Currently, one in eight applicants (12.2%) commits application fraud. By detecting this fraud, Snappt helped its customers avoid more than $105 million in bad debt in 2021. Over 1,000 multi-family communities use Snappt, including four of the top five property management firms in the US, helping their leasing teams reduce fraud, minimize evictions and speed up the leasing process. Daniel Berlind is the co-founder and CEO of Snappt. In this interview, he gets into the details of why detecting fraud in a historically paper-driven industry is only getting more difficult due to the ease at which someone can falsify documents. This further illustrates the need to consider adopting new tech and processes to avoid renting units to those who may not be who they represent themselves as. Snappt has uncovered a very large problem hiding in plain sight and is building very quickly. Snappt has raised $100 million to date; giving them the resources to develop and distribute their tech.