Industry leading real estate tech firm part of a powerful group of startups that are solving significant challenges in their respective industries
Los Angeles– September 12, 2018 – Snappt, a modern way to screen applicants in the property management industry, was chosen as one of the 18 startups in the 2018 Dreamit Fall Cohort. Selected from a pool of 1,300 applicants they will be embarking on a journey of networking, growth and one-on-one time with investors.
Snappt was chosen for the Dreamit’s cohort because of the acute problem its software solves in the real estate industry and the uniqueness this platform will bring to the market. Started by a team of landlords, Snappt knows first-hand what value its service will bring to the real estate world.
“Snappt is thrilled to be a part of this elite accelerator and can’t wait to learn, grow, network and nurture the hard work that has been done up to this point,” says Daniel Berlind, co-founder and CEO of Snappt. Dreamit Ventures is a fund and accelerator which focuses on startups with revenue that are ready to scale, and Snappt could not be more thrilled to be a part of this elite group.
Dreamit describes the cohort on their websiteas, “During the next 14 weeks, our team will provide the startups with access to extensive customer, industry, and investor networks. During two weeks of Dreamit Customer Immersions, founders will meet with senior leadership at some of the largest real estate and construction firms. As Dreamit’s focus during acceleration is to have startups close their next round within six months after the program, the capstone is a 2-week bi-coastal curated investor roadshow where startups meet one-on-one with interested investors.”
In a world of outdated technologies, Snappt provides a one-stop solution for large and midsize landlords looking to simplify their application process. Snappt enlists Resident DNA, which is the fastest and most accurate way to analyze a prospective resident. Snappt’s proprietary Resident DNA Algorithm presents a resident with a qualification score that factors in data from the application, credit report, banking data, job history, and potential fraud and filters it through a property management’s own acceptance criteria.
Benefits of Snappt’s offerings for property managers include:
· Lowers evictions
· Decreases fraud
· Improves and ensures compliance
· Fills vacancies faster with more accurate screening
· Saves money and time during the leasing process
· Enhances efficiencies - take the rental process anywhere you are (phone, tablet, laptop)
Connect with Snappt
Snappt, a real estate technology company, has streamlined the rental application process for residential apartments and homes. Snappt was designed to handle this process for the largest institutional property owners in the United States, changing what is currently a multi-day ordeal into an instant approval/denial. Snappt is able to authenticate self-reported information as well as instantly retrieve criminal, credit, and eviction data.
Our goal at DreamIt is simple: Help great people build great companies. Dreamit is designed to catapult early stage ventures forward by providing startups all the resources they need to succeed in a compressed period of time. Companies accepted into the program often have little more than an idea. Dreamit provides a small stipend, dedicated mentors with domain expertise, and communal office space where entrepreneurs are surrounded by other entrepreneurs building their businesses. The program culminates on Demo Day when the companies present their businesses to investors, strategic partners, professionals and other entrepreneurs. In less than 3 years Dreamit has launched 36 companies including, SeatGeek, Postling, SCVNGR, Notehall, Parse.ly, TidalLabs, Easel, MindSnacks, Adaptly, and more. For more information visit: www.dreamitventures.com.