Splitero Receives $350M Capital Commitment

Dec 10th San Francisco

Splitero is a financial technology company revolutionizing home equity access with an innovative solution that allows homeowners to unlock their property’s value without taking on new debt or monthly payment obligations. By reshaping traditional approaches to housing finance, Splitero is establishing a new benchmark focused on flexibility, transparency, and financial empowerment.

Spiltero has received $350 million in capital commitment from Blue Owl Managed Funds. In addition, Splitero announced today that it expanded its home equity solutions to Tennessee and Virginia to provide more homeowners with access to home equity.

Spiltero, San Diego, California, United States, was founded in 2021 by David Zvaifler and Michael Gifford. “We are excited to collaborate with Blue Owl as we further drive our mission to provide homeowners the support they need,” said Splitero Founder and CEO Michael Gifford. “This investment allows us to ensure that more homeowners can access their home equity to secure their financial future.”

https://siliconvalleyinvestclub.substack.com/p/splitero-receives-350-million-capital?utm_source=podcast-email&publication_id=2702504&post_id=152889756&utm_campaign=email-play-on-substack&utm_content=watch_now_button&r=4egvkj&triedRedirect=true&utm_medium=email

#privateequity #venture #capital #forbes