Fundz

Obligo Raises $35M In Series B To Power The Home Renting Experience Of The Future

PRIVATENov 04, 2021

Amount Raised

$35 Million

Round Type

Series B

New YorkFinancial ServicesSoftwareinformation technology & services

Description

Obligo, the fintech company that builds trust between renters and landlords, today announced a Series B funding of $35 million led by investor 83North. Additional investors participating in the round include HighSage Ventures, 10D, Entrée Capital, Alumni Ventures, MUFG Innovation Partners, La Maison Partners and other strategic investors.

Quick answer

Obligo raised $35 Million in a Series B round, dated November 4, 2021. Obligo is based in New York, New York, United States.

How much did Obligo raise?
Obligo raised $35 Million in a Series B round on November 4, 2021.
What does Obligo do?
Obligo rids both landlords and renters of the burden of security deposits, lowering costs, increasing cash flow and simplifying the move-in process.
Where is Obligo based and how big is it?
Obligo is based in New York, New York, United States.
Who are the decision-makers at Obligo?
Fundz holds 4 contacts at Obligo, including the VP Partnerships. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and information technology & services around the same time

Companies in the same sectors as Obligo that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Extend raised $40M (Funding Round) on October 27, 2021.
  • Rokt raised $325M (Series E) on December 16, 2021.
  • Stack raised $4.5M (Seed) on December 16, 2021.
  • Bureau raised $12M (Series A) on December 16, 2021.

Who to call at Obligo, and when

A new round usually means Obligo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Obligo

Location

New York, New York, United States

About

Obligo rids both landlords and renters of the burden of security deposits, lowering costs, increasing cash flow and simplifying the move-in process. Owners and managers use Obligo to streamline their operations, comply with changing regulations, make their listings more appealing to renters, and incentivize renewals. As the only non-insurance deposit alternative, Obligo's credit-based solution keeps landlords secure and renters accountable by combining Open Banking technology with AI-based underwriting and collection capabilities. Since launching its fintech solution in 2018, Obligo has established partnerships with leading property managers across the US.

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Fundz sees it the moment Obligo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsCasey W., VP Partnerships hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Obligo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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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.