PadSplit
Company

Last deal

$20.5M

Amount

Series B

Stage

03.11.2021

Date

5

all rounds

$35.2M

Total amount

General

About Company
PadSplit is a startup that provides affordable house-sharing services for the workforce.

Industry

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founded date

01.03.2017

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company's platform offers furnished apartments divided into separate bedrooms with shared kitchen and bathroom facilities, along with weekly membership payments for utilities, laundry, and wireless internet. PadSplit aims to make housing more affordable for low-income individuals, empowering them to build savings and transform their lives. Their mission is to solve the affordable housing crisis by creating safe and respectable co-living environments, leveraging housing as a vehicle for financial independence.
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