Splend

18962 Afton Ave, Saratoga, CA 95070

Saratoga, California, United States

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Address
City: Saratoga
Neighborhood: Quito Village
State: California
Postal Code: 95070
Country: United States

Business facts

Estimated annual revenue~$613.4K
Estimated employees~2
Estimate based on moderate signals

Area statistics (95070)

Population31,688
Median household income$237,455
Source: US Census ACS

About

Splend is a Silicon Valley-based blockchain technology company that specializes in addressing blockchain infrastructure issues. The company offers a pioneering blockchain technology called Integrated Blockchain Architecture™ (IBA™) to overcome limitations in scalability, security, and network latency. IBA™ uses a systems approach to partition and scale blockchain functionality between software and hardware components, allowing for nearly instantaneous transaction speeds and the ability to accommodate billions of users globally.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning below its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$444.3K2019
~$459.0K2020
~$497.9K2021
~$551.7K2022
~$582.9K2023
~$613.4K2024
Modeled from category averages for the region+6.7%/yr since 201980% confidence band: ±68%

Property

Lot size0.23 acres
CountySanta_clara
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in California18,045~$108.8B~$6.1M~$1.4M5.0★0.4×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure123 chains expanding in this category, led by T-Mobile, Target Mobile, Att (+4,101 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)219~$412.5M~$1.9M~$868.5K1,052~$119.3M0.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles11~$105.7M~$9.6M53

1 km area (all businesses): median from the 179 of 219 businesses with estimates

Estimate

Area conditions (95070)

Population31,688 ±359
Median household income$237,455 ±$17,752
Median home value$2,000,001
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS
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