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.
- Website
- www.splitwise.com/
- 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
Investors
Ranked
2nd among 24 active competitors
Employee Count
53 as on Jun 30, 2026
Legal entities associated with Splitwise
Splitwise is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPLITWISE INC. CIN: 32-0369921 , United States, Active | Feb 07, 2012 | - | 18 (As on Dec 31, 2021) | - |
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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:
Filter 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 |
View details of Splitwise's funding rounds and investors
Splitwise's founders and board of directors
Founder? Claim ProfileHere are the details of Splitwise's key team members:
- Marshall Weir: Cofounder of Splitwise. They serve on the board of 1 company.Contact Info: 1 email address
- Jonathan Bittner: Co-Founder & CEO of Splitwise. They serve on the board of 1 company.Contact Info: 1 email address
- Ryan Laughlin: Co-Founder And Chief Technical Officer of Splitwise.
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 |
View details of Splitwise's Founder profiles and Board Members
Splitwise's employee count trend
Splitwise has 53 employees as of Jun 26. Here is Splitwise's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
2nd | Splitwise 2011, Providence (United States), Series A | App-based expense sharing platform | $30.5M | 71/100 | |
3rd | Zirtue 2018, Dallas (United States), Seed | Developer of an online platform for relationship-based lending | $4.12M | 50/100 | |
4th | Settle Up 2011, Casper (United States), Unfunded | Simplify shared expenses with an easy-to-use expense tracking application | - | - | 45/100 |
5th | 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 | Travel Money 2011, Zurich (Switzerland), Unfunded | App-based expense management solution for travelers | - | - | 41/100 |
7th | ZimpleMoney 2008, Bainbridge Island (United States), Seed | Automated debt management platform | $600K | - | 34/100 |
8th | 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 | Fuse 2019, New York City (United States), Seed | App-based expense sharing platform for a group | $125K | 31/100 | |
10th | Namma 2015, New York City (United States), Funding Raised | Cloud-based legal contract creation & document signing solution provider | - | - | 30/100 |
Looking for more details on Splitwise's competitors? Click here to see the top ones
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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Google trying to patent bill splitting while lobbying Splitwise for patent reformSplitwise•May 29, 2024•Google, Splitwise
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Splitwise and Tink Collaborate to Make Direct Payments Possible With Pay by BankFintech Finance•Apr 22, 2024•Splitwise, Tink
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We got an exclusive look at the pitch deck fintech Splitwise used to raise $20 million from Insight PartnersBusiness Insider•Apr 28, 2021•Splitwise
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Splitwise raises $20M Series A to help everyone in the world divvy expensesTechCrunch+•Apr 28, 2021•Splitwise
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Group expenses app Tricount settles €500K fundingTechCrunch+•Apr 22, 2016•Tricount, Splitwise, Keytrade, Andover Personnel Agency Inc and 1 other
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