Tricount offers a simple app and web interface that lets users input group expenses and automatically computes who owes whom, minimising the number of reimbursements required. Key product features include no-signup onboarding, an offline mode for travel, and both native mobile and web versions. The app targets use cases such as holidays with friends, shared housing, parties and couple finances, and competes with services like Splitwise and Splittable. Tricount has nearly 600,000 users and was on track to hit 1 million users in the year of the article. Monetisation is currently limited to modest advertising revenue; the company plans to add in-app payment processing for settling up and may introduce premium features. The product began as a side project around 2010 and until the disclosed round had been entirely bootstrapped.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2016