Snappt Acquires Trigo; Secures $50M Growth Facility from Hercules Capital
August 7, 2025
Snappt, an AI-powered applicant trust platform for multifamily housing, has acquired Trigo, a rent‑verification technology provider, and secured a $50 million committed growth facility from Hercules Capital. The acquisition integrates Trigo’s verified rental payment history capabilities into Snappt’s fraud‑detection and applicant screening platform to speed leasing decisions and improve tenant qualification signals.
- Buyers
- Snappt, Inc., Hercules Capital, Inc.
- Targets
- Trigo, Inc.
- Industry
- Real Estate
- Location
- New York, United States
- Transaction Type
- Buyout
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