10K

“The largest portion of anyone’s income almost always goes toward housing costs,” founder and CEO Atticus LeBlanc told TechCrunch. “And if you look around, you know that housing costs are skyrocketing, as much as 40% in some markets. Most notably, active members have saved $2.6 million monthly and around $47.4 million in total savings generated. “The life-changing results speak for themselves… These incredible results have led PadSplit residents to purchase their own vehicles, traditional apartments, launch their own companies and buy their own homes,” added LeBlanc. PadSplit, meanwhile, reports that the average monthly cost to live in one of its units is $729.