PadSplit
Operates a marketplace for affordable co-living and room rentals.
Techstars Company facts
- Founded
- 2017
- Employees
- 160
- Headquarters
- United States
- Type
- Private
- Funding
- Series B · $20.5M · 2021
About
PadSplit is the nation’s largest coliving marketplace, connecting renters with thousands of furnished rooms across the U.S. by eliminating traditional rental barriers such as long‑term leases, credit score requirements, and large upfront costs. Its all‑inclusive weekly payment model covers rent, utilities, Wi‑Fi, and furniture, enabling move‑ins within 48 hours and making housing accessible to essential workers, students, and others facing a tight rental market. For property owners and investors, PadSplit offers a turnkey solution that transforms underutilized spaces into private rooms, boosting rental income while addressing the affordability crisis. The company’s combination of flexibility, affordability, and rapid onboarding sets it apart in the real‑estate and property‑management sectors.