About Split
Split is a Transportation, Automotive & Logistics company based in Washington (United States) founded in 2014, and was acquired by Moia in June 2017. Ride-sharing connections are facilitated at designated city pick-up spots. Split has raised $11 million across 1 funding round from investors including Transdev and Moia. Split has completed 1 acquisition, including Ajelo. The company was acqui-hired. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include Lyft, Uber and Flywheel; 3 of its 3 listed competitors have raised funding.
Company details
Split was established in 2014 within the ride-sharing sector. An app is utilized to link drivers with passengers, who are collected from thousands of predefined urban locations. Travel durations are extended by 30 to 50 percent relative to direct point-to-point trips. Operations are supported by technology acquired from Ajelo. Since launch, weekly user growth of 25 percent has been observed, with services focused on city-wide coverage.
Funding Insights of Split
Split has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in November 2014. 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 $11M
- Total Rounds 1
- Last Round Series A — $11M
- First Round $11M
(Nov 2014)
- Investors Count 1
All 1 funding rounds of Split with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2014 | $11M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Split
Split has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Transdev and Moia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Bus operator services for public transportation are provided worldwide. | 2011 | transdev.com | ||
Provides autonomous driving, ridepooling, and mobility consulting for cities. | 2016 | moia.io | Berlin, Germany |
Investor details for Split
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- Complete investor list
- Round participation
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Investments & Acquisitions by Split
Split has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ajelo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
On-demand shared minibus and taxi services are provided. | ajelo.com | Espoo, Finland | 2010 | Nov 2014 | •••• |
Complete acquisition details for Split
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- Acquired stakes
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Competitors of Split
Split has 3 listed competitors in our database, 3 of them funded. They include Lyft, Uber and Flywheel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lyft.com | 2007 | San Francisco, United States | $5.02B | 4,419 | App-based ride-hailing aggregator | |
| uber.com | 2009 | San Francisco, United States | $13.21B | 31,100 | An online platform providing ride-hailing and food delivery services | |
| flywheel.com | 2009 | Redwood, United States | $40.63M | 39 | App-based on-demand taxi-hailing platform |
Detailed competitors of Split
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- Full competitor set
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Top companies in Road Transport Tech
3 companies that operate in the same segment as Split (Road Transport Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 |
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Frequently Asked Questions about Split
Split was founded in 2014.
Split is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Split is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Nov 2014.
Split was established in 2014 within the ride-sharing sector. An app is utilized to link drivers with passengers, who are collected from thousands of predefined urban locations. Travel durations are extended by 30 to 50 percent relative to direct point-to-point trips. Operations are supported by technology acquired from Ajelo. Since launch, weekly user growth of 25 percent has been observed, with services focused on city-wide coverage.
Split has made 1 acquisition, including Ajelo.
Yes. Split was acquired by Moia in June 2017.