The page explains the differences, responsibilities, and risks of guarantors and joint and several obligors, and recommends using a joint and several obligor.
Flourish Ventures co-led Morada Uno’s Series A to support its effort to digitize real estate rentals in Mexico. The company aims to enable faster, safer lease transactions.
Mexico City-based proptech MoradaUno raises a $5.6 million Series A to expand its rental-risk underwriting service. Flourish Ventures and Cometa co-lead the round, with Clocktower Ventures, Picus Capital and Y Combinator also participating. MoradaUno screens and underwrites tenants for brokers, agreeing to cover rent if tenants stop paying; it has worked with more than 4,500 brokers and helped close over 20,000 rentals. The company operates in four Mexican cities and plans to add six more.
Mexican proptech startup Morada Uno raises a $2 million seed round after graduating from Y Combinator. The company brings digital tools to the fragmented residential rental market.