Using AI to Detect Tenant Fraud with Daniel Berlind, CEO of Snappt
Currently, one in eight applicants (12.2%) commits application fraud. By detecting this fraud, Snappt helped its customers avoid more than $105 million in bad debt in 2021. Over 1,000 multi-family communities use Snappt, including four of the top five pro
Tech Nest: The Proptech Podcast
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Show Notes
More about Snappt and Daniel
Snappt, a PropTech company offering fraud detection for property managers, today announced it has secured $100 million in Series A funding, led by New York-based global private equity and venture capital firm Insight Partners. The company's Series A funding continues the momentum of rapid growth Snappt saw in 2021, including apartment unit and revenue growth of +700%. The new investment will be used to accelerate product development, increase sales and marketing efforts and expand market reach.
Daniel Berlind is a real estate executive and the CEO of Snappt. Dan co-founded Snappt after running his own property management company and noticing a significant, industry-wide financial issue in the multi-family rental industry. Previously, Daniel was a professional baseball player for the Chicago Cubs and Minnesota Twins.
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