Trigo (YC W23
About Trigo (YC W23
Trigo provides verified, real-time rental data directly from landlords, enabling lenders to assess applicants' creditworthiness based on their rent payment history. This data significantly increases loan approval rates and reduces fraud, addressing the gap in traditional credit scoring that often overlooks renters.
```xml <problem> Traditional credit scoring methods often overlook renters, leading to inaccurate credit assessments and limiting access to loans for a significant portion of the population. Existing credit data is a lagging indicator and fails to capture real-time rental payment behavior, resulting in missed opportunities for lenders and increased risk of defaults. </problem> <solution> Trigo provides verified, real-time rental payment data sourced directly from landlords, enabling lenders to more accurately assess an applicant's creditworthiness. By incorporating this leading indicator, lenders can identify reliable borrowers who may be overlooked by traditional credit scores, leading to increased loan approval rates and reduced first-party fraud. Trigo offers access to granular rent payment history and over 30 additional data points through its console and API, providing a comprehensive view of an applicant's financial behavior. Real-time updates ensure continuous access to the most current rental payment information. </solution> <features> - Direct access to verified rental payment history from landlords - Real-time updates as rent payments occur - Access to 30+ additional data fields related to rental history - Fully-integrated API for seamless embedding into existing applications - Granular data accessible through the Trigo console - High rent data coverage, reaching 75% within 48 hours </features> <target_audience> Trigo's primary customers are mortgage lenders and financial institutions seeking to improve their credit risk assessment and increase loan approval rates by leveraging real-time rental payment data. </target_audience> <revenue_model> Rent data is offered starting at $18 per successful report. </revenue_model> ```
What does Trigo (YC W23 do?
Trigo provides verified, real-time rental data directly from landlords, enabling lenders to assess applicants' creditworthiness based on their rent payment history. This data significantly increases loan approval rates and reduces fraud, addressing the gap in traditional credit scoring that often overlooks renters.
Where is Trigo (YC W23 located?
Trigo (YC W23 is based in Austin, United States.
When was Trigo (YC W23 founded?
Trigo (YC W23 was founded in 2022.
How much funding has Trigo (YC W23 raised?
Trigo (YC W23 has raised 500000.
Who founded Trigo (YC W23?
Trigo (YC W23 was founded by Sam Stein and Abe Wheeler.
- Sam Stein - Co-founder/CEO
- Abe Wheeler - Co-founder/CTO
- Location
- Austin, United States
- Founded
- 2022
- Funding
- 500000
- Employees
- 12 employees
- Major Investors
- Y Combinator