Splend is a transportation startup that offers eco-friendly and affordable cars to on-demand drivers, prioritizing their ability to generate income. Founded in 2015 in Sydney, the company has expanded its reach to nine cities across Australia, the Americas, and Europe, with a global team of over 150 employees. Splend takes pride in its mission to assist a diverse range of individuals, including students, retirees, former refugees, and single parents, in finding work that aligns with their lifestyles. The company's slogan, "We’re not about cars. We’re about people," encapsulates its focus on supporting drivers beyond just providing vehicles. Splend goes beyond being a mere car supplier by offering comprehensive resources and a sense of community to empower drivers to excel in their careers. This includes dedicated support, advanced training, and rewards under flexible plans. The company has positioned itself as a key player in the on-demand driving sector, aiming to continuously support and elevate the experiences of its customers. Splend's most recent milestone was securing a Venture Round investment at 01 March 2024 from Wipunen Incrementum Capital. This investment is a testament to the confidence that notable investors have in Splend's vision and its potential to further revolutionize the transportation industry. With its strong emphasis on customer support and empowerment, Splend continues to make strides in enabling on-demand drivers to thrive in their roles, setting the stage for promising future growth and impact.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | 01 Mar 2024 | |
Grant | $20.00M | 1 | 14 Jun 2023 | |
Private Equity Round | $15.00M | 1 | 04 Oct 2022 | |
Private Equity Round | $150.00M | 1 | 20 Apr 2022 | |
Debt Financing | €25.00M | 1 | 08 Mar 2022 |
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