Splitwise

Providence, United States Founded: 2011 • Age: 15 yrs
Expenses are shared and tracked among friends via mobile app.

About Splitwise

Splitwise is a company based in Providence (United States) founded in 2011. Splitwise has raised $30.48 million across 5 funding rounds from investors including SVB, Insight Partners and Great Oaks Venture Capital. Splitwise offers products and services including Splitwise App. Splitwise operates in a competitive market with competitors including Venmo, Zirtue, Pigeon, Settle Up and ZimpleMoney, among others.

  • Headquarter Providence, United States
  • Sectors
    Technology
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Website splitwise.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Splitwise Inc.
Key Metrics
  • Total Equity Funding
    $30.48M (USD)

    in 5 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Apr 2021

  • Investors
    SVB

    & 5 more

Products & Services of Splitwise

Splitwise offers a comprehensive portfolio of products and services, including Splitwise App.

Splitwise App
Expense Tracking Platform

Tool to track and split shared expenses with groups and friends

Apps and channels of Splitwise

Splitwise publishes 2 mobile apps with over 10M+ downloads.

Splitwise
Google Play Finance Everyone Free
Developer: Splitwise
View on Google Play
Splitwise
App Store Finance 4+
Developer: Splitwise, Inc.
View on App Store

Funding Insights of Splitwise

Splitwise has successfully raised a total of $30.48M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in April 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 $30.48M
  • Total Rounds 5
  • Last Round Series A β€” $20M
  • First Round $250,000

    (Nov 2012)

  • Investors Count 6

All 5 funding rounds of Splitwise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021$20MSeries A–Insight Partners
–
Jul 2018$3.8MSeries A––
–
Oct 2016$5.03MSeries A––
–
Dec 2014$1.4MSeed–SVB, Great Oaks Venture Capital
Nov 2012$250,000Seed––
–
Valuation history

6 investors in total: 5 institutional and 1 angel.

Investors in Splitwise

Splitwise has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Insight Partners and Great Oaks Venture Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
–insightpartners.com-
Tech focused early-stage micro VC firm investing in the US
–greatoaksvc.comNew York, United States
Venture capital firm
–idgcapital.comNew York, United States
Rocketship.vc is engaged in data mining and startup investment.
–rocketship.vcLos Altos, United States
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States

Cyan and Scott Banister

-
–unknown_434c61793aec4498a-
Premium access

Investor details for Splitwise

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Splitwise

23 people are tracked at Splitwise (6 in leadership, 17 in team).

NameRoleGroup
Jonathan Bittner
CEOLeadership
Ryan Laughlin
CTOLeadership
Teddy Semon
Head of GrowthLeadership
Sarah Brown
Head Of Business OperationsLeadership
Theodore Semon
Head Of GrowthLeadership
Brian Murphy
Chief Financial OfficerLeadership
Marshall Weir
iOS & AndroidTeam
Joe Stein
Senior Server EngineerTeam
Anikha Achee
Senior Android developerTeam
Dylan Rainwater
Server EngineerTeam
Sarah Shavin
Growth Marketing SpecialistTeam
Zion Graham
Backend DeveloperTeam
Lucas Eras Paiva
Server EngineerTeam
Meg O'Hare
Product ManagerTeam
Daniel Beard
Staff iOS EngineerTeam
Becca Rogers
Business Operations / MarketingTeam
Thomas L.
Business OperationsTeam
Hannah Cope
Business Operations - PartnershipsTeam
Meredith O'Hare
Senior Product ManagerTeam
Ethan Perland
Senior Product ManagerTeam

3 more people are available in the full profile.

Premium access

Complete people profiles for Splitwise

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Splitwise

3 dated milestones of Splitwise across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Splitwise is founded.
  2. Funding First funding round of $250K.
  3. Funding Latest funding round, Series A, of $20.0M.

Competitors of Splitwise

Splitwise 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 Venmo, Zirtue, Pigeon, Settle Up and ZimpleMoney, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
venmo.com2009New York, United States$1.2M10,793
Consumer payments are enabled via a mobile digital wallet app.
zirtue.com2018Dallas, United States$1.12M–
Developer of an online platform for relationship-based lending
usepigeon.io2020Las Vegas, United States$500,0005
Loans between friends and family are simplified by Pigeon.
settleup.io2011Casper, United States––
Mobile app for tracking and managing shared expenses among friends and groups.
zimplemoney.com2008Bainbridge Island, United States$600,000–
Loans and financing plans are automated for businesses and consumers.
Premium access

Detailed competitors of Splitwise

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Splitwise

The website of Splitwise (splitwise.com) receives about 3M visits a month and ranks #20,341 among all websites worldwide, #1,305 in Financial Planning and Management.

  • Monthly visits
    3M

    ▲ 14.7% vs previous month

  • Unique visitors
    1.1M

    per month

  • Global rank
    #20,341

    among all websites

  • Category rank
    #1,305

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with Splitwise. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
billpin.com
100%
––View details
smartasset.com
80%
7.2M#8,499View details
wesplit.it
wesplit.it
79%
–––
experian.com
65%
35.6M#1,045View details
ynab.com
60%
7.4M#6,528View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 40 similar websites and full traffic analytics for Splitwise

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Splitwise

Premium access

Complete news archive for Splitwise

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Splitwise

10 companies that operate in the same segment as Splitwise (Investment & Financial Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
2013Menlo Park, California, United StatesUSD 5.73 BUSD 2.98 B2,300
Online exchange platform for cryptocurrency
2017Ta Xbiex, MaltaUSD 2.02 B––
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs
2007Tel Aviv, IsraelUSD 422.94 MUSD 925.73 M–
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based brokerage stock trading platform
1996Mumbai, Maharashtra, IndiaUSD 38.41 MUSD 548.9 M3,830
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M––
Smart investment portfolios are offered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 121.05 MUSD 635.51 K231
App-based automated investment and retirement planning platform
2010New York, New York, United StatesUSD 335 M––
Money Forward is engaged in providing financial technology solutions.
2012Minato, Tokyo, JapanUSD 42.9 MUSD 322.51 M2,600
Wealth management solutions are delivered for investment advisors.
2009Mountain View, California, United StatesUSD 759.1 M––
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Frequently Asked Questions about Splitwise

Splitwise was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Splitwise is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.

Splitwise is a funded company, having raised a total of $30.48M across 5 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Nov 2012.

Splitwise was founded in 2011 in Providence, United States, as an app-based platform in the fintech sector focused on expense sharing. Shared bills, IOUs, and payments are entered by users, with balances calculated and tracked to show who owes whom. Debts are settled through cash, PayPal, or Venmo. The service operates on Android and iOS platforms, serving users primarily in the United States.

Splitwise's top competitors include Venmo, Zirtue and Pigeon.

Splitwise offers Splitwise App.

Splitwise has 6 investors. Key investors include SVB, Insight Partners, Great Oaks Venture Capital, IDG Capital, and Rocketship.vc.

Splitwise operates through Splitwise Inc..

Yes. Splitwise publishes Splitwise and 1 more app, with over 10 million downloads.

The website of Splitwise receives about 3 million visits a month and ranks #20,341 among all websites worldwide.

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