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Padder Underwriting Inc. raises $2.5M in seed funding to expand its renter guarantor platform across Canada and enhance product development.

PRIVATEFeb 25, 2026

Amount Raised

C$2.5 Million

Round Type

Seed

TorontoFinancial ServicesReal EstateLending

Description

Padder Underwriting Inc., a Toronto-based startup, has secured $2.5 million in seed funding. The company aims to expand its insurance-backed guarantor model across Canada's rental markets. This funding will support product development for their flagship product, Padder Guarantor. Founded by CEO Daniel Moss, the company targets new Canadians and self-employed renters facing challenges in the rental market.

Quick answer

Padder Underwriting raised C$2.5 Million in a Seed round, dated February 25, 2026. Padder Underwriting is based in Toronto, Ontario, Canada.

How much did Padder Underwriting raise?
Padder Underwriting raised C$2.5 Million in a Seed round on February 25, 2026.
What does Padder Underwriting do?
Padder Underwriting Inc. is a Toronto-based startup that launched in 2023, focusing on an insurance-backed guarantor platform called Padder Guarantor.
Where is Padder Underwriting based and how big is it?
Padder Underwriting is based in Toronto, Ontario, Canada.
Who are the decision-makers at Padder Underwriting?
Fundz holds 1 contact at Padder Underwriting, including the Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Real Estate around the same time

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

  • Prime Finance raised an undisclosed amount on April 2, 2026.
  • America Mortgages raised $25M (Debt Financing) on March 9, 2026.
  • Rewa raised an undisclosed amount (Seed) on February 26, 2026.
  • KreditBee raised $280M (Funding Round) on April 8, 2026.
  • Beneficient raised $8.8M on April 8, 2026.
  • GoSats raised $5M (Series A) on April 7, 2026.

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Company Information

Company

Padder Underwriting

Location

Toronto, Ontario, Canada

About

Padder Underwriting Inc. is a Toronto-based startup that launched in 2023, focusing on an insurance-backed guarantor platform called Padder Guarantor. This platform aims to assist renters who struggle with traditional approval criteria by improving their chances of securing leases through innovative underwriting practices. The company seeks to expand its services across Canada's rental markets while addressing the challenges faced by modern renters.

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Related People

1 contact
Verified contactsDaniel, Founder hiddenSee plans and pricing
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Padder Underwriting raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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