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Obligo

Security deposit replacement platform that's raised $35M to scale across U.S. rental market.

Early-stageUSASeries B+PropTechCapital-backedRenter-focused

Famous for

What Obligo is known for

  • Secured $35M Series B co-led by 83North and True Global Ventures to accelerate rental housing expansion.
  • Replaces traditional security deposits with digital alternatives, addressing friction in millions of U.S. leases.
  • Built partnerships with landlords and property managers to embed deposit solutions at lease signing.

For growth marketers

What it's like to work at Obligo

Early-stage venture-backed company in proptech, post-Series B with clear product-market fit in rental housing. Growth challenge is two-sided: scaling landlord adoption while building renter awareness in a fragmented market. Small, focused team. If you want to own growth in a capital-efficient, regulated category with real unit economics, this is the seat.

About

In their own words

# Obligo Raises $35M to Expand Its Security Deposit Solutions Across Millions of U.S. Homes [...] Co-led by 83North and True Global Ventures, the funding will accelerate the expansion of strategic partnerships and the launch of additional products.‍We're proud to announce that Obligo has secured.

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