O.H.I.O. Fund News

Cleveland’s Splash Financial secures $70 million Series C, backed by The O.H.I.O. Fund

Published: September 18, 2025

Cleveland-based Splash Financial has secured more than $70 million in Series C funding, a round that highlights both the company’s rapid growth and the increasing role of Ohio-based capital in scaling local startups. The investment comes as Splash launches a new home equity line of credit (HELOC) product and expands its national lending marketplace.

The round was led by Grand Oaks Capital, with participation from First Tech Federal Credit Union, Curql Collective, The O.H.I.O. Fund, and existing investors. It pushes Splash’s total equity raised to over $135 million since its founding and comes as the company launches a new HELOC product.

This article first appeared in OhioTechNews on September 18, 2025.

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Cleveland’s Splash Financial secures $70 million Series C, backed by The O.H.I.O. Fund

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