TLDR:
- Findigs announced $27M in Series B funding led by Nyca Partners.
- The funding will be used to expand screening automation services and grow the team.
Findigs, a property technology company simplifying rental screening and leasing decisions, closed $27M in Series B funding. The round was led by Nyca Partners, with participation from existing investors. This financing will be used to expand their screening automation service, grow their team, and increase platform and data sophistication. The company aims to address the complexities of rental underwriting and deliver value back to renters with a fair and simple experience.
Approval to rent a home in the U.S. can be complicated for renters, with unclear criteria and growing instances of fraud. Findigs is changing this with its unique approach, combining fraud detection and ruleset orchestration to improve the rental decision process and reduce bad debt for operators. The company also launched DecisionAssist, a full-service screening offering that automates decision rulesets systematically and provides advanced fraud detection tools.
Findigs is focused on accommodating the unique needs of every renter, with an easy-to-use application, broad document analysis capabilities, and tailored support. The company’s ambition is to create a more effective and fairer model for underwriting to make renting work for everyone.
