What is DebtDone?
DebtDone - Effortless Trip Expense Splitting; Tired of awkward IOUs and manual calculations after group trips? DebtDone is your smart, collaborative web app designed to make splitting expenses and settling debts among friends absolutely seamless.
Problem
Users manually track and split group travel expenses via spreadsheets or notes, leading to error-prone calculations and social tensions
Solution
A collaborative web app allowing real-time expense logging, automated splits, and instant debt settlements. Core: automated splitting algorithms and group collaboration features
Customers
Friends or group travelers (ages 18-45), roommate sharers, and trip-organizing colleagues who frequently split costs
Unique Features
Auto-convert shared expenses into payable debts with payment system integrations
Traction
Launched on ProductHunt in October 2023; specific revenue/user metrics unavailable from provided data
Market Size
Global expense management software market projected to reach $6.8 billion by 2023 (Statista)
