Splash Raises $4.5M to Transform Pool Service Industry and Expand Operations
Splash Raises $4.5M in Pre-Seed Funding
Splash's Pre-Seed Funding Round
Key Highlights:
- Pre-Seed Funding: Splash, a startup aiming to transform the pool service industry, closed a $4.5 million pre-seed funding round.
- Investors: Asymmetric Capital Partners led the round, with participation from notable investors like Sam Lessin, Kaz Nejatian, and Austen Allred.
- Business Strategy: Splash plans to acquire small pool cleaning companies, optimize operations with vertical software, and reinvest cash flows for further acquisitions and growth.
Splash's Target Market
- Pool Cleaning Companies: Small pool cleaning companies that are potential acquisition targets for Splash's expansion strategy.
- Pool Owners and Property Managers: Individuals and organizations in need of reliable and efficient pool cleaning services.
- Investors in Pool Service Industry: Investors interested in supporting innovative startups aiming to disrupt and transform the pool service industry.
What Splash Needs to Buy
- Acquisition Targets: Small pool cleaning companies that align with Splash's expansion strategy and can be integrated into their national brand.
- Vertical Software Solutions: Software providers specializing in pool service operations and customer experience optimization.
- Additional Funding: Potential investors and venture capital firms interested in supporting Splash's growth and expansion plans.