Summary:
- Occupi, a Birmingham-based fintech company, secured $3.105 million in seed funding led by Fenway Summer and Assurant Ventures.
- The company, led by its executive team of Josh Hornady, Emily Hart, and Taylor Peake, specializes in payment and screening solutions for property managers, with a focus on affordable and student housing sectors.
- Occupi plans to use the funds to expand its team, scale its solutions across various housing markets, and develop specialized features for affordable housing assistance programs.
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Occupi, a fintech company based in Birmingham, Alabama, recently announced a significant milestone in its journey by raising $3.105 million in seed funding. This investment round was led by prominent investors Fenway Summer and Assurant Ventures, with additional participation from Halcyon Venture Partners and the Sorenson Impact Foundation.
The company, spearheaded by its executive leadership team comprised of Josh Hornady as Chief Legal Officer, Emily Hart as COO, and Taylor Peake as CEO, focuses on providing innovative payment and screening solutions tailored specifically for property managers. Occupi’s cutting-edge AI-powered platform supports over 20 different payment methods, including cash wallets, ensuring seamless transactions that are promptly recorded on the property manager’s general ledger.
Specializing in serving the affordable and student housing sectors, Occupi caters to a diverse range of housing types such as multi-family units, manufactured homes, single-family residences, HOAs, and various housing assistance programs. With a keen emphasis on enhancing operational efficiency and user experience, the company is dedicated to revolutionizing the property management landscape.
Looking ahead, Occupi plans to utilize the newly secured funds to accelerate its growth trajectory. This strategic initiative involves bolstering its workforce by hiring experienced payment and proptech engineers across different regions, expanding its payment and screening solutions to various affordable and student housing markets, and enhancing its feature set. Notably, Occupi recently forged a partnership with the Alabama Power Foundation to develop specialized features that cater to the unique requirements of affordable housing assistance programs.
As Occupi continues to make strides in the fintech space, its commitment to innovation and customer-centric solutions remains unwavering. The company’s forward-thinking approach and dedication to serving the needs of property managers and tenants alike position it as a key player in the evolving landscape of property management technology.
