Hercules Capital-backed Snappt completed the acquisition of Trigo.

Hercules Capital-backed Snappt, a platform for applicant trust in multifamily housing, completed the acquisition of Trigo, a rental payment history company. Financial terms were not disclosed. “This moment marks a major leap forward for Snappt. With the backing of Hercules Capital and the strategic acquisition of Trigo, we’re not just expanding our platform, we’re accelerating our vision for a fully integrated trust infrastructure that meets the evolving needs of property managers. These combined milestones enable us to deliver faster, more secure leasing decisions while setting a new standard for accuracy and transparency across the rental journey,” James Hyde, Snappt CEO.