Snappt

Los Angeles, United States Founded: 2016 • Age: 10 yrs
AI-based fraud detection in tenant documents for landlords is provided.
Annual revenue - Latest available
Total funding $101.8M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Snappt

Snappt is a company based in Los Angeles (United States) founded in 2016 by Daniel Berlind. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Snappt has raised $101.78 million across 3 funding rounds from investors including Insight Partners and Dreamit. Snappt has completed 1 acquisition, including Trigo. Snappt offers products and services including Applicant Trust Platform, Document Fraud Detection, Income Verification, Identity Verification, and Verification of Rent. Snappt operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, among others.

  • Headquarter Los Angeles, United States
  • Founders Daniel Berlind
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services Real Estate & Construction
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $101.78 M (USD)

    in 3 rounds

  • Latest Funding Round
    $100 M (USD), Series A

    Feb 23, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Snappt

Snappt offers a comprehensive portfolio of products and services, including Applicant Trust Platform, Document Fraud Detection, Income Verification, Identity Verification, and Verification of Rent.

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Primary

Fraud detection and verification platform for property managers.

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Analyzes metadata to confirm authenticity of submitted documents.

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Verifies applicant income from traditional and non-traditional sources.

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Confirms applicant identity using biometric and multiple checks.

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Confirms rental payment history for reliable leasing decisions.

People of Snappt

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Daniel Berlind
Executive Chairman

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Teams

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Funding Insights of Snappt

Snappt has successfully raised a total of $101.78M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $100 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Snappt

Snappt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Insight Partners and Dreamit.

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Venture Fund
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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Startup accelerator
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Investor details for Snappt

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Snappt

Snappt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trigo.

Investments
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Investment portfolio details for Snappt

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Rent history data is provided for tenant and loan screening.
Locked Locked 2022 Locked
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Complete acquisition details for Snappt

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  • Domains and locations

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Financial Statements - Snappt

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Detailed financials for Snappt

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Snappt Comparisons

Snappt Primary company
Description
AI-based fraud detection in tenant documents for landlords i...
Location
Los Angeles, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Snappt

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Competitors of Snappt

Snappt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Provider of fraud prevention and payment validation for online retailers
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Identity verification solutions are provided for multiple industries digitally.
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Detailed competitors of Snappt

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Latest news on Snappt

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Complete news archive for Snappt

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Frequently Asked Questions about Snappt

Snappt was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Snappt is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Snappt is a funded company, having raised a total of $101.78M across 3 funding rounds to date.

Snappt is established as a leader in fraud detection and verification software, primarily serving the property management sector. Solutions are developed to safeguard properties from fraud through advanced AI technology and human expertise. The Applicant Trust Platform is designed to verify income, identity, and rental history, ensuring confident leasing decisions. Comprehensive fraud checks and real-time monitoring are integrated to protect businesses at every stage. Partnerships with major property management software providers like Entrata, RealPage, and Yardi are maintained to enhance service delivery and scalability.

Snappt's top competitors include ComplyAdvantage, Riskified and Quantexa.

Snappt offers Applicant Trust Platform, Document Fraud Detection, Income Verification, Identity Verification, and Verification of Rent.

Snappt has made 1 acquisition, including Trigo.

Snappt has 2 investors. Key investors include Insight Partners, and Dreamit.

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