When was Silver founded?

Silver was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Silver located?

Silver is headquartered in Sunnyvale, United States.

Who is the current CEO of Silver?

Oded Shekel of Silver. They have also founded 1 company.

How many employees does Silver have?

As of Mar 31, 2026, the latest employee count at Silver is 116.

Is Silver a funded company?

Silver is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2024.

When was the latest funding round of Silver?

Silver's latest funding was a $***** Seed round on 2024, with participation from 1 investor. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $1.78B in funding in 2026 to date.

Where does Silver rank among its competitors?

Silver ranks 31st amongst 202 active competitors, of which 44 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Nitra, which secured $50M in Mar, 2026.

Who are the top competitors of Silver?

Silver's top competitors include Expensify, Monarch and Mint. Among them, Nitra secured the most recent funding round in March, 2026.

Silver - 2026 Company Profile, Team, Funding & Competitors

Silver is a seed company based in Sunnyvale (United States), founded in 2023 by Dan Somrack and Oded Shekel. It operates as a Provider of platform that automates FSA/HSA eligible expense identification and submission. Silver has raised an undisclosed amount in funding. The company has 202 active competitors, including 44 funded and 15 that have exited. Its top competitors include companies like Expensify, Monarch and Mint.

Company Details

Provider of platform that automates FSA/HSA eligible expense identification and submission. It connects to retailer and health insurance accounts to collect receipts and explanation of benefits. The platform identifies eligible expenses and automatically submits claims to providers on behalf of users. The platform uses AI to identify eligible products from a catalog.

Website: www.withsilver.app/
Social
Email ID: *****@withsilver.app

Key Metrics

Founded Year

2023

Location

Sunnyvale, United States

Stage

Seed

Latest Funding Round

Seed, 2024, $*****

Investors

LEAD

Ranked

31^st among 202 active competitors

Employee Count

116 as on Mar 31, 2026

Similar Companies

Money Forward & 2753 more

View Silver's full profile

Silver has raised funding over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Silver has 1 institutional investor.

Here is the list of recent funding rounds of Silver:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2024	6389	Seed	7419	5898	1123	8645

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View details of Silver's funding rounds and investors

The founders of Silver are Dan Somrack and Oded Shekel. Oded Shekel is the CEO of Silver.

Here are the details of Silver's key team members:

Dan Somrack: Co-Founder of Silver.
Contact Info: 1 email address
Oded Shekel: Co-Founder & CEO of Silver.
Contact Info: 1 email address

View details of Silver's Founder profiles and Board Members

Silver's employee count trend

Silver has 116 employees as of Mar 26. Here is Silver's employee count trend over the years:

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Top competitors of Silver include Expensify, Monarch and Mint. Here is the list of Top 10 competitors of Silver, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	OpenView, SV Angel & 11 others	74/100
2nd	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	Forerunner, Menlo Ventures & 6 others	74/100
3rd	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.4M	Pitango, Morgenthaler & 10 others	66/100
4th	Quicken 1983, Menlo Park (United States), Acquired	Online finance and expense management software	-	American Pacific Group	60/100
5th	Stavtar Solutions 2017, New York City (United States), Series A	Provider of software automating business spend and expense allocation for firms	$60.3M	Elephant Venture Capital, Global Incubation Services ... Read more	55/100
6th	Sequence 2022, New York City (United States), Series A	Online platform offering personal money management and visualization solutions	$33M	Aleph, Emerge Ventures & 5 others	55/100
7th	Jenji 2015, Paris (France), Series A	Cloud-based expense management solution	$6.59M	Axeleo Capital, Idinvest Partners & 2 others	54/100
8th	Nitra 2021, New York City (United States), Series B	Provider of a financial software for patients and healthcare professionals	$134M	AME Cloud Ventures, Gaingels & 35 others	52/100
9th	Rocket Money 2015, Silver Spring (United States), Funding Raised	Provider of financial management tools for subscription tracking, budgeting, and bill negotiation	-	NFX, ACE & Company & 2 others	52/100
10th	PocketSmith 2008, Dunedin (United States), Unfunded	Personal finance software for budgeting, forecasting, and managing money	-	-	52/100
31st	Silver 2023, Sunnyvale (United States), Seed	Provider of platform that automates FSA/HSA eligible expense identification and submission	-	LEAD	41/100