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Splitwise - About the company

Splitwise is a series A company based in Providence (United States), founded in 2011 by Marshall Weir, Jonathan Bittner and Ryan Laughlin. It operates as an App-based expense sharing platform. Splitwise has raised $30.5M in funding from investors like Insight Partners, SVB and Great Oaks Venture Capital. The company has 24 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Venmo, Zirtue and Settle Up.

Company Details

App-based expense sharing platform. It helps people share and split common expenses with their friends. It allows users enter shared bills, IOUs, and payments as they occur, and splitwise calculates and tracks who owes who how much. The users can settle up their debts either by cash or Paypal or Venmo. The application is available on the Android and iOS platforms.
Social
XFacebook
Registered Address
150 Union St #606, Providence, RI, 02903, USA
Key Metrics
Founded Year
2011
Location
Providence, United States
Stage
Series A
Total Funding
$30.5M in 5 rounds
Latest Funding Round
Ranked
Employee Count
53 as on Jun 30, 2026
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Splitwise's funding and investors

Splitwise has raised a total funding of $30.5M over 5 rounds. Its first funding round was on Nov 20, 2012. Its latest funding round was a Series A round on Apr 28, 2021 for $*****. 1 investor participated in its latest round. Splitwise has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Splitwise:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 28, 2021
9172183
Series A
6945039
8935828
8055276
3462314
Jul 13, 2018
1580945
Series A
8688873
9163214
4970614
7681996
Oct 31, 2016
8076328
Series A
6184794
9248121
4782829
6432041
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Splitwise's founders and board of directors

Founder? Claim Profile
The founders of Splitwise are Marshall Weir, Jonathan Bittner and Ryan Laughlin.
Here are the details of Splitwise's key team members:

Splitwise's Board of Directors

Splitwise's board has 4 active members. Ryan Laughlin, Marshall Weir, Jonathan Bittner and Eric Wiesen are independent board members.
Here is the list of Splitwise's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
13y 6m
rmewcdg
Independent board member
-
Current
4y 9m
rtwwzsj
Independent board member
-
Current
2y 4m
hwaqjea
Independent board member
-
Current
2y 8m

Splitwise's employee count trend

Splitwise has 53 employees as of Jun 26. Here is Splitwise's employee count trend over the years:
Employee count trend for Splitwise
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Splitwise's Competitors and alternates

Top competitors of Splitwise include Venmo, Zirtue and Settle Up. Here is the list of Top 10 competitors of Splitwise, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
2nd
Logo for Splitwise
Splitwise
2011, Providence (United States), Series A
App-based expense sharing platform
$30.5M
71/100
3rd
Logo for Zirtue
Zirtue
2018, Dallas (United States), Seed
Developer of an online platform for relationship-based lending
$4.12M
50/100
4th
Logo for Settle Up
Settle Up
2011, Casper (United States), Unfunded
Simplify shared expenses with an easy-to-use expense tracking application
-
-
45/100
5th
Logo for Pigeon
Pigeon
2020, Las Vegas (United States), Seed
Online lending-as-a-service platform for lending loans in between friends and families
$500K
43/100
6th
Logo for Travel Money
Travel Money
2011, Zurich (Switzerland), Unfunded
App-based expense management solution for travelers
-
-
41/100
7th
Logo for ZimpleMoney
ZimpleMoney
2008, Bainbridge Island (United States), Seed
Automated debt management platform
$600K
-
34/100
8th
Logo for Frank
Frank
2014, New York City (United States), Deadpooled
Peer-to-peer loan facilitation and management platform for loans between friends and family
$1.66M
32/100
9th
Logo for Fuse
Fuse
2019, New York City (United States), Seed
App-based expense sharing platform for a group
$125K
31/100
10th
Logo for Namma
Namma
2015, New York City (United States), Funding Raised
Cloud-based legal contract creation & document signing solution provider
-
-
30/100
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Splitwise's Investments and acquisitions

Splitwise has made no investments or acquisitions yet.

Reports related to Splitwise

Here is the latest report on Splitwise's sector:

News related to Splitwise

Media has covered Splitwise for 1 event in last 1 year, It was about partnerships.
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