# Splitero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/splitero

- Industry: Financial Services
- Headquarters: San Diego, US
- Website: www.splitero.com/
- Total disclosed funding: $23M
- Latest round: Series A (Oct 17, 2024)
- Investors on record: 10

## About

Founded in 2021 and based in California, US Splitero, Inc. operates as a provider of cash for a share of the appreciation of the customers' homes. In April 2022, Splitero, Inc. raised USD 5.8 million in seed funding from investors Gemini Ventures, Permit Ventures, and Fiat Ventures. The company was founded by CEO Micheal Gifford and COO David Zvaifler. In December 2024, Splitero, Inc. raised USD 350 million in venture funding from new investor Blue Owl Capital.

Splitero, Inc. provides an online platform that offers cash to homeowners in exchange for a share in the appreciation and depreciation of the home. The company provides Home Equity Investments (HEIs) to customers that allow homeowners to use their home equity for paying for home improvement, renovation, or repair, financing their children's education, diversifying investments, etc. without income or credit score requirements.

The company will use the funding to expand its home equity investment model and enter the Tennessee and Virginia markets.

## Funding rounds

- Series A, Oct 17, 2024, $7.2M — Antarctica Capital
- Series A, Oct 27, 2022, $10M — Goodwater Capital, Jere Doyle Enterprises, PBJ Capital, Spark Growth Ventures, Fiat Ventures, Stackpoint Ventures, Permit Ventures, Dream Ventures, Joint Effects
- Seed, Apr 12, 2022, $5.8M — Stackpoint Ventures, Permit Ventures, Fiat Ventures

## Investors

- Stackpoint Ventures (https://capitalatlas.ai/funds/stackpoint-ventures) — Seed, Series A
- Permit Ventures (https://capitalatlas.ai/funds/permit-ventures) — Seed, Series A
- Fiat Ventures — Seed, Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Jere Doyle Enterprises (https://capitalatlas.ai/funds/jere-doyle-enterprises) — Series A
- PBJ Capital (https://capitalatlas.ai/funds/pbj-capital) — Series A
- Spark Growth Ventures (https://capitalatlas.ai/funds/spark-growth-ventures) — Series A
- Dream Ventures (https://capitalatlas.ai/funds/dream-ventures) — Series A
- Joint Effects (https://capitalatlas.ai/funds/joint-effects) — Series A
- Antarctica Capital (https://capitalatlas.ai/funds/antarctica-capital) — Series A