What is Split?
Founded in 2015 and headquartered in Redwood City, California, Split Software provides an industry-leading Feature Delivery Platform. This platform empowers companies to adopt Impact-Driven Development methodologies across their engineering teams. Split's technology enables businesses to manage and control the rollout of new features, facilitating experimentation and data-informed decision-making. The company operates within the competitive enterprise software market, focusing on enhancing developer productivity and product management capabilities.
How much funding has Split raised?
Split has raised a total of $108M across 4 funding rounds:
Series A
$8M
Series B
$17M
Series C
$33M
Series D
$50M
Series A (2017): $8M with participation from Lightspeed Venture Partners, Accel partners, and Sway Ventures
Series B (2018): $17M led by LightSpeed Venture Partners
Series C (2020): $33M supported by Harmony Venture Partners, Atlassian, Adam Bain, M12, Comcast Ventures, Dick Costolo, Lightspeed Venture Partners, Accel, and ServiceNow
Series D (2021): $50M featuring ServiceNow, Harmony Group Capital, M12, Atlassian, Lightspeed Venture Partners, Accel, Northgate Capital, and Owl Rock Capital
Key Investors in Split
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Harmony Venture Partners
Harmony Group Capital, LLC is a vertically integrated commercial real estate investment and development firm specializing in identifying undervalued properties and transforming distressed assets across the United States. Their diverse portfolio includes multi-family residential communities, industrial parks, self-storage facilities, seniors housing, office buildings, and co-op/condo projects.
M12
M12, Microsoft's Venture Fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies. As part of its value-add to portfolio companies, M12 offers unique access to strategic go-to-market resources and relationships globally.
What's next for Split?
The recent major strategic investment in Split signals a strong confidence from its backers in the company's future trajectory. This capital infusion is expected to fuel further innovation in its Feature Delivery Platform, potentially expanding its market reach and enhancing its competitive edge. With a clear focus on Impact-Driven Development, Split is well-positioned to capitalize on the growing demand for sophisticated tools that enable engineering teams to deliver value more effectively and with greater control. Future developments may include enhanced AI capabilities for feature rollout optimization and deeper integrations with existing development workflows.
See full Split company page
