Snappt, founded in 2019, offers an AI-driven solution that analyzes rental application documents to spot even subtle alterations, helping multifamily property managers reduce bad debt and evictions. The Los Angeles-based company positions itself as a comprehensive platform for establishing applicant trust, combining fraud detection with income verification workflows. To broaden its capabilities, Snappt has acquired Trigo, a New York–based startup that specializes in verifying real-time rental payment history directly from data sources. By integrating Trigo’s technology, Snappt aims to give property managers deeper insight into applicant payment behavior, further tightening risk controls. The company claims its tools streamline leasing processes and save on operational costs by catching fraudulent documents before move-in. Snappt’s growth strategy now includes leveraging external capital to finance both product expansion and strategic acquisitions.

Total raised

$150M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Aug 2025