What is Spleet?
Spleet operates as a sophisticated living subscription platform, fundamentally altering how individuals access residential real estate. By offering daily, monthly, and quarterly subscription tiers, the company provides a frictionless alternative to the rigid, long-term lease structures that have historically dominated the housing market. This model positions Spleet at the intersection of PropTech and fintech, catering to a modern workforce that demands agility and high-quality living standards.
The company's market position is bolstered by its ability to integrate financial services with property management, creating a seamless user experience. As it continues to scale, Spleet remains focused on optimizing its platform to serve as a primary gateway for premium residential solutions, effectively bridging the gap between property owners and tenants through a tech-enabled, subscription-first ecosystem.
How much funding has Spleet raised?
Spleet has raised a total of $3.2M across 2 funding rounds:
Other Financing Round
$625K
Angel/Seed
$2.6M
Other Financing Round (2022): $625K with participation from VFD Group, Moonshot VC, Future Africa, and MetaProp VC
Angel/Seed (2022): $2.6M led by NOEMIS Ventures, Plug and Play Tech Center, Francis Fund, and MaC Venture Capital
Key Investors in Spleet
MaC Venture Capital
A seed-stage venture capital firm that invests in technology startups by leveraging cultural trends and behaviors to drive growth.
Plug and Play Tech Center
A global innovation platform and early-stage investor that connects startups with corporate partners to accelerate technological development.
VFD Group
A financial services-focused proprietary investment company that creates value by developing innovative products for the informal financial sector.
What's next for Spleet?
With the recent infusion of capital, Spleet is poised to enter a phase of aggressive market expansion and product enhancement. The strategic focus will likely center on deepening its penetration in key urban markets and diversifying its residential inventory to accommodate a broader range of user preferences. Furthermore, the company is expected to leverage its existing partnerships with venture capital firms to refine its operational efficiency and explore new revenue streams within the broader real estate technology landscape.
As Spleet matures, the emphasis will shift toward long-term sustainability and the scaling of its subscription infrastructure. By maintaining its commitment to innovation, the company is well-equipped to navigate the complexities of the residential sector while continuing to provide value-added services that redefine the modern living experience.
