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VERO Leasing's mission is to provide fair access to housing through its automated residential leasing platform.
Few candidates hear
back within 2 weeks
-5% employee growth in 12 months
The process of leasing a property can be a daunting task, with property managers having to verify applicant IDs, screen them for fraud, assess credit scores, and conduct other background checks. This process requires a lot of repetitive research and data entry, but unfortunately, it is necessary to avoid the even costlier potential for high-risk renters.
VERO Leasing provides an automated residential leasing platform for lenders, focused on automating repetitive processes such as checks into ID verification, employment, criminal record, and right-to-rent documents. The company claims that this technology can reduce leasing application processes to just 24 hours, whilst guaranteeing that successful applicants have been thoroughly vetted.
Whilst many other startups are innovating within property leasing, these generally specialize in property management workflows or marketplace listings, whereas VERO Leasing has uniquely focussed on automating risk assessments and verifications. The company also claims that its comprehensive background checks can help give lenders more visibility into the trust of an applicant, thus giving residents access to rent when they otherwise may be ineligible.
Kirsty
Company Specialist at Welcome to the Jungle
Apr 2023
$9m
SERIES B
Jun 2021
$5m
SERIES A
This company has top investors
Lou Baugier
(CEO)Experience Working in Portfolio Management for JPMorgan Chase & CO. From 2013 to 2016. Head of Development for RXR from 2016 to 2017.
Joe Ben-Zvi
(COO)Experience as Chief Revenue Officer for Nestio from 2014 to 2017. COO of TheGuarantors from 2017 to 2019.