anonymity and inequality of wealth. Romio seeks to give ordinary individuals a fair chance in gaining prosperity.
Tarik started his career as a Research Analyst on Wall Street with his first job at Sharpe Capital after graduating from University of Westminster in London in 1994. He then joined the Asian Institutional Equities sales desk of Yamaichi Bank at the former World Trade Center. He later became the first employee of Moon Capital, the emerging markets hedge fund started by John Moon in 1996. Moon Capital went on to become the emerging markets investment arm of Oak Tree Capital and was one of the best-performing emerging markets hedge funds for the following 10 years. Tarik left in 1998 to form InvestmentPositions.com, a job site focused on jobs in investment management and banking, backed by Planet Zannett – then a publicly listed incubator.
Tarik then started OnTargetJobs.com, a roll-up of niche recruitment sites in 2004, which was backed by Warburg Pincus, generated over $160 million in revenue and sold to Dice in 2013.
Born to a family of scientists and acclaimed writers with roots in Algeria and France, Tarik was married to Rechelle Balanzat, founder of Juliette Laundry. Together for 12 happy years, they currently share custody of their two magnificent cats, Mark Anthony and Cleopatra. During his down time, Tarik loves fitness and sports including SoulCycle, tennis and soccer (he was a professional soccer player at age 13!). He enjoys exploring his favorite places in Latin America, Asia, the Middle East and Europe, as he’s fluent in French, Arabic, Spanish and some Portuguese. Fun fact: he once asked Brad Pitt for a $2 million investment within 10 seconds of getting into an elevator with him at Bergdorf Goodman. Brad laughed his head off before begging to ask what the idea was – at which point Tarik froze. This is Tarik – an insatiable, serial entrepreneur full of genius and bombastic ideas that inspire and make people think.