Fundz

Snappt has secured $50M in growth financing to acquire Trigo, enhancing its applicant trust platform for multifamily housing, backed by Hercules Capital.

PRIVATEAug 05, 2025

Amount Raised

$50 Million

Round Type

Funding Round

Los AngelesOtherSoftwareReal Estate

Investors

Hercules Capital, Inc.Insight PartnersHercules Capital

Description

Snappt, the leading platform for applicant trust in multifamily housing, has announced its acquisition of Trigo. The acquisition is supported by a $50 million financing facility from Hercules Capital, enhancing Snappt's platform. This move aims to help property managers make faster, more confident leasing decisions. Together, these milestones are set to establish a more complete solution in the rental application process.

Quick answer

Snappt raised $50 Million in a Funding Round round, dated August 5, 2025. Investors: Hercules Capital, Inc., Insight Partners and Hercules Capital. Snappt is based in Los Angeles, California, United States.

How much did Snappt raise?
Snappt raised $50 Million in a Funding Round round on August 5, 2025.
Who invested in Snappt?
Hercules Capital, Inc., Insight Partners and Hercules Capital are named as investors in this round.
What does Snappt do?
Snappt is the leading document verification platform built for the multifamily industry.
Where is Snappt based and how big is it?
Snappt is based in Los Angeles, California, United States. Fundz records about 105 employees.
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.

Who else raised in Real Estate and Software around the same time

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

  • Fathom raised an undisclosed amount (Post-IPO Equity) on September 18, 2025.
  • PassiveLogic raised $74M (Series C) on September 17, 2025.
  • Left Main REI raised $3.7M (Seed) on September 2, 2025.
  • SKYX Platforms raised $6M on September 2, 2025.
  • Three Space Lab raised $3M (Seed) on August 19, 2025.
  • SKYX Platforms raised $153K on August 15, 2025.

Who to call at Snappt, and when

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

  • An alert the day Snappt raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Snappt, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Snappt. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

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.

AI made execution free. Knowing first is the whole game now.

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

Related People

1 contact
Verified contacts6 people are listed at Snappt. We don't have their email yet.See plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Snappt's next move

See what Strategic adds

Snappt 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.

5 screens from a live account. No signup.

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.