Snappt

Snappt

Real Estate

Los Angeles, CA 20,033 followers

An AI-enabled fraud detection engine dedicated to helping you reduce bad debt and evictions

About us

There are thousands of ways to produce fake documents, and they’re impossible to detect with the naked eye. When these documents slip through your screening process undetected, it can cause some serious damage – think financial losses and a tarnished reputation. Enter Snappt! Our innovative solution empowers property managers to make informed decisions when assessing financial risks. With our AI-enabled fraud detection technology, we swiftly analyze bank statements and pay stubs, effectively stopping fraudsters before they step foot on your property.

Website
http://www.snappt.com
Industry
Real Estate
Company size
51-200 employees
Headquarters
Los Angeles, CA
Type
Privately Held
Founded
2019

Locations

Employees at Snappt

Updates

  • View organization page for Snappt, graphic

    20,033 followers

    We're proud to partner with Inhabit® companies ResMan Property Management Software and ResidentIQ to bring the most accurate and precise fraud detection technology to property management teams nationwide!

    View organization page for Inhabit®, graphic

    6,132 followers

    Here at Inhabit, we're dedicated to going above and beyond to meet our clients' needs. When they face challenges that call for a solution with new features, we assess ways to solve their needs through building new solutions or partnering with companies that are experts in those areas. By teaming up, we're able to provide even more comprehensive solutions that exceed our clients' expectations. 🛡️ A prime example of this type of collaboration is our partnership with Snappt, the leading authority in document fraud detection for residential apartment property managers. Their cutting-edge technology now seamlessly integrates into software solutions offered by ResMan Property Management Software and ResidentIQ’s TenantTech, two of our business units at Inhabit.    Using #PropTech to reduce application fraud is critical. According to a recent National Multifamily Housing Council (NMHC) Pulse Survey, fraud is on the rise: 93% of respondents reported experiencing fraud in the past 12 months. The survey was conducted from November 15, 2023, to January 9, 2024, with responses from NMHC and National Apartment Association (Naahq) members representing PMCs, apartment owners, and developers. If you are not already using fraud detection technology in your tech stack, now is the time.     For more information on fraud detection solutions for the residential multifamily market, visit   https://lnkd.in/e24r2WwF       #Inhabit #CustomerService #FraudDetection #PropertyManagement #multifamily  

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  • View organization page for Snappt, graphic

    20,033 followers

    Snappt has now analyzed over 8 MILLION documents 🎉 Our team is constantly improving and evolving our technology to stay ahead of fraudsters, who are always finding new ways to deceive businesses. Through each document analyzed, we gain valuable insights that help us identify patterns and trends in fraudulent activities. Surpassing 8 million documents reviewed proves our dedication to delivering top-notch fraud detection services for our customers.

  • View organization page for Snappt, graphic

    20,033 followers

    One of the key steps in the tenant screening process is verifying proof of income. Making sure an applicant has a stable, sufficient income is crucial to safeguard your rental property and ensure rent payments are made on time. However, some applicants might get creative with their income documents to snag a lease. Our recent article sheds light on sneaky ways renters pull off fake proof of income and shares smart tips for spotting these tricky scams 🔍 https://hubs.ly/Q02DYrYF0

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  • View organization page for Snappt, graphic

    20,033 followers

    We're still thinking about National Apartment Association (Naahq) Apartmentalize 💥 We had such an amazing time connecting with other industry professionals and learning about the latest trends in the multifamily world. Our team loved educating attendees on the evolving landscape of fraud and how our Applicant Fraud Detection and Income Verification Suite can help property managers protect themselves and their residents. If you missed our announcement, head over to our website to check out Snappt's latest and greatest innovations coming your way ➡ https://snappt.com/

  • View organization page for Snappt, graphic

    20,033 followers

    Last week, Snappt stole the show at NAA Apartmentalize in Philadelphia ✨ The week kicked off with our biannual Customer Advisory Board meeting, where we discussed current market trends and received valuable feedback from our clients, including Brookfield Properties, Bozzuto Management, Northwood Ravin, Pearlmark, and several other top operators. On Thursday morning, Snappt took the next step in the evolution of its product journey, launching our new Applicant Fraud Detection and Income Verification Suite. This fall, users will be able to access automated income calculation and connected payroll powered by Argyle, which will provide increased functionality and streamline the verification process for property managers. We met with key partners throughout the event, including Entrata, ResMan Property Management Software, and Yardi. We had nearly 100 client interactions with groups such as Greystar, Asset Living, Tides Equities, Trilogy Real Estate Group, and many more. Finally, in the spirit of “work hard, play hard,” the Snappt team attended the Ja Rule concert on Thursday night, hosted by Genesis and Bend. We had a blast meeting everyone and can’t wait for an even bigger and better Apartmentalize in 2025 in Las Vegas! 🎉

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  • View organization page for Snappt, graphic

    20,033 followers

    #Apartmentalize2024 is off to a great start 💫 Didn't get a chance to stop by today? Don't worry! You can still say hi to Sherlock tomorrow at booth #2007! Come chat with us about the latest fraud trends and our brand-new Applicant Fraud Detection & Income Verification Suite. We can't wait to see you all!

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  • View organization page for Snappt, graphic

    20,033 followers

    Today, Snappt is excited to unveil our newest product: Income Verification! 🎉 Property managers nationwide will be able to safeguard their communities with our comprehensive solution - the Applicant Fraud Detection and Income Verification Suite. This suite leverages our market-leading fraud detection technology, renowned for its impressive accuracy and precision. Key features include: 🔹 AI-Powered Fraud Detection: Leverage advanced AI algorithms to detect a variety of fraudulent documents, flag fraudulent patterns, and check against a blacklist of known bad actors. 🔹 Comprehensive Income Verification: Quickly verify applicant income with unparalleled accuracy through real-time income retrieval and connected payroll powered by Argyle, minimizing the risk of income-related fraud. 🔹 Fast and Accurate ID Verification: Confirm applicant identities with best-in-class biometric technology, front and back ID scans, and the ability to scan 4,600+ global IDs. Read more about our latest innovation here: https://lnkd.in/gqh67VBG

  • View organization page for Snappt, graphic

    20,033 followers

    Today, Snappt proudly commemorates Juneteenth, a day of profound historical importance that symbolizes the liberation of the final enslaved African Americans in the United States on June 19, 1865. This day is not only a celebration of freedom but also a reflection on the ongoing journey towards equality, justice, and inclusion.

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  • View organization page for Snappt, graphic

    20,033 followers

    It's almost here! We're at National Apartment Association (Naahq) Apartmentalize THIS WEEK 🎉 Stop by booth #2007 to learn about the latest fraud trends and meet with our sales and partnerships teams to discover the groundbreaking innovations we’re bringing to the multifamily industry. It's not too late to schedule a meeting with our team! Setting up a meeting enters you for a chance to win a luxurious Hawaiian vacation 🌴 Book time with us here: https://lnkd.in/gnTZfHQF

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Funding

Snappt 4 total rounds

Last Round

Series A

US$ 100.0M

See more info on crunchbase