Obligo

Obligo’s mission is to power the rental experience of the future through trust-building financial technology that eliminates the burden of security deposits. Renters enjoy instant qualification and deposit-free renting while property owners and managers streamline their operations and make their listings more appealing to renters. Obligo is the simplest way to establish trust between renters and landlords worldwide. Harnessing the power of open banking, big data and AI, Obligo is able to determine the risk of both landlords and renters, and assume the risk of the rental transaction. By acting as a trusted 3rd party, Obligo rids both landlords and renters from the burden of security deposits. Deposit-free properties, powered by Obligo, are simpler to operate and much more attractive to renters. Obligo has 30 employees in the TLV office, our R&D center is based in Tel-Aviv (Geula beach!). Obligo is backed by VCs such as 83North, 10D and Entree capital. The 50 most promising Israeli startups - 2024. Obligo raises $35 million Series B to streamline rental experience.