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 Jul 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.

Where does Silver rank among its competitors?

Silver ranks 70th amongst 348 active competitors, of which 57 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Quicken, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Silver?

Silver's top competitors include Mint, Expensify and Monarch. Among them, Quicken secured the most recent funding round in June, 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 348 active competitors, including 57 funded and 17 that have exited. Its top competitors include companies like Mint, Expensify and Monarch.

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

70^th among 348 active competitors

Employee Count

116 as on Jul 31, 2026

Similar Companies

Money Forward & 2981 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	4001	Seed	3256	4302	6671	5208

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

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Top competitors of Silver include Mint, Expensify and Monarch. 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	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.5M	Pitango, Morgenthaler & 10 others	78/100
2nd	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	OpenView, Barracuda & 11 others	74/100
3rd	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	Forerunner, Accel & 6 others	73/100
4th	Quicken 1983, Menlo Park (United States), Acquired	Online finance and expense management software	-	American Pacific Group, Edward Jones	64/100
5th	Beem 2006, San Francisco (United States), Seed	Cash advance app for emergencies	$7M	Goodwater Capital, CMFG Ventures & 14 others	63/100
6th	YNAB 2004, Lehi (United States), Unfunded	Developer of personal finance software for tracking and managing budgets	-	-	60/100
7th	Green Cabbage 2017, Cranberry Township (United States), Series B	Software-based platform offering financial analytics solutions	$60M	University Growth Fund, Sorenson Capital & 1 others	56/100
8th	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
9th	SimplyWise 2018, New York City (United States), Series B	Online platform with retirement planning and savings solutions for individuals	$12M	QED Investors, Village Global & 4 others	54/100
10th	Qube Money 2015, Pleasant Grove (United States), Series A	Provider of digital cash envelope banking and budgeting mobile application	$2.05M	-	53/100
70th	Silver 2023, Sunnyvale (United States), Seed	Provider of platform that automates FSA/HSA eligible expense identification and submission	-	LEAD	34/100