Company overview

PadSplit is the nation's largest coliving marketplace, connecting renters seeking affordable housing with thousands of furnished rooms in shared residential properties across the U.S. The platform transforms how people access housing by eliminating traditional rental barriers—no long-term leases, minimum credit scores, or large upfront costs required.Members enjoy all-inclusive weekly payments that cover rent, utilities, Wi-Fi, and furniture, allowing for move-ins within 48 hours. This flexible approach makes housing accessible to essential workers, students, and anyone navigating today's challenging rental market.For property owners and investors, PadSplit maximizes rental income by converting underutilized spaces into private rooms within managed coliving environments. The platform provides a turnkey solution that generates higher returns while addressing the housing affordability crisis—creating value for both sides of the marketplace.
Founded in 2017
Atlanta, Georgia, USA
165 employees (25 in marketing)
71% recommend to a friend
72% positive business outlook

Salaries

Typical salary range

$180,000 – $220,000

/ yr

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People

Hiring activity

Open marketing jobs over time

7 open now

Headcount trend

Company growth over the last 12 months

Headcount +16.1% year over year

Funding

Total funding

$35.2M

Last raise

Series Unknown, 3 years ago

Funding history

Jan 2023

Venture Round PadSplit

Nov 2021

Series B PadSplit · $20.5M

Aug 2020

Series A PadSplit · $4.3M

Apr 2020

Series A PadSplit · $5.7M

Apr 2019

Seed Round PadSplit · $4.6M

Jul 2018

Pre Seed Round PadSplit · $120K

Audience

Monthly website visitors
643.6K
Month over month-5.8%
Quarter over quarter-31.1%
Top sourceDirect (62.5%)
Ad budget per month$20.3K
Average search rank56.3
Traffic source mix
Direct
62.5%
Search
32.5%
Referral
3.2%
Social
1.2%
Paid referral
0.5%

LinkedIn followers

Follower count and growth

Total followers

37.3K

12-mo growth

+165%

Monthly growth

+19.1%

News

Links