S
Splitwise
Helps people calculate bills and split expenses within groups
About Splitwise
Splitwise is a financial technology company that specializes in simplifying expense management for individuals and groups. The platform primarily serves friends, roommates, couples, and anyone who shares expenses regularly. Operating in the personal finance market, Splitwise offers a user-friendly mobile and web application that allows users to track, manage, and settle shared expenses effortlessly. The business model is freemium, offering basic features for free while providing premium features through a subscription service called Splitwise Pro. Revenue is generated from these subscriptions, which offer advanced functionalities such as currency conversion, receipt scanning, and enhanced reporting. Splitwise aims to eliminate the awkwardness and complexity of splitting bills, making it easier for users to maintain financial fairness and transparency in their relationships.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Providence, United States
- Employees
- 52
- Open positions
- 3
- Dealroom signal
- 80.7/100
- Industry
- Travel, Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Billing, Personal Finance, Financial Management, Travel and Expense Management, Freemium, See Cost Management
- Technology
- Mobile app
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Splitwise.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Apr 2021 | $20M | $80M | Insight Partners | — |
| EARLY VC✓Equity / VC | Jul 2018 | $3.8M | $15M | Undisclosed | — |
Growth signals
Latest recorded traffic for Splitwise is 3.6M monthly website visits, up 33.3% over the last three months. Splitwise's team grew 6.1% over the past year.
Open positions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
MassChallenge
Silicon Valley Bank
Andrew Chen
William Guttman
Mastercard Start Path
IDG Ventures
Rocketship
Scott Banister
Great Oaks Venture Capital
Series A3 investors entered at this stage
Bullpen Capital
Clocktower Technology Ventures
Insight Partners
Other known investors7 additional known investors
10X Venture Partners
Commerce.Innovated.
Matrix
Matt Heiman
Ridge Ventures
Walnut Venture Associates
Western Technology Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Splitwise on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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