PadSplit

Atlanta, United States Founded: 2017 • Age: 9 yrs
Managed co-living spaces are provided through leased properties from homeowners.

About PadSplit

PadSplit is a Real Estate & Construction company based in Atlanta (United States) founded in 2017 by Atticus LeBlanc. It operates as a managed co-living spaces are provided through leased properties from homeowners. PadSplit has raised $35.22 million across 4 funding rounds from investors including Citi, Citi and Enterprise Community. Its website padsplit.com draws about 1 million monthly visits. PadSplit offers products and services including Room Rental Platform and Credit Building Tool. Its focus areas include Consumer, Residential Real Estate Tech, CoLiving and Managed. Its legal entity is PadSplit, Inc. Its competitors include Rukita, Badi, Common, Selina and Stanza Living and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

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.

  • Headquarters Atlanta, United States
  • Founders Atticus LeBlanc
  • Sectors
    Real Estate & Construction
  • Website category Business and Consumer Services · Real Estate
  • Email
    ••••••••
  • Website padsplit.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Padsplit, Inc
Key Metrics
  • Total Equity Funding
    $35.22M (USD)

    in 4 rounds

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

    Nov 2021

  • Investors
    Citi

    & 13 more

Products & Services of PadSplit

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

Room Rental Platform
Housing Service

Online platform for booking affordable weekly rooms and co-living

Credit Building Tool
Financial Service

Feature that reports payments to improve user credit scores

Apps and channels of PadSplit

PadSplit publishes 1 mobile app with over 100K+ downloads.

PadSplit: Rooms for rent
Google Play House & Home Everyone Free 100K+ downloads
Developer: PadSplit
View on Google Play

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.

  • Total Funding $35.22M
  • Total Rounds 4
  • Last Round Series B — $20.5M
  • First Round $120,000

    (Jul 2018)

  • Investors Count 14

All 4 funding rounds of PadSplit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$20.5MSeries B––
May 2020$10MSeries A–Core Innovation Capital
Apr 2019$4.6MSeed–Core Innovation Capital
Jul 2018$120,000Seed–Techstars Atlanta
–
Valuation history

14 investors in total: 14 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in fintech and technology for wealth and health.
–corevc.com-
Venture capital is provided to economic, sustainability, and health sectors.
–theimpactengine.comChicago, United States
Early-stage venture capital fund focused on real estate technology.
–alatepartners.comToronto, Canada
Early-stage venture capital investments are made in Southeast startups.
–overline.vcAtlanta, United States
Seed stage venture capital firm investing in US
–kaporcapital.comOakland, United States
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Early-stage venture capital fund
–1984.vcSan Francisco, United States
Techstars Atlanta is focused on supporting startup growth.
–techstarsatlanta.comAtlanta, United States
Diversified financial services are offered through commercial banking operations.
1812citigroup.comNew York, United States
Management of diverse investments in technology, sports, healthcare, and media.
–markcubancompanies.com-
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Investor details for PadSplit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of PadSplit

71 people are tracked at PadSplit (15 in leadership, 56 in team).

NameRoleGroup
Atticus LeBlanc
FounderLeadership
Josh O'Bryan
Vice President of EngineeringLeadership
Q3 Hire
Director of Customer SupportLeadership
Gayle Abrahams
Chief Financial OfficerLeadership
Charles Grosse
Head of LegalLeadership
Mark Andrew de Lara
Director of CollectionsLeadership
Adam Kolojejchick-Kotch
Head of Strategy & OperationsLeadership
William Fortune
Director of ConstructionLeadership
R Quentin Wendt
Market General ManagerLeadership
Dara Schaier
Head Of OperationsLeadership
Jonathan Hoke
Director of OperationsLeadership
Jack Avera
General Manager - FloridaLeadership
Morton Zhou
Director of FP&ALeadership
Hameto Benkreira
Head Of ProductLeadership
Jeongyon Mimi Kim
VP of ProductLeadership
Tier 1 Support Agent
Tier 1 Support Agent - 3Team
QA Support
QA Support - 2Team
Unica Rea Casaclang
Tier 1 Support Agent - 1Team
Marcus Turton
Host Success ManagerTeam
Arlu Bianca (Bia) Carandang
Customer AdvocateTeam

51 more people are available in the full profile.

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Complete people profiles for PadSplit

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Timeline of PadSplit

3 dated milestones of PadSplit across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded PadSplit is founded.
  2. Funding First funding round of $120K.
  3. Funding Latest funding round, Series B, of $20.5M.

Competitors of PadSplit

PadSplit has 8 listed competitors in our database, 8 of them funded. They include Rukita, Badi, Common, Selina and Stanza Living, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rukita.co2019Jakarta, Indonesia$15M–
Lifestyle residences are provided to revolutionize rental housing solutions.
badi.com2015Barcelona, Spain$50.5M–
AI-driven platform to find shared accommodation
common.com2015New York, United States$152.36M247
Provider of managed co-living spaces
selina.com2015London, United Kingdom$405M1
Online platform for booking hostel accommodation and co-working spaces for travelers
stanzaliving.com2017Gurugram, India$232.71M210
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
habyt.com2017Berlin, Germany$120.07M–
A platform is provided for finding managed co-living spaces.
housr.in2018Gurugram, India$13.74M126
Fully furnished coliving spaces and serviced apartments are managed.
joinlifex.com2017Copenhagen, Denmark$19.51M1
Managed co-living spaces are provided with shared and single options.
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Detailed competitors of PadSplit

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Verified entity values are shown only after access is granted.

Web traffic of PadSplit

The website of PadSplit (padsplit.com) receives about 1M visits a month and ranks #52,754 among all websites worldwide, #1,340 in Real Estate.

  • Monthly visits
    1M

    ▲ 27.7% vs previous month

  • Unique visitors
    335K

    per month

  • Global rank
    #52,754

    among all websites

  • Category rank
    #1,340

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with PadSplit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
roomies.com
100%
–#18,211View details
apartments.com
76%
40.4M#843View details
realtor.com
75%
110M#330View details
cirtru.com
74%
93.6K#356,735View details
redfin.com
74%
86.4M#453View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for PadSplit

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  • Audience overlap
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Top companies in Real Estate Technology Platforms

10 companies that operate in the same segment as PadSplit (Real Estate Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Residential properties are listed and searched through an app-based platform.
2005Seattle, Washington, United StatesUSD 87 M––
Real estate properties are discovered via an online portal.
2006Singapore, Singapore, SingaporeUSD 689.51 MUSD 78.41 M2,613
Residential properties are resold via an app-based platform.
2014San Francisco, California, United StatesUSD 1.35 BUSD 2.71 M1,426
Residential real estate search engine
2005San Francisco, California, United StatesUSD 32.8 M––
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Online listing platform for buying and selling residential and commercial properties
2000Madrid, Madrid, SpainUSD 303.81 M––
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
An online listing platform for residential and commercial properties
2008London, England, United KingdomUSD 10.67 MUSD 112.51 M456
Rental properties are brokered online for seekers and owners.
2012Sao Paulo, State of Sao Paulo, BrazilUSD 755 M–5,932
Residential properties are listed and brokered through an online platform.
2004Seattle, Washington, United StatesUSD 166.06 MUSD 1.04 B5,659
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Related news about 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. The company's 1st funding round was a Seed of $120K, raised on Jul 2018.

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.

PadSplit operates through Padsplit, Inc.

Yes. PadSplit publishes PadSplit: Rooms for rent, with over 100,000 downloads.

The website of PadSplit receives about 1 million visits a month and ranks #52,754 among all websites worldwide.

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