Obligo
Debt Financing in 2024
Obligo, Inc. is a financial technology company based in New York, established in 2017, that offers innovative solutions to eliminate the traditional security deposit requirement for renters and landlords. Through its unique platform, Obligo allows tenants to provide landlords with a limited credit-backed billing authorization instead of cash deposits, significantly streamlining the move-in process. This model enables landlords to secure their interests while giving tenants the ability to hold onto their cash. In the event of property damage or claims at the end of a tenancy, Obligo facilitates immediate payments to landlords while permitting tenants to repay the claim in manageable installments. By leveraging Open Banking technology and AI-based underwriting, Obligo aims to enhance fairness, trust, and transparency in the tenant-landlord relationship.
Summer is a property management company that specializes in facilitating access to vacation homes through a unique rent-to-own program combined with short-term rentals. The company operates a homeownership platform designed to assist clients in purchasing second homes while also offering the opportunity to rent them out. By lowering entry and ongoing costs and minimizing the complexities associated with traditional real estate transactions, Summer enables users to easily find move-in-ready homes or select their ideal second home. Through its services, Summer aims to simplify the process of homeownership and enhance the vacation rental experience for clients.
Grover is an online platform that allows consumers to rent a wide variety of tech products through monthly subscriptions. With a catalog of over 3,000 items, Grover offers access to smartphones, laptops, VR gear, wearables, and smart home appliances. The company's business model emphasizes sustainability by refurbishing and re-circulating returned products, thereby extending their lifespan and minimizing electronic waste. By enabling users to rent instead of purchase, Grover provides an affordable alternative for accessing consumer electronics. The company operates in multiple markets, including the United States, Germany, Austria, the Netherlands, and Spain.
Grover is an online platform that allows consumers to rent a wide variety of tech products through monthly subscriptions. With a catalog of over 3,000 items, Grover offers access to smartphones, laptops, VR gear, wearables, and smart home appliances. The company's business model emphasizes sustainability by refurbishing and re-circulating returned products, thereby extending their lifespan and minimizing electronic waste. By enabling users to rent instead of purchase, Grover provides an affordable alternative for accessing consumer electronics. The company operates in multiple markets, including the United States, Germany, Austria, the Netherlands, and Spain.
Home365 is a pioneering company in the property management sector, offering an innovative Management as a Service (PMaaS) model tailored for single family rentals. By utilizing data analysis and AI-driven technology, Home365 predicts maintenance needs and provides property owners with flat monthly rates that can be significantly more affordable than traditional management options. These rates encompass comprehensive services, including management, maintenance, and vacancy insurance, delivered through a user-friendly web and mobile platform. The company collaborates with a network of reliable vendors, ensuring efficient execution of services and improved profitability for property owners. Home365 enhances the investment experience by providing predictability and peace of mind, while simultaneously improving tenant satisfaction through streamlined communication and service delivery.
Grover is an online platform that allows consumers to rent a wide variety of tech products through monthly subscriptions. With a catalog of over 3,000 items, Grover offers access to smartphones, laptops, VR gear, wearables, and smart home appliances. The company's business model emphasizes sustainability by refurbishing and re-circulating returned products, thereby extending their lifespan and minimizing electronic waste. By enabling users to rent instead of purchase, Grover provides an affordable alternative for accessing consumer electronics. The company operates in multiple markets, including the United States, Germany, Austria, the Netherlands, and Spain.
Grover is an online platform that allows consumers to rent a wide variety of tech products through monthly subscriptions. With a catalog of over 3,000 items, Grover offers access to smartphones, laptops, VR gear, wearables, and smart home appliances. The company's business model emphasizes sustainability by refurbishing and re-circulating returned products, thereby extending their lifespan and minimizing electronic waste. By enabling users to rent instead of purchase, Grover provides an affordable alternative for accessing consumer electronics. The company operates in multiple markets, including the United States, Germany, Austria, the Netherlands, and Spain.
Obligo, Inc. is a financial technology company based in New York, established in 2017, that offers innovative solutions to eliminate the traditional security deposit requirement for renters and landlords. Through its unique platform, Obligo allows tenants to provide landlords with a limited credit-backed billing authorization instead of cash deposits, significantly streamlining the move-in process. This model enables landlords to secure their interests while giving tenants the ability to hold onto their cash. In the event of property damage or claims at the end of a tenancy, Obligo facilitates immediate payments to landlords while permitting tenants to repay the claim in manageable installments. By leveraging Open Banking technology and AI-based underwriting, Obligo aims to enhance fairness, trust, and transparency in the tenant-landlord relationship.
Obligo
Debt Financing in 2018
Obligo, Inc. is a financial technology company based in New York, established in 2017, that offers innovative solutions to eliminate the traditional security deposit requirement for renters and landlords. Through its unique platform, Obligo allows tenants to provide landlords with a limited credit-backed billing authorization instead of cash deposits, significantly streamlining the move-in process. This model enables landlords to secure their interests while giving tenants the ability to hold onto their cash. In the event of property damage or claims at the end of a tenancy, Obligo facilitates immediate payments to landlords while permitting tenants to repay the claim in manageable installments. By leveraging Open Banking technology and AI-based underwriting, Obligo aims to enhance fairness, trust, and transparency in the tenant-landlord relationship.
Sweet Inn
Debt Financing in 2018
Founded in 2014 by Paul Besnainou, Sweet Inn is a booking platform offering hotel services tailored for tourists and business travelers. It operates under a distributed hotel model in popular destinations across Europe and Israel, providing fully-equipped apartments with local character.