Company Overview
Snapshot
Founded in May 2017, Wecheck operates with 11–50 employees. The company has raised $12,000,000 across one funding round from 2 investors. In May 2018, Wecheck secured its A Round funding, with Bank Hapoalim (IsraCard) participating as a lead investor.
Business overview
Wecheck provides a comprehensive platform for landlords, offering in-depth personal and financial background checks on prospective tenants. The company also guarantees rent payments, providing financial security to landlords by securing an entire year's rent in advance. Operating within the Fintech & Insurtech sector, Wecheck serves the real estate market, specifically targeting residential property management, with a focus on risk assessment and underwriting solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Wecheck's primary business?
- Wecheck provides landlords with tenant background checks and a rent payment guarantee service, ensuring financial security by covering a full year's rent if a tenant defaults.
- When was Wecheck founded?
- Wecheck was founded in May 2017.
- How much capital has Wecheck raised?
- Wecheck has raised a total of $12 million in funding.
- Who are the key investors in Wecheck?
- In May 2018, Wecheck received funding from Bank Hapoalim (IsraCard).
- What market challenges does Wecheck address?
- Wecheck addresses the challenges landlords face with tenant reliability and rent payment, particularly highlighted by market conditions such as rising rental costs in Tel Aviv in April 2020, which can lead to tenant turnover and financial instability.