Obligo Overview
- Year Founded
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2018
- Status
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Private
- Employees
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99
- Latest Deal Type
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Series C
- Latest Deal Amount
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$35M
- Investors
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12
Obligo General Information
Description
Developer of a financial platform designed to increase fairness, trust, accountability, and transparency in the tenant-landlord relationship. The company's platform helps qualified renters to keep their cash deposit and only pay if their landlord has a claim and provides secure and limited access to a bank account, enabling landlords to bill renters up to the deposit amount in case there is a claim, effectively replacing security deposits.
Contact Information
Website
www.myobligo.comCorporate Office
- 900 Broadway
- 5th Floor
- New York, NY 10003
- United States
Corporate Office
- 900 Broadway
- 5th Floor
- New York, NY 10003
- United States
Obligo Timeline
Obligo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC (Series C) | 21-Oct-2024 | $35M | Completed | Generating Revenue | ||
3. Later Stage VC (Series B) | 04-Nov-2021 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 18-Nov-2020 | $15.5M | $20.5M | Completed | Generating Revenue | |
1. Seed Round | 05-Jun-2018 | $5M | $5M | Completed | Generating Revenue |
Obligo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-1 | ||||||||
Series B | ||||||||
Series A-1 | ||||||||
Series A | 858,000 | $0.010000 | $7.55 | $7.55 | 1x | $7.55 | 17.92% | |
Seed | 530,000 | $0.010000 | $5.71 | $5.71 | 1x | $5.71 | 11.07% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Obligo Comparisons
Industry
Financing
Details
Obligo Competitors (4)
One of Obligo’s 4 competitors is Rhino, a Venture Capital-Backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Rhino | Venture Capital-Backed | New York, NY | ||||
Deposify | Formerly PE-Backed | Boston, MA | ||||
LeaseLock | Venture Capital-Backed | Dallas, TX | ||||
Jetty (Property and Casualty Insurance) | Venture Capital-Backed | New York, NY |
Obligo Signals
Obligo Investors (12)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
True Global Ventures | Venture Capital | Minority | ||
Viola Credit | Venture Capital | Minority | ||
Alumni Ventures | Venture Capital | Minority | ||
MUFG Innovation Partners | Corporate Venture Capital | Minority | ||
Rainfall Ventures | Venture Capital | Minority |
Obligo FAQs
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When was Obligo founded?
Obligo was founded in 2018.
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Where is Obligo headquartered?
Obligo is headquartered in New York, NY.
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What is the size of Obligo?
Obligo has 99 total employees.
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What industry is Obligo in?
Obligo’s primary industry is Financial Software.
-
Is Obligo a private or public company?
Obligo is a Private company.
-
What is Obligo’s current revenue?
The current revenue for Obligo is
. -
How much funding has Obligo raised over time?
Obligo has raised $90.5M.
-
Who are Obligo’s investors?
True Global Ventures, Viola Credit, Alumni Ventures, MUFG Innovation Partners, and Rainfall Ventures are 5 of 12 investors who have invested in Obligo.
-
Who are Obligo’s competitors?
Rhino, Deposify, LeaseLock, and Jetty (Property and Casualty Insurance) are competitors of Obligo.
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