# Obligo

**Source:** https://www.startuphub.ai/startups/obligo
**Profile type:** Startup

> Fintech platform that eliminates security deposits for renters and landlords using open banking.

## About

Obligo is a financial technology company that aims to revolutionize the rental market by removing the need for traditional security deposits. Leveraging open banking, Obligo provides a platform that allows renters to pay a small monthly fee instead of a large upfront deposit, while offering landlords a guarantee against damages and unpaid rent. This creates a more accessible and less burdensome rental experience for all parties involved.

## Key facts

- **Slug:** obligo
- **Website:** https://obligo.com
- **Location:** New York, United States
- **Founded:** 2017-01-01 00:00:00
- **Employees:** 89
- **Operating status:** Active
- **Total funding:** $93M
- **Sectors / tags:** Fintech, Open Banking, Rental, Underwriting, Proptech, Embedded Finance, Payments, Rental Marketplaces, Consumer Finance
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/depositfree/
  - Twitter: https://x.com/MyObligo
  - Facebook: https://www.facebook.com/Myobligo

## Frequently asked

### What does Obligo do?

Obligo is a financial technology company that aims to revolutionize the rental market by removing the need for traditional security deposits. Leveraging open banking, Obligo provides a platform that allows renters to pay a small monthly fee instead of a large upfront deposit, while offering landlords a guarantee against damages and unpaid rent. This creates a more accessible and less burdensome rental experience for all parties involved.

### What is Obligo's revenue?

StartupHub estimates Obligo's annual revenue at $25.2M (range $16.6M to $31.4M, 64% confidence), based on comparable companies in the sector.

### What is Obligo's valuation?

StartupHub estimates Obligo's effective valuation at $393.4M (range $231.3M to $555.0M, 17% confidence), based on comparable companies in the sector.

### How much funding has Obligo raised?

Obligo has raised a total of $93M in funding. The most recent round on record is Series C.

### Where is Obligo headquartered?

Obligo is headquartered in New York, United States.

### When was Obligo founded?

Obligo was founded in 2017.

### What industry does Obligo operate in?

Obligo operates in Fintech, Open Banking, Rental, Underwriting, Proptech, Embedded Finance.

### How many employees does Obligo have?

Obligo has approximately 89 people on record.

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