PadSplit Revenue and Competitors

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Atlanta, GA USA

Location

#4827

Growjo Ranking

Estimated Revenue & Valuation

  • PadSplit's estimated annual revenue is currently $15.4M per year.(i)
  • PadSplit's estimated revenue per employee is $140,000
  • PadSplit's total funding is $35.2M.

Employee Data

  • PadSplit has 110 Employees.(i)
  • PadSplit grew their employee count by 41% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5320M362317%$6B$104.2B

A PadSplit is a home or apartment that is divided into separate furnished bedrooms with a shared kitchen and bathroom. The weekly membership dues include utilities, laundry and wireless internet. We run background checks and verify the employment of all our prospective residents. PadSplit partners with homeowners by providing approved residents, collecting payments and advertising vacant rooms. We find homeowners make on average 75 to 100% more a month with PadSplit compared to a traditional single family rental. Visit our website and click on become a partner to learn more about turning your rental home into a PadSplit. If you have any questions or need more information, please send us a message and we will get back to you shortly.

keywords:Real Estate, Rental Housing, Real Estate Investors, Affordable Housing

$35.2M

Total Funding

110

Number of Employees

$15.4M

Revenue (est)

41%

Employee Growth %

N/A

Valuation

N/A

Accelerator

PadSplit News

2022-04-17 - Co-living a growing trend among renters on a budget

PadSplit and Society Atlanta are two unique options for shared living arrangements. Trucker Yorkie Miles moved to metro Atlanta...

2022-04-06 - Vontive wants to be the Palantir of real estate investing

McKinney shared the example of how affordable housing tech startup PadSplit used Vontive's no-code solution to spin up its own investment...

2021-11-03 - PadSplit raises $20.5 million Series B to increase housing supply and access

We started PadSplit four years ago with the simple mission of creating opportunities for people who need them, one room at a time. ATLANTA (PRWEB) November 03, 2021 PadSplit, the country’s largest shared housing marketplace specifically designed for the workforce, is announcing a $20.5 million ...

2021-11-03 - PadSplit, Inc. announced that it has received $20.5 million in funding from Core Innovation Capital LLC, Impact Engine, Citigroup Inc., Alate Partners, Mark Cuban Companies, Cox Enterprises, Inc. and other investors

On November 3, 2021, PadSplit, Inc. closed the transaction. The company received $2,000,000 in its second tranche bringing the total gross proceeds raised in the transaction to $20,500,000. The transaction will include participation from Core Innovation Capital LLC, Impact Engine, Citigroup Inc. ...

2021-08-11 - PadSplit is named the “Affordable Housing Solution of the Year”

At PadSplit, we believe the people who serve our communities also deserve an opportunity to live in them, and that’s why we remain committed to increasing housing supply while lowering barriers to access. ATLANTA (PRWEB) August 11, 2021 PadSplit, the mission-driven marketplace that’s trying to ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$16M110N/AN/A
#2
$27.5M11033%N/A
#3
$27.9M110-2%N/A
#4
$35.8M110-44%N/A
#5
$31.9M110N/AN/A