Deckard Technologies, a GovTech data platform helping local governments improve compliance rates and optimise tax revenue collection across property rentals, has secured a $3.9m growth credit facility from Australia-based Mighty Partners.
The funding will support Deckard’s expansion into the long-term rental (LTR) market and accelerate its next phase of growth.
Founded in Australia and now headquartered in the United States, Deckard Technologies has built a strong presence in the GovTech sector. The company has achieved more than 60% year-on-year revenue growth in the past 12 months and today serves over 400 jurisdictions across the US, Canada, and Australia.
Through its flagship platform, Rentalscape, it enables local governments to oversee and ensure compliance for more than 250,000 short-term rentals (STR).
Having already established Rentalscape as a leading STR compliance solution, Deckard is now expanding into long-term rental oversight. The new platform will provide municipalities with digital tools to address issues such as housing affordability, tenant safety, and property compliance.
The funds will also enable Deckard to expand its sales and client service teams, boosting capacity to meet rising demand from local governments and support its growing customer base.
Deckard Technologies CEO Nick Del Pego said, “This growth credit facility from Mighty Partners represents a significant step forward for Deckard Technologies as we expand our mission of empowering local governments with cutting-edge tools to modernize property oversight. By entering the long-term rental market, we’re addressing some of today’s most pressing municipal challenges, like housing affordability and tenant safety, while unlocking a market opportunity that is multiple times larger than short-term rentals.”
He added, “The non-dilutive funding allows us to accelerate innovation and growth while maintaining our vision and control, ensuring we continue delivering value to our customers and communities worldwide.”
Mighty Partners managing director Kal Jamshidi said, “At Mighty we back ambitious operators solving real-world problems with technology. Deckard has already proven itself as the market leader in STR compliance, and its move into long-term rentals is both timely and transformative. This is exactly the kind of disciplined, non-dilutive growth credit we want to provide: fueling expansion while letting founders retain control of their business.”
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