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Snappt acquires Trigo for growth encouragement

PRIVATEAug 08, 2025

Acquiring Company

Snappt

Acquired Company

Trigo

Los AngelesOtherSoftwareReal EstateArtificial Intelligence

Description

Snappt has acquired Trigo as part of its strategy to enhance its growth potential. The acquisition is supported by a $50 million funding round, reinforcing Snappt's commitment to scaling its operations. This move aligns with Snappt's focus on revolutionizing property management through innovative technology. The details of the deal highlight Snappt's aggressive growth trajectory.

Quick answer

Snappt is acquiring Trigo, announced August 8, 2025. Snappt is based in Los Angeles, California, United States.

How much did Snappt pay for Trigo?
The deal value was not disclosed.
What does Snappt do?
Snappt is the leading document verification platform built for the multifamily industry.
Where are Snappt and Trigo based?
Snappt is based in Los Angeles, California, United States.
Who are the decision-makers at Snappt?
Fundz holds 1 contact at Snappt. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Snappt

Location

6100 WILSHIRE BLVD., #1110

Los Angeles, California, United States

About

Snappt is the leading document verification platform built for the multifamily industry. Trusted by 8 of the top 10 NMHC property management companies, Snappt helps property managers and owners reduce bad debt, approve trusted applicants, and protect their communities from fraud. Our AI-powered platform verifies income, confirms identity, and detects document fraud with industry-leading accuracy, analyzing over 12 million documents and preventing more than $1.8 billion in bad debt to date. Snappt is the only provider combining best-in-class verification tools with proactive fraud research, giving operators the confidence to scale smartly and securely.

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Frequently asked

Who acquired Trigo?

Trigo was acquired by Snappt, based in Los Angeles. The deal was reported on August 8, 2025. Snappt is the leading document verification platform built for the multifamily industry. Snappt is privately held and operates in Other.

When did Snappt acquire Trigo?

Snappt's acquisition of Trigo was reported on August 8, 2025. Snappt has acquired Trigo as part of its strategy to enhance its growth potential. The acquisition is supported by a $50 million funding round, reinforcing Snappt's commitment to scaling its operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trigo do?

Trigo uses AI to automate rent verifications, giving lenders and property managers the critical rental data they need to screen applicants and underwrite borrowers. It is privately held, operating in Artificial Intelligence.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.