.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners led a $20m Series A round in Splitwise.

Financials

Edit Data
Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

FinTech

Friendly

Private Equity

Completed

United States

interpersonal finance app

Minority

Venture Capital

Acquisition

Domestic

Private

Single Bidder

Synopsis

Edit

Insight Partners, a global venture capital and private equity firm, led a $20m Series A round in Splitwise, an interpersonal finance app for sharing expenses with friends and family. "Amid Covid-19, Splitwise was more important than ever for people who live together, allowing them to share costs of daily essentials when they were hard to come by. I'm even more excited about the year ahead as the world reopens to travelers, who will also benefit massively from sharing expenses with Splitwise," Jon Bittner, Splitwise CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US