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Splitero - About the company

Splitero is a series B company based in San Diego (United States), founded in 2021 by Michael Gifford. It operates as a Developer of an online platform for home equity loans. Splitero has raised $318M in funding from Gemini Ventures and Fiat Ventures. The company has 263 active competitors, including 42 funded and 24 that have exited. Its top competitors include companies like Better Mortgage, Creditas and loanDepot.

Company Details

Developer of an online platform for home equity loans. It enables users to obtain financing options by providing future property appreciation as collateral. It requires users to add their details to apply for the loan. Once approved, the funds are transferred to the registered bank account.
Social
Facebook
Email ID
*****@splitero.com
Phone Number
+1 **********
Key Metrics
Founded Year
2021
Location
San Diego, United States
Stage
Series B
Total Funding
$318M in 3 rounds
Latest Funding Round
Ranked
Employee Count
132 as on Sep 30, 2026
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Splitero's funding and investors

Splitero has raised a total funding of $318M over 3 rounds. Its first funding round was on Apr 13, 2022. Its latest funding round was a Series B round on Oct 17, 2024 for $*****. 1 investor participated in its latest round. Splitero has 12 institutional investors.

Here is the list of recent funding rounds of Splitero:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 17, 2024
4460962
Series B
4574088
9396069
9263137
5028665
Jan 17, 2023
1897051
Series A
1201658
7387002
8179792
Apr 13, 2022
8991363
Seed
2443026
3203356
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Splitero's founders and board of directors

Founder? Claim Profile
The founders of Splitero is Michael Gifford. Michael Gifford is the CEO of Splitero.
Here are the details of Splitero's key team members:

Splitero's employee count trend

Splitero has 132 employees as of Sep 26. Here is Splitero's employee count trend over the years:
Employee count trend for Splitero
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Splitero's Competitors and alternates

Top competitors of Splitero include Better Mortgage, Creditas and loanDepot. Here is the list of Top 10 competitors of Splitero, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Better Mortgage
Better Mortgage
2014, New York City (United States), Series E
Online marketplace offering residential mortgage loans for consumers
$980M
78/100
2nd
Logo for Creditas
Creditas
2012, Itaim Bibi (Brazil), Series G
Online platform for asset-backed consumer loans
$981M
73/100
3rd
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
71/100
4th
Logo for GoodLeap
GoodLeap
2003, Roseville (United States), Late Stage
Provider of home improvement services
$800M
65/100
5th
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
64/100
6th
Logo for Pennymac
Pennymac
2008, Westlake Village (United States), Public
Provider of home loan origination and servicing solutions. This company offers a full suite of mortgage products, including purchase loans, refinance options, and home equity loans. They support various loan types, such as conventional, FHA, VA, and jumbo loans. The company also provides comprehensive support services for existing loan holders, including account management and payment processing. They utilize a combination of online platforms and dedicated loan officers to assist customers throughout the entire loan process.
-
-
61/100
7th
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
61/100
8th
Logo for ACHF
ACHF
2016, Pune (India), Series C
Provider of home loans, self-construction loans, home improvement, and refinance
$80M
58/100
9th
Logo for Unison
Unison
2004, San Francisco (United States), Series C
Co-investment for buying a residential property
$256M
57/100
10th
Logo for Molo
Molo
2017, London (United Kingdom), Acquired
Provider of digital mortgage lending services
$368M
57/100
12th
Logo for Splitero
Splitero
2021, San Diego (United States), Series B
Developer of an online platform for home equity loans
$318M
57/100
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Splitero's Investments and acquisitions

Splitero has made no investments or acquisitions yet.

Reports related to Splitero

Here is the latest report on Splitero's sector:

News related to Splitero

Media has covered Splitero for 1 event in last 1 year.
•
Splitero Nabs $350M Capital CommitmentSan Diego Business Journal•Dec 16, 2024•Splitero
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