Occupi, a fintech startup based in Birmingham, Alabama, has raised $3.1 million in seed funding to support its growth in the property management sector.
The round was co-led by Fenway Summer and Assurant Ventures, with additional backing from Halcyon Venture Partners and the Sorenson Impact Foundation.
Founded by Taylor Peake (CEO), Emily Hart (COO), and Josh Hornady (Chief Legal Officer), Occupi develops an AI-enabled platform that offers digital payment and tenant screening tools tailored for the real estate industry. Its platform supports over 20 payment methods, including cash wallets, and integrates directly with property managers' general ledger systems.
Occupi primarily serves affordable housing and student living markets, extending across multi-family units, manufactured housing, single-family properties, homeowners associations (HOAs), and housing assistance programs.
The company plans to use the funding to expand its team, particularly in proptech and payment engineering roles, both locally and across the U.S. The capital will also support the broader deployment of its platform and further development of features aligned with housing support programs.
Occupi recently partnered with the Alabama Power Foundation to build tools designed specifically for affordable housing assistance requirements.
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By Proptechbuzz
By Ravi Kumar