HomeUSASplitero Receives $350M Capital Commitment from Blue Owl Managed Funds

Splitero Receives $350M Capital Commitment from Blue Owl Managed Funds

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Spiltero

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 CEOĀ Michael Gifford, SpliteroĀ 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 inĀ Tennessee, Virginia, Arizona,Ā California,Ā Colorado,Ā Oregon,Ā Tennessee,Ā Utah,Ā Virginia, andĀ WashingtonĀ access their equity with no monthly payments or new debt.

FinSMEs

09/12/2024

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