Total raised
$88.5M
Last: Series C 2024-10
Stage
Series C
Founded
2016
Headcount
93
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
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.
Funding history · 5 rounds · $88.5M total
2024-10
Series C
$35.0M
2021-11
Series B
$35.0M
2020-11
Series A
$13.5M
2020-11
Debt Financing
$2.0M
2018-06
Seed
$5.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Obligo Technologies founded and where is its headquarters located?
- Obligo Technologies was founded in August 2016 and is headquartered in Tel Aviv-Yafo, Israel, with an additional office in New York, USA.
- What is Obligo Technologies' primary business offering?
- Obligo Technologies offers a Rental Billing Authorization Solution that allows qualified renters to avoid paying a cash security deposit. Instead, landlords can bill renters up to the deposit amount if a claim arises, using secure access to a bank account.
- What was Obligo Technologies' first recorded funding round?
- In June 2018, Obligo Technologies raised a $5 million Seed round with participation from investors including Entrée Capital and 83North.
- Which investors led Obligo Technologies' Series A funding round in November 2020?
- In November 2020, Obligo Technologies raised a $13.5 million Series A round, led by 10D.
- What was the amount and lead investor for Obligo Technologies' Series B funding round?
- In November 2021, Obligo Technologies raised a $35 million Series B round, led by 83North.
- When did Obligo Technologies complete its most recent funding round, and who were the lead investors?
- In October 2024, Obligo Technologies completed a $35 million Series C round, with True Ventures and 83North as lead investors.
- What is the total amount of funding Obligo Technologies has raised to date?
- According to startupim data, Obligo Technologies has raised a total of $88.5 million across all funding rounds.
- What is Obligo Technologies' employee count?
- Obligo Technologies currently has 93 employees.
- What is a key partnership or innovation announced by Obligo Technologies in 2022?
- In June 2022, Obligo Technologies announced an innovation with Wells Fargo to provide a security deposit alternative utilizing bank-issued Letters of Credit, aiming to alleviate the burden of security deposits for landlords and renters.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Artificial IntelligenceMachine LearningPlatforms & InterfacesAPI
Target customers
ConsumersFinancial & Real EstateTenants & Landlords
Business model
B2CB2B
Tags
personal-financebillingreal-estatefintechproptechmachine-learningproperty-managementlending-and-financingartificial-intelligencefinancial-services