Deckard Technologies Secures $6M Growth Credit Facility from Mighty Partners to Power its GovTech Expansion
Deckard Technologies, a leading GovTech data platform helping local governments improve compliance rates and optimising tax revenue collection across property rentals, has secured a $6 million growth credit facility from Mighty Partners. The funding will support Deckard’s expansion into the long-term rentals (LTR) market and accelerate its next phase of growth.
Founded in Australia and headquartered in the United States, Deckard Technologies has achieved over 60% year-on-year revenue growth in the past 12 months. Today, the company serves more than 400 jurisdictions across the US, Canada, and Australia, and empowers local governments in their oversight and compliance of over 250,000 short-term rentals (STR) through its flagship platform, Rentalscape.
Having established Rentalscape as the leading STR compliance solution for local governments, Deckard Technologies is now extending its expertise to long-term rentals. The new LTR platform will equip municipalities with tools to address challenges such as housing affordability, tenant safety, and long-term property compliance, areas where local governments are under growing pressure to modernise oversight.
With the LTR compliance market estimated to be three to seven times larger than the STR market in the U.S. alone, this move also opens new opportunities for Deckard Technologies’ growth.
“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 modernise 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,” said Nick Del Pego, CEO of Deckard Technologies.
“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.”
The funding will also enable Deckard Technologies to expand its sales and client service teams to meet rising demand and support its growing customer base.
Kal Jamshidi, Managing Director at Mighty Partners, added “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”
Deckard Technologies is backed by EVP, which has committed $15.9 million across several rounds, including both primary investment in the company and secondary share purchases. Approximately half of EVP’s portfolio companies utilise venture debt to fuel their growth while optimising shareholder returns.
Allen Zhu, Principal at EVP, commented "We’re delighted to see Deckard secure this growth facility to accelerate the development of a long-term rental compliance product, and invest further into growing their core client base. We’re excited to work with Mighty Partners again, who have been supportive and flexible non-dilutive capital partners to our portfolio.”
This milestone marks the next step in Deckard Technologies's mission to help governments modernise rental housing oversight, ensuring stronger compliance, safer communities, and sustainable growth.
About Deckard
Deckard Technologies is an GovTech company dedicated to helping local governments address residential property-related challenges. Founded in 2018, Deckard Technologies operates globally with offices in the U.S., Colombia and Australia, delivering actionable insights on the business of short-term rentals, long-term rentals, and foreclosures.
About Mighty Partners
Mighty Partners is a Sydney-headquartered growth credit lender providing non-dilutive capital to high-growth private and ASX-listed companies across Australia and New Zealand. The firm focuses on software, technology-enabled businesses, and other innovation-led sectors. Mighty is backed by institutional capital and leading entrepreneurs, including Larry Diamond and Matt Leibowitz.
