What is Splitero?
Splitero was founded by career real estate experts who recognized a critical gap in the market for homeowners needing to access the value locked within their properties. The company's core offering, Home Equity Investments (HEIs), provides a flexible financial solution that empowers homeowners to utilize their home equity for various life needs, such as home improvements, debt consolidation, or other significant expenses, without the burden of traditional loans. This unique approach aims to provide long-term support and services, thereby reducing the overall cost to homeowners and offering a more accessible pathway to financial flexibility.
How much funding has Splitero raised?
Splitero has raised a total of $667.5M across 4 funding rounds:
Angel/Seed
$5.8M
Series A
$11.7M
Other Financing Round
$300M
Other Financing Round
$350M
Angel/Seed (2022): $5.8M with participation from Gemini Ventures, Permit Ventures, and Fiat Ventures
Series A (2023): $11.7M led by Gemini Ventures, PBJ Capital, Joint Effects, and Fiat Ventures
Other Financing Round (2024): $300M supported by Antarctica Capital
Other Financing Round (2024): $350M featuring Blue Owl Capital
Key Investors in Splitero
Blue Owl Capital
Blue Owl Capital is an asset management company that specializes in capital solutions and direct lending, based in New York, New York.
Gemini Ventures
Gemini Ventures is an investor focused on early-stage technology companies, particularly those aiming to create vertical AI companies and transform legacy industries through innovative solutions in sectors like fintech and real estate.
Antarctica Capital
Antarctica Capital is an international private equity firm headquartered in New York, with a focus on active ownership, sustainability, and long-term capital vehicles in private markets and real assets.
What's next for Splitero?
With the recent major enterprise-level funding and strategic investment, Splitero is poised for significant expansion and further development of its HEI platform. The substantial capital infusion suggests a strategic focus on scaling operations, enhancing technological capabilities, and broadening market reach. This backing will likely enable Splitero to solidify its position as a leader in the home equity solutions sector, potentially exploring new product offerings or partnerships to further serve the homeowner market. The company's trajectory indicates a strong emphasis on innovation and customer-centric solutions within the real estate finance landscape.
See full Splitero company page
