Spiltero, a San Diego, CA-based financial technology company for homeowners, received $350M in capital commitment from Blue Owl Managed Funds.
The company intends to use the funds to ecpand its business reach across homeowners.
Led by Founder and CEO Michael Gifford, Splitero is a financial technology company that provides homeowners better options to access their home equity. It provides a lump sum of cash in exchange for a share of the home’s future value. The company can help homeowners in Tennessee, Virginia, Arizona, California, Colorado, Oregon, Tennessee, Utah, Virginia, and Washington access their equity with no monthly payments or new debt.
