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Occupi, a Birmingham, Alabama-based fintech focused on facilitating payment and screening solutions for property managers, announced the successful completion of an oversubscribed seed funding round that raised $3.1 million.

Fenway Summer and Assurant Ventures co-led the round, which also included strategic investments from social impact venture capital firms Halcyon Venture Partners and Sorenson Impact Foundation as well as private investors. Occupi stated the oversubscribed round enables it to scale its payment and screening solutions across affordable and student housing sectors in multifamily, manufactured, and single-family markets.

“With this funding, we’re positioned to responsibly scale and deliver true payment optionality to residents, while removing operational friction for property managers,” said Josh Hornady, Occupi’s chief legal officer. “We’re honored to have the support of institutional and individual investors whose deep expertise in finance, housing, and compliance strengthens our foundation. Their backing equips us to grow securely, compliantly, and with lasting impact.”