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To make all consumer underwriting more fair by enabling seamless payroll data access between companies and consumers.
New York-based Two Dots is an income and employment verification platform for underwriters. The company is very green so has a narrower focus for now. Starting with large apartment managers, the platform will help underwriters make sure applications earn enough to afford their products.
The current issue faced in real estate is seasonal leasing fluctuation, which means rental application volume is significantly higher in summer months. As income verification is done primarily manually, property managers can’t scale staff to process income and employment docs in the busy season. Using advanced AI, Two Dots offers assistance, with fraud detection services to detect whether an applicant will truly be able to pay their rent on time.
Eventually, the mission is to make all consumer underwriting fairer by enabling payroll data access between companies and consumers. A clear solution to an existing problem, investment from Y Combinator (Monzo, Airbnb), and the founders’ experiences working for Google and Goldman Sachs, makes this a company with great promise.
Kirsty
Company Specialist at Welcome to the Jungle
Oct 2022
$5m
SEED
Mar 2022
$0.6m
SEED
This company has top investors
Henson Orser
(CEO)Previously served as Head of Business Development for Findigs. Experience as an Associate for Goldman Sachs and an Analyst for Fortress Investment Group.
Max Ponte
(CTO)Previous experience as a Software Engineer for Google and Blend, and as an Intern for Fitbit, and Paypal.