Findigs has raised $32 million in a Series C funding round as the company expands its technology platform for rental housing operators. The funding will support growth across its AI-based leasing decision tools, affordable housing offerings, and newly introduced rent protection products.
The round was led by RPM Ventures. Existing investors Nyca Partners, Frontier Venture Capital, and Western Technology Investment also participated. With this investment, Findigs' total funding has reached $80 million.
Rental housing operators are navigating a more complex market environment. While some regions are experiencing higher vacancy rates, rising operating expenses and affordability challenges continue to affect portfolio performance.
As a result, property owners are looking for tools that help balance occupancy goals with financial risk. Traditional tenant screening methods often require manual reviews and rely heavily on credit-based assessments. However, many operators are now seeking more data-driven approaches to leasing decisions.
Findigs addresses this challenge through an automated approval system designed to simplify applicant evaluation. Instead of providing property managers with risk scores that require interpretation, the platform delivers approval decisions based on resident performance data collected after move-in.
According to the company, this approach helps operators process applications faster while improving long-term revenue outcomes.
“Operators don’t need higher occupancy. They need occupancy that pays,” said Steve Carroll, Co-Founder and CEO of Findigs. “We built Findigs to end the trade-off between filling units and protecting revenue.”
The company's strategy reflects a broader trend within the real estate technology sector. Historically, leasing and screening platforms focused on fraud detection and credit verification. Today, many property owners are placing greater emphasis on resident retention, payment performance, and portfolio profitability.
This shift is similar to changes seen in industries such as lending and insurance, where automated decision engines increasingly support operational decisions.
Consequently, AI-driven tools are becoming a larger part of property management workflows as operators seek greater efficiency and consistency.
Findigs plans to invest part of the new capital into affordable housing solutions. The company intends to strengthen support for programs such as Low-Income Housing Tax Credit (LIHTC) properties and Section 8 housing.
Affordable housing operators often face complex compliance requirements and administrative processes. Therefore, technology solutions tailored to these needs remain an important area of development within the housing sector.
By expanding its capabilities in this segment, Findigs aims to serve a broader range of housing providers.
In addition to leasing decision tools, Findigs is launching rent guarantee offerings. These products are designed to help property owners reduce revenue uncertainty throughout the lease period.
The move expands the company's role beyond applicant screening. Instead, it positions Findigs as a platform that supports both leasing decisions and ongoing revenue protection.
As a result, the company is becoming more closely tied to operational and financial outcomes across multifamily portfolios.
Despite increasing digitization across real estate, rental application reviews remain heavily dependent on manual processes. Many leasing teams continue to rely on legacy systems and internal review procedures.
According to RPM Ventures Managing Director Marc Weiser, the market remains largely underserved by modern decisioning technology.
“Almost all of them still go through tools built for a different decade,” Weiser said. “Findigs is the only product we’ve seen that rebuilt the decision itself.”
Findigs reports that its platform currently supports more than 400,000 apartment units across the United States. The company also states that customers have seen improvements in areas such as lease conversion rates, delinquency performance, and eviction outcomes.
Findigs operates at the intersection of two notable industry trends: the growing use of artificial intelligence in property operations and the increasing focus on financial performance within multifamily housing.
Property owners continue to seek ways to improve net operating income (NOI) while maintaining operational efficiency. Technologies that influence resident quality, payment performance, and leasing outcomes are therefore attracting greater attention.
As the proptech sector evolves, competition may increasingly focus on automating decisions rather than simply digitizing workflows.
If adoption continues to grow, platforms that connect leasing decisions with long-term portfolio performance could become a more common component of the multifamily technology ecosystem.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.