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 Sep 30, 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 $6.01B in funding in 2026 to date.

Where does Silver rank among its competitors?

Silver ranks 222nd amongst 1321 active competitors, of which 133 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Monarch, which secured $75M in May, 2025.

Who are the top competitors of Silver?

Silver's top competitors include Money Forward, Plum and Cleo. Among them, Monarch secured the most recent funding round in May, 2025.

Silver - 2026 Company Profile, Team, Funding & Competitors

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

222^nd among 1321 active competitors

Employee Count

116 as on Sep 30, 2026

Similar Companies

Money Forward & 3066 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	1889	Seed	1229	5901	4289	9487

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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 Sep 26. Here is Silver's employee count trend over the years:

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Top competitors of Silver include Money Forward, Plum and Cleo. 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	Money Forward 2012, Minato City (Japan), Public	Personal Finance Management with Multiple Account aggregation	$43M	Mizuho Bank, Isetan Mitsukoshi Holdings & 24 others	86/100
2nd	Plum 2016, London (United Kingdom), Series B	AI-based automated spend management platform for individuals	$75.8M	Venture Friends, Ventura Capital & 54 others	80/100
3rd	Cleo Wilmington (United States), Acquired	AI-powered personal finance app that helps users track spending, build savings habits, and improve money management	$175M	EQT, Sofina & 55 others	79/100
4th	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.5M	Pitango, Morgenthaler & 10 others	78/100
5th	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
6th	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Elevation Capital & 32 others	74/100
7th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
8th	Fintonic 2012, Madrid (Spain), Series C	App-based platform for personal financial management and personal loans	$54.8M	ING Ventures, Onza Capital & 7 others	72/100
9th	Toss 2011, Seoul (South Korea), Series G	Provider of an app-based platform for banking investment and insurance management	$1.25B	Altos Ventures Management, Goodwater Capital ... & 42 others	68/100
10th	Emma 2017, London (United Kingdom), Seed	App-based platform offering money management tools for individuals	$7.64M	Kima Ventures, Connect Ventures & 22 others	68/100
222nd	Silver 2023, Sunnyvale (United States), Seed	Provider of platform that automates FSA/HSA eligible expense identification and submission	-	LEAD	34/100