Splash Financial, a leading AI-enabled lending marketplace, announced it has secured more than $70 million in a Series C funding round and launched a new home equity line of credit (HELOC) product.

Splash connects consumers with a network of credit unions and banks through automated loan processing technology, helping traditional lenders deliver modern, frictionless borrowing experiences at competitive rates.

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. With this latest funding, Splash has now raised more than $135 million in total equity funding since its founding and processed over $6 billion in loans.