Splend

company

About

We’re not about cars. We’re about people.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$3M
Industries
Automotive,Leasing,Sharing Economy,Transportation
Founded date
Jul 1, 2015
Number Of Employee
101 - 250
Operating Status
Active

People today expect to hop into a car within minutes of ordering one, whatever the time of day or night. They expect their packages to arrive the next, or even the same day. It all relies on drivers, and means that owning a car opens up a world of earning potential.

But not everyone has access to the right kind of car. That’s where Splend comes in. To date, we’ve helped people from all walks of life become their own bosses, with not just a car, but the tools to earn even more money, and become better drivers.

Splend was launched in Sydney in 2015 after our founder, Chris King, realised that too many drivers were lacking both the cars and knowledge they needed to really thrive. It was a problem, but it could be fixed.

Now, four years later, Splend is able to offer freedom to all kinds of people through car rental, and rent-to-own options. But we don’t stop there. We provide unprecedented levels of support and training, to help our members make the most of their time on the road.

And, by providing members with data and analytics, we give them the opportunity to become more profitable and safer drivers. All that, plus the chance to connect with other drivers and be part of a growing community, making driving a more sustainable way of earning an income.

Splend has enabled students, retirees, former refugees and single parents to find work they enjoy, and that fits their lifestyle. Equally, we’ve provided exciting opportunities for first-time buyers to own a brand new car. We couldn’t be prouder of what we’ve achieved so far, and we’re only just getting started.

Whatever your reason for wanting a car, Splend has it covered, with all of the support you need to turn your dream into a reality.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3M
Splend has raised a total of $3M in funding over 2 rounds. Their latest funding was raised on Feb 23, 2017 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 23, 2017 Series A $3M 1 Investec Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Splend is funded by 1 investors. Investec are the most recent investors.
Investor Name Lead Investor Funding Round
Investec Yes Series A