Splitero Receives $300M Investment From Antarctica Capital

Splitero, a San Diego, CA-based financial technology company for homeowners, received a $300M investment from Antarctica Capital.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO and Founder Michael Gifford, Splitero is a financial technology company that provides homeowners with tools to access their home equity. It provides a lump sum of cash in exchange for a share of the home’s future value, helping homeowners in California, Colorado, Oregon, Utah, and Washington access their equity with no additional monthly payments or new debt.