What is Reclaim?
Reclaim makes it simple to track IOUs and split expenses with friends, roommates, and groups, so you never lose track of who owes what. Forget the stress and awkward conversations about money. Reclaim gives you a clear, fair, and easy way to settle up.
Problem
Users manually track shared expenses and IOUs through spreadsheets or basic apps + error-prone processes leading to unfair splits, forgotten debts, and awkward conversations
Solution
Group expense management tool that automates IOU tracking, splits bills with AI, and syncs with payment apps, e.g., creating group tabs, real-time balance updates, Venmo/Cash App integration
Customers
Young adults (18-34), US-based millennials, roommates, friend groups, travelers splitting trip costs
Unique Features
AI-powered debt tracking, conflict-free settlement automation, cross-platform payment integration, focus on transparency
User Comments
Simplifies splitting bills in groups
Ends awkward money talks
Real-time transparency reduces disputes
Perfect for roommates and trips
Reliable for tracking recurring expenses
Traction
$4.6M seed funding, 500k+ users, 4.7/5 rating from 2k+ Product Hunt reviews
Market Size
Global peer-to-peer payment market projected to reach $5.7 trillion by 2030 (Statista)
