Snappt Raises $100 Million In Series A Funding To Accelerate Fraud Protection For Property Managers And Decrease Evictions
Amount Raised
$100 Million
Round Type
Series A
Los AngelesOtherSoftwareReal EstateDescription
Snappt, a PropTech company offering fraud detection for property managers, today announced it has secured $100 million in Series A funding, led by New York-based global private equity and venture capital firm Insight Partners. The company's Series A funding continues the momentum of rapid growth Snappt saw in 2021, including apartment unit and revenue growth of +700%. The new investment will be used to accelerate product development, increase sales and marketing efforts and expand market reach.
Quick answer
Snappt raised $100 Million in a Series A round, dated March 15, 2022. Snappt is based in Los Angeles, California, United States.
- How much did Snappt raise?
- Snappt raised $100 Million in a Series A round on March 15, 2022.
- 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.
- Leasecake raised $12M (Funding Round) on April 25, 2022.
- Agora raised an undisclosed amount (Funding Round) on April 25, 2022.
- Fathom raised an undisclosed amount on April 25, 2022.
- Crusoe raised $505M (Funding Round) on April 21, 2022.
- Wheelhouse raised an undisclosed amount (Funding Round) on April 20, 2022.
- PassiveLogic raised $15M (Funding Round) on April 12, 2022.
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
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Funding Insights
What this usually meansSnappt 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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