# CheckpointID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/checkpointid

- Industry: Software
- Headquarters: Goodyear, US
- Website: www.checkpointid.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Jan 16, 2019)
- Investors on record: 1

## About

CheckpointID, LLC provides innovative identity verification solutions designed to enhance security in property leasing processes. Their technology addresses critical fraud prevention and operational challenges faced by property management companies and real estate developers.Founded in 2016, CheckpointID, LLC operates from Goodyear, US, focusing on identity verification for the leasing sector. The company was acquired by MRI Software LLC, a portfolio company of Harvest Partners, in October 2020 for undisclosed financial terms. Terry Slattery serves as the CEO of the company.CheckpointID offers advanced identity verification services that facilitate fraud prevention during the leasing process. Their main products include CheckpointID, which ensures thorough identity checks for applicants, and MRI Living, which streamlines operations for multifamily housing providers. These solutions cater primarily to property management companies, multifamily housing developers, and real estate investors in the US, Canada, and select European regions. The technology incorporates AI-driven fraud detection and comprehensive applicant screening, enhancing security and operational efficiency for clients.CheckpointID operates on a subscription-based revenue model, enabling clients to access their services continuously. This model includes annual or monthly subscriptions for CheckpointID and other software solutions tailored to property management firms and real estate developers. The flexible pricing plans allow clients to customize their packages, ensuring comprehensive functionalities such as ID verification and automated income verification, which bolsters customer retention and satisfaction.CheckpointID plans to leverage the recent investment from their acquisition by MRI Software to enhance their digital offerings and integrate new applications that improve efficiency for users. This initiative is part of their strategy to broaden their market presence and introduce new products aimed at addressing the evolving needs of the real estate market. Specific geographic expansion targets have not been disclosed, but the recent funding will support efforts to enhance their service capabilities and adapt to market demands.

## Funding rounds

- Series A, Jan 16, 2019, $1.5M — RET Ventures

## Investors

- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Series A