Revolutionizing Rental Screening: Findigs Secures $27 Million in Series B Funding

June 14, 2024, 3:36 pm
Findigs
Findigs
FinTechHomeLifeManagementPlatformPropertyRentalSoftwareTechnologyTime
Total raised: $27M
Findigs, a cutting-edge startup based in New York City, has made waves in the rental screening industry by raising an impressive $27 million in Series B funding. This significant investment, led by Nyca Partners and joined by existing investors RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital, marks a pivotal moment for the company as it continues to disrupt the traditional approach to tenant screening and leasing decisions.

Founded by Steve Carroll and Keith Gilvar, Findigs is a property technology company that is dedicated to simplifying the rental screening process and making leasing decisions more efficient and effective. With a total funding of $48 million to date, including previous unannounced Series A and Seed rounds, Findigs is well-positioned to expand its screening automation service, grow its team, and enhance its platform and data sophistication.

One of the key offerings from Findigs is DecisionAssist, a comprehensive screening solution that utilizes advanced data analysis from multiple sources, combined with artificial intelligence and human expertise. This innovative approach allows property managers to make informed decisions quickly and accurately, while also detecting potential fraud through sophisticated tools and support from Findigs specialists.

In addition to its cutting-edge screening technology, Findigs has developed an application that caters to a wide range of applicants, including those who may be underbanked. The platform offers robust document analysis capabilities, adheres to WCAG AA accessibility standards, and provides tailored, multilingual support throughout the screening process. This commitment to inclusivity and accessibility sets Findigs apart in an industry that is often plagued by inefficiencies and barriers to entry.

With the new funding in place, Findigs is poised to revolutionize the rental market by offering a more holistic and efficient approach to tenant screening. By leveraging rich data analysis, automation, and advanced fraud detection tools, the company is empowering property managers to grow their communities safely and providing renters with a streamlined path to finding their next home.

As Findigs continues to innovate and expand its offerings, the rental screening industry is poised for a major transformation. With a focus on customer-centric solutions and a commitment to excellence, Findigs is leading the charge towards a more efficient and effective rental market for all stakeholders involved.