Watch: How PadSplit Grew to 34,000 Co-Living Units and $250M+ in Annual Rent Processed at 70% Year-Over-Year Growth (Interview with Atticus LeBlanc)May 2026 · Atticus LeBlanc, Founder and CEO
How PadSplit Grew to 34,000 Co-Living Units and $250M+ in Annual Rent Processed at 70% Year-Over-Year Growth (Interview with Atticus LeBlanc)
- Customers34,000 rentable units on the platform (about 25,000 filled)Watch at 3:08
- Price per seatUnder $30 a night (average cost per unit; rent is billed weekly)Watch at 4:15
- Gross churn11% of users move out within their first month or month and a half (early move outs, not a monthly rate)Watch at 5:34
- Growth70% a year in GMV (gross rent processed), for about the past three yearsWatch at 8:47
- Employees240Watch at 19:56
- Outside funding$40MWatch at 16:15
