Obligo Technologies
Rental Billing Authorization Solution
Startup C Fintech & Insurtech Est. 2016
Total Raised
$88.5M
C
Last Round
$35M
5 rounds
Investors
11
11 public
Team
5
51-200 employees
Confidence
91/100
News
11
articles
About
Obligo Technologies is a financial technology company that aims to increase fairness, trust, accountability, and transparency in the tenantlandlord relationship. Obligo Billing Authorization enables qualified renters to keep their cash deposit and only pay if their landlord has a claim. Obligo Billing Authorization provides secure and limited access to a bank account. It enables landlords to bill renters up to the deposit amount in case there is a claim, effectively replacing security deposits.
Classification
Sector
Fintech & InsurtechTrading & Investing
Core Technology
Artificial IntelligenceMachine LearningPlatforms & InterfacesAPI
Target Customer
ConsumersFinancial & Real EstateTenants & Landlords
Business Model
B2CB2B
Tags
personal-financebillingreal-estatefintechproptechmachine-learningproperty-managementlending-and-financingartificial-intelligencefinancial-services
Funding & Events
Oct 2024
C Round $35M
True Ventures (Lead), 83North (Lead), Viola Credit, 10D, HighSage Ventures, MUFG Innovation Partners (MUIP), Entrée Capital
Nov 2021
B Round $35M
83North (Lead), MUFG Innovation Partners (MUIP), HighSage Ventures, La Maison Partners, Alumni Ventures, 10D, Entrée Capital
Nov 2020
Debt Financing $2M
Viola Credit
Nov 2020
A Round $13.5M
10D (Lead), Entrée Capital, 83North, Launchbay Capital
Jun 2018
Seed $5M
Entrée Capital, HFZ Capital Group, Viola Credit, 83North
News (11)
Oct 22, 2024 · www.calcalistech.com
growth-positive
Obligo’s platform for renters and landlords provides a security deposit alternative utilizing bank-issued Letters of Credit supported by Wells Fargo.
InvestmentPartners
Jun 27, 2022 · www.prnewswire.com
growth-positive
Obligo Innovates With Wells Fargo To Help Rid Landlords & Renters From the Burden of Security Deposits
Partners
Jun 6, 2022 · www.prnewswire.com
growth-positive
Landmark Communities Celebrates 3 Years of Deposit-Free Operations with Obligo
Customers
Nov 4, 2021 · www.calcalistech.com
growth-positive
Obligo raises $35 million Series B to streamline rental experience
Investment
Mar 24, 2021 · www.prnewswire.com
growth-positive
Obligo Named the Most Promising Israeli-Founded Fintech Startup in Lending and Financing for 2021
CustomersPartners
Dec 30, 2020 · www.israel21c.org
growth-positive
Banishing the hated rental security deposit
Customers
Nov 18, 2020 · www.calcalistech.com
growth-positive
Obligo raises $15.5 million to push adoption of security deposit solution
InvestmentExpand
Jun 12, 2019 · www.mobilepaymentstoday.com
growth-positive
Obligo enters deal with real estate firm Common to bypass security deposits
Partners
Apr 10, 2019 · www.prnewswire.com
growth-positive
Obligo Unveils First-Ever Free Rental Move-In Payment Solution, Eliminating Certified Checks From Leasing Process
PartnersCustomers
Jan 14, 2019 · www.prnewswire.com
growth-positive
Obligo Integrates with Yardi to Streamline Implementation of Deposit-Free Technology for Top Multifamily Owners and Managers
PartnersCustomersExpand
Jun 5, 2018 · www.calcalistech.com
growth-positive
Real Estate Fintech Startup Obligo Raises $5 Million
PartnersCustomers
Details
Product Stage
Released
Employees
51-200
Exact Count
93
District
Center District
Founded
2016
Registrar
515501799
Crunchbase
obligo
Locations
Retsif Herbert Samuel Street 46, Tel Aviv-Yafo, Israel
368 9th Ave, New York, NY 10001, USA
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
May 22, 2025
Verified by
Jenny Sotnik-Talisman
Missing
video or image, markets, not claimed
Team (5)
Roey Dor
Co-founder & CEO
Founder
Omri Dor
Co-founder & COO
Founder
Eran Heffetz
Co-founder (No longer with the company)
Founder
Yiftah Barouch
CTO
Or Harary
VP R&D