Case Study: Splend raises $993M and scales rideshare car ownership with Hyper

Splend raises $993M with Hyper

Splend, a provider of vehicle ownership solutions for rideshare drivers in Australia, faced the challenge of launching a scalable business in the PCO driver space without a strong technical background. Their founder needed to navigate the complexities of creating an MVP and establishing operational infrastructure from the ground up. Hyper Startup Studio provided expert guidance and strategic advice to help them overcome this challenge.

Hyper helped Splend by scoping their MVP, assisting with the setup of engineering and support offices, and providing a clear technical strategy. This support established a solid operational framework that allowed for an effective launch and growth. As a result, Splend successfully raised $993 million and became a market leader, delivering a seamless experience for PCO drivers with a sustainable business model and a growing presence across multiple regions.

Splend