Peer-to-peer camera rental startup KitSplit raises $2.1M

TechCrunch | 2/21/2018 | Anthony Ha
abbycraig (Posted by) Level 3
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KitSplit, which operates a peer-to-peer marketplace for creative equipment, is announcing that it’s raised $2.1 million in seed funding.

The equipment available for rental can include cameras, lights and lenses, but also VR gear and drones. Renters get access to this equipment for a lower price (CEO Lisbeth Kaufman estimated said KitSplit usually costs 30 to 50 percent less than traditional rentals), while the equipment owners get to make some extra money from equipment when they’re not using it.

KitSplit - President - Kristina - Budelis - Video

I first wrote about KitSplit in 2016, and President Kristina Budelis (a former video producer for The New Yorker) said that since then, the service has grown from 5,000 to 30,000 members. It’s also acquired one of its competitors, CameraLends.

Investors in the seed round include HearstLab (which also invested in KitSplit’s pre-seed funding), Entrepreneurs...
(Excerpt) Read more at: TechCrunch
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