MoradaUno underwrites tenant risk for Mexico’s rental market by screening and vetting applicants, verifying income and agreeing to cover rent if tenants default. The company works primarily with real estate brokers and offers optional broker services such as legal and home insurance. MoradaUno launched its product in 2021 after forming in 2020 and is currently live in four Mexican cities with plans to add six more. It has worked with more than 4,500 brokers and helped close over 20,000 rentals. The startup is processing about 1,000 leases per month and aims to reach 3,000 leases per month by next summer. Future product plans include additional fintech services like advance rent payments and building AI tools for brokers.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2024