Occupi Secures $3.1 Million to Enhance Property Management Payments

Occupi, an Alabama-based fintech company, has successfully raised $3.105 million in an oversubscribed seed funding round. The round was co-led by Fenway Summer and Assurant Ventures, with participation from Halcyon Venture Partners and Sorenson Impact Foundation, among others.

The funding will enable Occupi to scale its AI-powered payment and screening platform, which offers a variety of payment options, including digital cash wallets, to property managers. The platform is designed to improve operational efficiency and provide better payment solutions for residents in affordable and student housing sectors.

With the new capital, Occupi plans to expand its team by hiring experienced payment and proptech engineers and to enhance its feature set, including a partnership with Alabama Power Foundation to address affordable housing assistance programs. The company aims to leverage this investment to grow securely and compliantly, while maintaining a focus on impactful partnerships.