PadSplit
Latest round
- Series B
Last raised
- Nov 2021
Total raised
- $31M
Investors
- 14
About PadSplit
PadSplit, Inc. is a rental platform focused on providing affordable room rentals for individuals seeking flexible housing solutions.S.Founded in 2017 in Atlanta, US, PadSplit, Inc. operates as a rental platform. The company has not undergone any significant pivots or changes in business strategy. The founder, Atticus LeBlanc, serves as the CEO and has not been associated with other known companies., Mark Cuban Companies, and The Impact Engine, among others.PadSplit operates as a rental platform providing affordable room rentals aimed at individuals seeking flexible and cost-effective housing solutions. The core offering focuses on renting private rooms in shared homes, catering to low-to-moderate income individuals and professionals transitioning between jobs or locations. The service addresses the increasing demand for affordable housing in urban markets, specifically targeting cities with housing shortages. Customers consist of working professionals, individuals relocating for employment, and those seeking temporary housing, with properties available in cities such as Atlanta, Dallas, and Houston.PadSplit generates revenue primarily through room rental transactions on its platform. The business model involves direct-to-consumer transactions where members rent rooms on a weekly basis, providing flexibility to meet diverse housing needs. Clients can select rooms based on city availability, facilitating a straightforward rental process. The pricing structure is designed to be accessible and reflects local market conditions as well as the amenities offered within each shared property.In November 2021, PadSplit, Inc.
Who invested in PadSplit
14 investors across 4 rounds
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Questions about PadSplit
Who invested in PadSplit?
PadSplit has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PadSplit raised?
PadSplit has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did PadSplit last raise money?
PadSplit's most recent round on record is a Series B, in Nov 2021.
What does PadSplit do?
PadSplit is a real estate development & operating companies company.
Where is PadSplit headquartered?
PadSplit is headquartered in Atlanta, US.
Which VCs invest in companies like PadSplit?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back real estate development & operating companies companies at PadSplit's stage. Their profiles are linked below.
VCs backing real estate development & operating companies startups at Series B
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