Findigs Raises $32M Series C as Rental Housing Becomes a Decision Intelligence Market

Findigs, a New York-based PropTech company focused on rental screening and leasing decision software, has raised $32M in Series C funding led by RPM Ventures, with participation from Nyca Partners, Frontier Venture Capital, and Western Technology Investment. The financing brings the company's total funding to $80M. Founded by Stephen Carroll, Co-Founder & CEO, and Keith Gilvar, Co-Founder, Findigs helps residential housing operators automate applicant screening, verify identity and income, reduce fraud risk, and make faster leasing decisions across their portfolios.

The funding was announced on June 2, 2026, and will support expansion into affordable housing workflows, including the Low-Income Housing Tax Credit (LIHTC) and Section 8 Housing Choice Voucher Program, while also helping launch new Rent Guarantee products. The broader significance reaches beyond a single funding round. Investors are increasingly backing companies that sit directly inside high-value operational decisions. Findigs is not simply organizing information. It is attempting to influence the quality of decisions that determine occupancy, delinquency, revenue quality, and long-term portfolio performance.

What Happened

A surprising amount of money in housing is won or lost before a resident ever receives a set of keys. The industry likes to focus on buildings. Investors talk about cap rates. Operators talk about occupancy. Residents talk about rent. Yet a significant portion of portfolio performance is determined during a process that often feels far more manual than people expect: evaluating applicants and deciding who gets approved.

That reality sits underneath Findigs' latest financing. According to the company's official announcement, Findigs raised $32M in Series C funding led by RPM Ventures, bringing total funding to $80M. Existing investors Nyca Partners, Frontier Venture Capital, and Western Technology Investment also participated. The financing additionally brings Hugh R. Frater, former CEO of Fannie Mae and a founding partner at BlackRock, onto the company's board.

Findigs has positioned itself as a leasing decision platform rather than simply another tenant screening provider. That distinction matters. Screening generates information. Decisioning determines what happens next. The difference sounds subtle until millions of dollars are attached to the outcome.

Why This Matters

Rental housing has quietly become a fraud battlefield. Identity fraud, income manipulation, synthetic identity fraud, and increasingly sophisticated application tactics have created a problem many operators never anticipated at scale. At the same time, housing providers face pressure to maintain occupancy while reducing delinquency and eviction risk. Those objectives frequently pull in opposite directions. Approve too aggressively and risk increases. Tighten standards too much and occupancy suffers.

Findigs sits directly in that tension. According to company data, the platform supports more than 400,000 units across hundreds of operators. Customers have reported up to 80% fewer evictions and 90% lower delinquency rates. One customer, McKinley, reported a 46% decline in eviction rates, a 33% reduction in acquisition costs, and occupancy reaching 98.6%.

Operators care about those numbers because they are not marketing metrics. They are operating metrics. A dashboard can impress a board meeting. Lower delinquency improves actual portfolio performance.

Market Context

The rental housing industry has spent years digitizing workflows while leaving major decisions trapped inside fragmented systems. Identity verification often lives in one platform. Income verification sits somewhere else. Background checks appear in another system. Leasing teams become human middleware tasked with stitching together information and making judgment calls under pressure. The result is inconsistency. Inconsistency creates risk. Risk creates losses.

That sequence helps explain why venture investors continue funding software that removes friction from high-value operational decisions. Findigs operates within the broader PropTech sector, specifically rental screening, fraud prevention, and leasing decision infrastructure. The company is part of a larger movement toward decision intelligence platforms. Similar trends are emerging across fintech underwriting, cybersecurity risk assessment, healthcare authorization workflows, and enterprise procurement systems.

The common thread is simple: organizations increasingly want software that helps determine outcomes, not just generate reports. Information alone no longer creates advantage. Better decisions do.

Competitive Landscape

Findigs operates within the broader property technology ecosystem, but its positioning differs from traditional tenant screening providers. The company's platform combines application workflows, identity verification, income verification, fraud detection, screening automation, and leasing decisioning into a single operating layer.

That approach mirrors a larger shift occurring across software markets. The first generation of enterprise software digitized records. The second generation automated workflows. The emerging generation is focused on recommendations, predictions, and decisions.

Investors backing Findigs are effectively betting that housing operators increasingly want systems capable of producing consistent decisions across portfolios rather than simply surfacing more information for staff to review manually. That distinction becomes increasingly important as operators manage larger portfolios with leaner teams.

What This Signals

The most interesting part of the financing may not be the funding amount. It may be where the capital is being deployed. Findigs plans to expand capabilities supporting LIHTC and Section 8 housing programs while introducing Rent Guarantee products. LIHTC remains one of the largest affordable housing financing programs in the United States, while Section 8 supports millions of households through rental assistance.

Affordable housing workflows involve additional compliance requirements, documentation standards, and regulatory complexity. Solving those challenges creates opportunities that extend beyond traditional multifamily operators. Meanwhile, Rent Guarantee products are designed to reduce revenue risk for housing operators when payment disruptions occur during a lease term.

Viewed together, the strategy suggests a company moving from screening applicants toward influencing the economics of the entire lease lifecycle.

The Bigger Industry Shift

Software markets often evolve in predictable stages. First, companies digitize processes. Then they automate processes. Eventually they become responsible for decisions. Housing appears to be entering that third phase.

The significance of Findigs' Series C is not simply that another PropTech company raised capital. It is that investors see value in platforms that improve decision quality inside critical operational moments. For decades, rental screening was largely viewed as an administrative task. Today it increasingly resembles a data problem, a fraud prevention problem, a compliance problem, and a revenue optimization problem all at once.

That complexity creates opportunity. Findigs, RPM Ventures, Stephen Carroll, Keith Gilvar, Hugh R. Frater, Marc Weiser, Adam Boyden, and their investors are betting that the companies controlling decision quality will become some of the most important infrastructure providers in housing. The next few years will determine whether that bet proves as valuable as they believe.

Frequently Asked Questions

What is Findigs?

Findigs is a New York-based PropTech company that provides rental screening, fraud prevention, identity verification, income verification, and leasing decision software for residential housing operators.

How much funding has Findigs raised?

Findigs has raised $80M in total funding, including a $32M Series C led by RPM Ventures.

Who founded Findigs?

Findigs was founded by Stephen Carroll, Co-Founder & CEO, and Keith Gilvar, Co-Founder.

Who invested in the Findigs Series C?

RPM Ventures led the round, with participation from Nyca Partners, Frontier Venture Capital, and Western Technology Investment.

What will Findigs use the funding for?

The company plans to expand affordable housing workflows, enhance its leasing decision platform, and launch Rent Guarantee products.

What is LIHTC?

LIHTC (Low-Income Housing Tax Credit) is one of the primary affordable housing development programs in the United States, providing tax incentives for affordable housing construction and preservation.

Why is rental fraud becoming a bigger issue?

Digital application processes, synthetic identities, income manipulation, and identity fraud have increased the complexity of tenant verification for housing operators.

Why does the Findigs funding round matter?

The financing reflects growing investor interest in decision intelligence software that helps operators improve fraud prevention, leasing outcomes, revenue quality, and operational efficiency across housing portfolios.