About Splyt
Splyt is a company based in London (United Kingdom) founded in 2015 by Andrius Skerla, Stephen Mason, Yulia Dankova, and Philipp Mintchin was acquired by Kakao Mobility in March 2023.. Splyt has raised $36.03 million across 7 funding rounds from investors including Grab, SoftBank and Kakao Mobility. The company has 36 employees as of January 31, 2021. Splyt offers products and services including API and SDK. Splyt operates in a competitive market with competitors including Umo, Mobito, WILLERS, Tomorrow's Journey and Rayte, among others.
- Headquarter London, United Kingdom
- Employees 36 as on 31 Jan, 2021
- Founders Andrius Skerla, Stephen Mason, Yulia Dankova, Philipp Mintchin
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Splyt Technologies Ltd
- Date of Incorporation 18 Feb, 2014
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.03 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Grab
& 3 more
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Employee Count
36
as on Jan 31, 2021
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Acquired by
Kakao Mobility
(Mar 22, 2023)
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Products & Services of Splyt
Splyt offers a comprehensive portfolio of products and services, including API and SDK. 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.
Connects on-demand services to superapps for seamless access
Provides user interface for integrating multiple on-demand services
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Funding Insights of Splyt
Splyt has successfully raised a total of $36.03M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(13 Feb 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series C - Splyt | Valuation | Kakao Mobility |
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| Jun, 2020 | Amount | Series B - Splyt | Valuation | SoftBank | |
| Dec, 2019 | Amount | Series A - Splyt | 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 Splyt
Splyt has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Grab, SoftBank and Kakao Mobility. 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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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Integrated transportation services are delivered through a mobile app.
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Founded Year | Domain | Location | |
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Mobile telecommunications, internet, and energy services are provided globally.
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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 Splyt
| 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 |
Financial Statements - Splyt
| 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 |
Splyt Comparisons
Competitors of Splyt
Splyt 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 Umo, Mobito, WILLERS, Tomorrow's Journey and Rayte, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers apps for transit planning, fare payment, and electronic collection.
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| domain | founded_year | HQ Location |
SaaS platform for mobility data exchange management is provided.
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| domain | founded_year | HQ Location |
Delivers comprehensive mobility services for road transport companies.
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| domain | founded_year | HQ Location |
Mobility integration solution
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| domain | founded_year | HQ Location |
Operates an app-based platform for convenient taxi-hailing and transportation services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Splyt
Frequently Asked Questions about Splyt
When was Splyt founded?
Splyt was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Splyt located?
Splyt is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Splyt?
Philipp Mintchin is the current CEO of Splyt. They have also founded this company.
Is Splyt a funded company?
Splyt is a funded company, having raised a total of $36.03M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.6M, raised on Feb 13, 2016.
How many employees does Splyt have?
As of Jan 31, 2021, the latest employee count at Splyt is 36.
What does Splyt do?
Splyt was founded in 2015 in London, United Kingdom, as a platform in the mobility sector. Ride-hailing services from multiple operators are aggregated to enable B2B distribution. Businesses are provided with a single integration point to offer customers access to various mobility options across multiple locations. Operations focus on streamlining connections between service providers and end-users in the ride-hailing industry.
Who are the top competitors of Splyt?
Splyt's top competitors include Tomorrow's Journey, Mobito and Automicle.
What products or services does Splyt offer?
Splyt offers API and SDK.
Who are Splyt's investors?
Splyt has 4 investors. Key investors include Grab, SoftBank, Kakao Mobility, and American Express Ventures.