Weevva, the Newfoundland and Labrador startup that helps landlords and tenants manage rentals with confidence, has been accepted into the 2025 cohort of the Innovate Financial Health Lab.
The IFH Lab is a national accelerator that supports startups that aim to improve the financial conditions of Canadians. The organization named six fintech startups to the latest cohort earlier this month, and Weevva was the only startup from the Atlantic region.
The accelerator will hold its virtual showcase Thursday from 5:30 to 7 pm Newfoundland time. You can register here.
Founded by CEO Matt Creese, Paradise, NL-based Weevva has developed AI-supported software that provides independent landlords with tenant verification, fraud protection, lease management tools, and guidance. It offers tenants a free and secure way to find housing, eliminate rental scams, and access expert guidance.
Creese recently told Entrevestor his own experiences as a renter and landlord made him realize that landlords receive many applications but lack the tools to identify the best tenants. Good rental candidates often lack a way to stand out in the crowds of applicants who can number in the hundreds.
Weevva tackles the issues by assessing potential tenants in areas such as credit score, income to rent ratio, and criminal behavior. The system provides landlords with lists of the top ten applicants for their properties. The system can help create a lease, allow payment of rent, enable tenants to request repairs, and more. Weevva will also help to access government arbitration, if needed.
Last month, the company was a top-20 finalist in Profitual’s No-Pitch Competition, which assessed Canadian startups not by their pitches but by an analysis of their financials.
A Genesis Enterprise company, Weevva is also supported by such groups as Propel and Atlantic Fintech.