About Kitsplit
Kitsplit is a company based in New York (United States) founded in 2014.. Kitsplit has raised $5.16 million across 4 funding rounds from investors including Western Technology Investment, Entrepreneurs Roundtable Accelerator and 3311 Ventures. Kitsplit has completed 2 acquisitions, including CameraLends and Free Music Archive. Kitsplit offers products and services including Gear Rental Platform, Camera Rental, Lens Rental, and Lighting Rental. Kitsplit operates in a competitive market with competitors including BoxedUp, ShareGrid, Quixote, BorrowLenses.com and Wedio, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Kitsplit, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.16 M (USD)
in 4 rounds
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Latest Funding Round
$2.1 M (USD), Seed
Feb 21, 2018
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Investors
Western Technology Investment
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
CameraLends
& 1 more
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Products & Services of Kitsplit
Kitsplit offers a comprehensive portfolio of products and services, including Gear Rental Platform, Camera Rental, Lens Rental, and Lighting Rental. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for searching and renting camera equipment
Service for hiring cameras and accessories for shoots
Rental of various lenses for photography and video
Provision of lighting gear for production needs
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Funding Insights of Kitsplit
Kitsplit has successfully raised a total of $5.16M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $2.1M
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First Round
First Round
(06 Oct 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Seed - Kitsplit | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - Kitsplit | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Kitsplit | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kitsplit
Kitsplit has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Western Technology Investment, Entrepreneurs Roundtable Accelerator and 3311 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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Venture debt is provided globally across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kitsplit
Kitsplit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CameraLends and Free Music Archive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Camera gear is rented peer-to-peer from local owners.
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2013 | ||||
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Music is streamed and downloaded by users across various genres.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kitsplit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kitsplit Comparisons
Competitors of Kitsplit
Kitsplit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BoxedUp, ShareGrid, Quixote, BorrowLenses.com and Wedio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Filming equipment is rented via an online marketplace platform.
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| domain | founded_year | HQ Location |
Camera gear is rented online for filmmakers and photographers.
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| domain | founded_year | HQ Location |
Studios and equipment are rented for film and TV productions.
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| domain | founded_year | HQ Location |
Online cameras, lens and photogear rental
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| domain | founded_year | HQ Location |
Professional film equipment is rented via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kitsplit
Frequently Asked Questions about Kitsplit
When was Kitsplit founded?
Kitsplit was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Kitsplit located?
Kitsplit is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Kitsplit a funded company?
Kitsplit is a funded company, having raised a total of $5.16M across 4 funding rounds to date.
What does Kitsplit do?
Kitsplit was founded in 2014 in New York, United States, as a platform in the creative equipment rental sector. Camera gear and related items are listed by owners for rental to photographers, filmmakers, and other professionals. Access to equipment is facilitated through user listings and bookings, with operations centered on connecting creatives across the United States. A community of users is supported for sharing resources in visual media production.
Who are the top competitors of Kitsplit?
What products or services does Kitsplit offer?
Kitsplit offers Gear Rental Platform, Camera Rental, Lens Rental, and Lighting Rental.
How many acquisitions has Kitsplit made?
Kitsplit has made 2 acquisitions, including CameraLends, and Free Music Archive.
Who are Kitsplit's investors?
Kitsplit has 6 investors. Key investors include Western Technology Investment, Entrepreneurs Roundtable Accelerator, 3311 Ventures, Mike Krieger, and HearstLab.
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