Splitero, Inc.

Based in the US, Splitero, Inc. operates as a provider of innovative home equity investment solutions, enabling homeowners to access their home equity without monthly payments while sharing future property value growth. Splitero, Inc. specializes in home equity investments, allowing homeowners to access home equity in exchange for a share of their property's future value.

Founded in 2021, the company is headquartered in San Diego, US. The founders include David Zvaifler and Michael Gifford, who has previously contributed to entrepreneurial ventures. Splitero has raised a total of USD 350. 00 mn, with its most recent funding round in December 2024, led by Blue Owl Capital.

Splitero specializes in home equity investments, providing a unique financial solution that allows homeowners to access their home equity without the burden of monthly payments. The core offering involves providing cash upfront in exchange for a share of the future value of the homeowner's property. This innovative approach enables clients to utilize funds for various purposes, such as debt repayment, home renovations, or personal investments. Splitero's services cater primarily to homeowners across the United States, particularly targeting markets where home appreciation is significant.

By aligning their interests with homeowners, Splitero positions itself as a partner in wealth creation, ensuring that both parties benefit from the growth in property value. The revenue model for Splitero is built on a partnership structure where the firm invests in the property alongside the homeowner. This model entails receiving a portion of the future appreciation of the home when the homeowner decides to sell or opts to repurchase the equity stake. Clients enter into agreements with defined terms, usually lasting from 10 to 30 years, enabling them to manage their financial obligations effectively.

The absence of monthly payments contributes to the appeal of the service, as clients can allocate resources toward other financial needs. Splitero’s flagship product, the Home Equity Investment, represents a transformative approach in the real estate financing sector, facilitating access to capital in a way that aligns with property value growth trends. The company’s revenue is generated as homeowners appreciate their property and either sell or buy back their investment stake, thus ensuring a revenue stream closely tied to the performance of the housing market. In December 2024, Splitero, Inc.

raised USD 350. 00 mn in venture funding from new investor Blue Owl Capital. The company will utilize this funding to expand its home equity investment model and enter the Tennessee and Virginia markets, aiming to enhance its offerings and reach more homeowners.