Splitbill

London, United Kingdom Founded: 2018 • Age: 8 yrs
An app-based platform for simple and efficient bill sharing among friends.
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About Splitbill

Splitbill is a company based in London (United Kingdom) founded in 2018 by Ronald Javier Baddouh Abbate. It operates as a B2C. Splitbill has raised $138.3 thousand across 1 funding round. Splitbill operates in a competitive market with competitors including Hope Macy, Loop, TABBit, PaidYou and Split The Bills, among others.

  • Headquarter London, United Kingdom
  • Founders Ronald Javier Baddouh Abbate
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Apparel, Fashion & Lifestyle → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $138.3 K (USD)

    in 1 rounds

  • Latest Funding Round
    $138.3 K (USD), Seed

    Jul 18, 2021

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Splitbill

Splitbill has successfully raised a total of $138.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $138.3 thousand completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $138,300
  • First Round

    (18 Jul 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Seed - Splitbill Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by Splitbill

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Splitbill

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Splitbill Comparisons

Employees
+
Add Comparison
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Competitors of Splitbill

Splitbill operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hope Macy, Loop, TABBit, PaidYou and Split The Bills, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Hope Macy
domain founded_year HQ Location
Shared expense management is facilitated for individuals and supporters.
Loop
domain founded_year HQ Location
Loop is developed as a money-sharing application for friends.
TABBit
domain founded_year HQ Location
App-based payment sharing solution
PaidYou
domain founded_year HQ Location
A group expense management solution for personal and shared finances.
Split The Bills
domain founded_year HQ Location
Expense splitting app for schoolmates and housemates.
iOWEYOU
domain founded_year HQ Location
Provides an expense sharing and splitting system for shared student houses.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Splitbill

Frequently Asked Questions about Splitbill

When was Splitbill founded?

Splitbill was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Splitbill located?

Splitbill is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Splitbill a funded company?

Splitbill is a funded company, having raised a total of $138.3K across 1 funding round to date. The company's 1st funding round was a Seed of $138.3K, raised on Jul 18, 2021.

What does Splitbill do?

Splitbill operates with a B2C model, focusing on offering financial products and advice, personal finance, bill management, and social sharing apps. An app-based platform for simple and efficient bill sharing among friends. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Who are the top competitors of Splitbill?

Splitbill's top competitors include Hope Macy, Loop and Split The Bills.

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