PadSplit

Atlanta, United States Founded: 2017 • Age: 9 yrs
Managed co-living spaces are provided through leased properties from homeowners.
Annual revenue - Latest available
Total funding $35.2M 4 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About PadSplit

PadSplit is a company based in Atlanta (United States) founded in 2017 by Atticus LeBlanc. PadSplit has raised $35.22 million across 4 funding rounds from investors including Citi, Citi and Enterprise Community. PadSplit offers products and services including Room Rental Platform and Credit Building Tool. PadSplit operates in a competitive market with competitors including Rukita, Badi, Common, Selina and Stanza Living, among others.

  • Headquarter Atlanta, United States
  • Founders Atticus LeBlanc
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Padsplit, Inc
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $35.22 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20.5 M (USD), Series B

    Nov 01, 2021

  • Investors
    Citi

    & 13 more

  • Employee Count
    Not available
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Products & Services of PadSplit

PadSplit offers a comprehensive portfolio of products and services, including Room Rental Platform and Credit Building Tool.

Product name locked
Category locked
Primary

Online platform for booking affordable weekly rooms and co-living

Product name locked
Category locked
Locked

Feature that reports payments to improve user credit scores

People of PadSplit

Headcount 50-200
Employee Profiles 81
Employee Profiles
People
Unica Rea Casaclang
Tier 1 Support Agent - 1
People
Marcus Turton
Host Success Manager
People
Tanya F. Cain
Customer Experience: T2 Member Support Manager
People
Colleen Phillipps
Host Advocate

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Funding Insights of PadSplit

PadSplit has successfully raised a total of $35.22M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20.5 million completed in November 2021. 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.

Investors in PadSplit

PadSplit has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, Citi and Enterprise Community.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in fintech and technology for wealth and health.
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Venture capital is provided to economic, sustainability, and health sectors.
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Early-stage venture capital fund focused on real estate technology.
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Investor details for PadSplit

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by PadSplit

Investments
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Investment portfolio details for PadSplit

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  • Portfolio identities
  • Transaction dates
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Financial Statements - PadSplit

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Detailed financials for PadSplit

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  • Profit trends
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Padsplit Comparisons

PadSplit Primary company
Description
Managed co-living spaces are provided through leased propert...
Location
Atlanta, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for PadSplit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of PadSplit

PadSplit 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 Rukita, Badi, Common, Selina and Stanza Living, among others.

Company Name Domain Founded year HQ Location Description
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Lifestyle residences are provided to revolutionize rental housing solutions.
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AI-driven platform to find shared accommodation
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Provider of managed co-living spaces
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Online platform for booking hostel accommodation and co-working spaces for travelers
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Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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Detailed competitors of PadSplit

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Latest news on Padsplit

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Complete news archive for PadSplit

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Frequently Asked Questions about PadSplit

PadSplit was founded in 2017 and raised its 1st funding round 1 year after it was founded.

PadSplit is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

PadSplit is a funded company, having raised a total of $35.22M across 4 funding rounds to date.

PadSplit was founded in 2017 in Atlanta, United States, operating in the co-living and shared accommodation sector. Properties are leased from homeowners and sublet as branded managed accommodations. Amenities including furnishings, utilities, laundry, and internet access are supplied to residents. Property owners are enabled to monetize their spaces via an online application process.

PadSplit's top competitors include Stanza Living, Housr and Habyt.

PadSplit offers Room Rental Platform and Credit Building Tool.

PadSplit has 14 investors. Key investors include Citi, Citi, Enterprise Community, Techstars, and Core Innovation Capital.

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