The Nigerian prop-tech startup company, Spleet has secured $2.6 million in seed funding. This is to expand its residential products through Africa.
The company plans to use these funds to expand its product offerings for landlords, real estate brokers, and tenants across Nigeria.
Leading these rounds were Mac Venture Capital, while Noemis, Ventures, Plug and Play Ventures, and Metaprop VC, amongst others, were involved.
Also Read: SaaS provider Toqio Secures €20 million in funding.
Spleet’s Reaction
Reacting to the funding, MaC Venture Capital Managing General Partner Marlon Nichols, said,
“We are proud to partner with the proptech company as it continues to bring forward a comprehensive solution that effectively serves both sides of the housing market and makes true deposits to combating homelessness in Africa”.
Also responding to the fund raised, Spleet CEO, Akintola Adesanmi said,
“Our solution on the tenant side was a no-brainer. It was the landlords who needed convincing, but it helped that we already had a network of landlords. So instead of going out and raising venture capital”.
She added that they were trying to “convince some landlords to list their homes on this platform that we had built” to avoid future problems.
Also Read: Prospa Acquires $3.8m Pre-Seed Funding.
About Spleet
Spleet was launched by Dolapo Adebayo and Akintola Adesanmi in 2018, to address issues with accessibility and cost in Nigeria and other African countries.
The prop-tech startup first launched in 2019 aiming to connect landlords with pre-screened tenants when someone who rents seeks a more flexible, affordable payment.
Not only that, the startup gives flexible rental options. There are also free finished subscription-based living spaces to assist those looking for housing with lower living expenses such as rent, electricity, etc.
Since it launched, the startup has handled millions of dollars in rent. It has also sheltered more than 1000 tenants and signed up more than 35 private and corporate landlords.
Spleet claims that since its launch, it has handled millions of dollars in rent, sheltered more than 1000 tenants, and signed up more than 35 private and corporate landlords.
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