San Diego, United States
Splitero is addressing a crucial gap in the financial services industry by providing homeowners with innovative options to tap into their home equity without incurring new debt or monthly payments. Founded in 2021 and headquartered in the United States, the startup is capitalizing on the rising home values seen in recent years.
The company targets homeowners who are "asset-rich" yet "cash-poor" or have less-than-perfect credit, offering them a viable alternative to traditional mortgage products. This compelling value proposition has already caught the eye of investors.
In its latest funding round on January 17, 2023, Splitero secured a $11.70 million Series A investment. Leading venture capitalists, including Goodwater Capital, Spark Growth Ventures, and Fiat Ventures, among others, have backed the firm, underscoring its potential to change how homeowners access their wealth.
Hometap