Snappt, Inc. announced it raised $1.78 Million in an initial filing from an offering of $1.78 Million
Snappt, Inc. announced it raised $1.78 Million in an initial filing from an offering of $1.78 Million
09/09/19, 6:36 PM
Location
los angeles
Money raised
$1.78 million
Industry
real estate
software
Round Type
seed
Company Info
Location
6100 wilshire blvd., #1110
los angeles, california, united states
Additional Info
Half of evictions are due to fraud. At $7,000 or more per eviction this has become a significant problem for landlords. The best way to avoid evictions is to adequately screen applicants, yet the growing availability of online tools make it easy for applicants to forge their financial documentation. These forged documents are often impossible to spot and none of the current tools landlords use to check applicants have the ability to spot fraudulent financial documentation.
To address this need, Snappt provides a quick and inexpensive service that can accurately spot fraudulent documentation.