Snappt
“Can a document fraud detection platform become the full-stack applicant screening and identity verification layer for multifamily residential real estate?”
Founded2016
HQOjai, CA, USA
Total raised$50M+
Latest roundLater Stage VC
IndustryVertical SaaS / Real Estate
The story
Snappt was founded in 2016 to address document fraud in the multifamily rental application process, evaluating pay stubs, bank statements, and other financial documents for manipulation or forgery. Over time the platform expanded from document fraud detection to a broader applicant screening suite, adding criminal, credit, and eviction data retrieval. The company added identity verification powered by CLEAR in a notable product extension, moving from document authenticity into biometric applicant verification.
Product timeline
2016
Snappt founded as a data-driven fraud detection company focused on verifying financial documents submitted during rental applications.· pivot
2024
Launched identity verification product powered by CLEAR biometrics, adding ID authentication to the rental screening platform.· banking
The stack
Accounting gap: none