Sheffield tech firm Split The Bills, which allows student roommates to manage and split household bills, has been bought for an undisclosed sum.

The firm has been sold to Sheffield-based student accommodation platform UniHomes, which hopes to continue support students after their move with tech to help in handling their bills.

Split The Bills was founded in 2011 by Ashley Tate, who will remain in the business as a minority shareholder.

Phil Greaves, co-founder of UniHomes, said: “Our goal is to become synonymous as the go-to accommodation portal for students, providing the best choice of available properties with the added bonus that bills are included.

“Our vast network of letting agent partners recognise the power of our offering. Adding UniHomes to an agent’s list of portal partners opens the market up to them considerably and, even better, we’re completely free of charge to agents.”

“With the addition of Split The Bills, we look forward to the next chapter of our journey and we’re very excited for 2021!”