Obligo, the fintech company that builds trust between renters and landlords through its suite of flexible security deposit solutions, announced that it has secured $35M in new funding. The investment comes as Obligo experiences a period of rapid growth, driven by recently announced partnerships with property management software companies AppFolio, Buildium, and Yardi.

The funding round, co-led by True Global Ventures and 83North, will fuel the company's continued product innovation, IP development, and expansion of strategic partnerships as it moves closer to achieving profitability. Additional equity and debt investors participating in the round include 10D, Entree Capital, HighSage Ventures, MUFG Innovation Partners, and Viola Credit.