Obligo is a technology company.
Obligo has raised $56.0M across 3 funding rounds.
Key people at Obligo.
Obligo has raised $56.0M in total across 3 funding rounds.
Key people at Obligo.
Obligo has raised $56.0M in total across 3 funding rounds.
Obligo's investors include 10D, 83North, Accel, Alumni Ventures, CE Innovation Capital, Entrée Capital Ventures, Insight Partners, Journey Ventures, KittyHawk Ventures, MUFG Innovation Partners, PICO Venture Partners, TCV.
Obligo is a fintech company that builds technology to eliminate traditional security deposits in the rental housing market, thereby simplifying the rental experience for both renters and landlords. It offers a platform leveraging Open Banking and AI to provide flexible, personalized deposit alternatives such as no deposit, reduced deposit, or installment payments. This solution reduces friction at move-in and move-out, enhances operational efficiency for property managers, and builds trust between renters and landlords. Obligo serves property management companies and renters across the United States, currently integrated with leading property management software and trusted in over one million homes. The company has demonstrated strong growth, raising over $90 million in funding as of late 2024 and expanding its product offerings to include a fully embedded, end-to-end deposit management solution launched in 2025[1][2][5].
Founded in 2017 by brothers Roey Dor and Omri Dor, Obligo emerged from their desire to simplify the rental process, inspired by the ease of hotel check-ins and check-outs. They identified the security deposit as a major pain point for renters and landlords alike and set out to create a fintech solution to remove this burden. Early traction came from integrating with top property management systems and gaining adoption in the U.S. rental market. The company has evolved from offering a billing authorization product to a comprehensive deposit management platform embedded within property management workflows, maintaining a steadfast mission to build trust in renting[1][2][3].
Obligo rides the fintech trend of leveraging Open Banking and AI to disrupt traditional financial processes—in this case, the rental deposit system, which has long been a barrier to affordable and efficient renting. The timing is favorable due to increasing demand for renter-friendly solutions, digital transformation in property management, and regulatory pressures to reduce upfront rental costs. By embedding its solution into property management software, Obligo influences the rental ecosystem by setting a new standard of trust and operational efficiency, helping landlords reduce vacancy times and renters avoid large upfront costs. This aligns with broader market forces pushing for transparency, flexibility, and digitization in real estate transactions[1][2][5].
Looking ahead, Obligo is positioned to deepen its impact by expanding its embedded, end-to-end deposit management solution, further simplifying rental operations and enhancing renter experiences. Trends such as increased adoption of Open Banking, AI-driven financial services, and demand for flexible housing solutions will shape its growth trajectory. As it scales, Obligo may influence regulatory frameworks and industry standards around rental deposits, potentially becoming the default platform for deposit management in the U.S. rental market. Its continued integration with property management systems and focus on trust-building will be key to sustaining momentum and broadening its ecosystem influence[2][5].
Obligo has raised $56.0M across 3 funding rounds. Most recently, it raised $35.0M Series B in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $35.0M Series B | 10D, 83North, Accel, Alumni Ventures, CE Innovation Capital, Entrée Capital Ventures, Insight Partners, Journey Ventures, KittyHawk Ventures, MUFG Innovation Partners, PICO Venture Partners, TCV, True Global Ventures | |
| Nov 1, 2020 | $16.0M Series A | 10D, 83North, Accel, Alumni Ventures, Entrée Capital Ventures, Insight Partners, Journey Ventures, MUFG Innovation Partners, PICO Venture Partners, TCV, True Global Ventures | |
| Jun 1, 2018 | $5.0M Seed | 10D, 83North, Alumni Ventures, Entrée Capital Ventures, Insight Partners, MUFG Innovation Partners, True Global Ventures |
