LeaseLock
About
LeaseLock is an insurance technology company that leverages artificial intelligence to eliminate security deposits.
- 101 - 250
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $1.50M
- Industries
- Artificial Intelligence,FinTech,InsurTech,Real Estate
- Founded date
- Jan 1, 2013
- Number Of Employee
- 101 - 250
- Operating Status
- Active
LeaseLock is an insurance technology company replacing security deposits with insurance. Its flagship lease insurance product leverages artificial intelligence to eliminate security deposits from enterprise operating infrastructure—powering a faster, simpler, more affordable rental transaction. LeaseLock seamlessly deploys within the native online leasing checkout, resulting in significant conversion lift—while instantly generating industry-leading coverage for the property on every lease.LeaseLock has insured over $1 billion in leases backed by insurance rated A (Excellent) by A.M. Best. Its global investors include SoftBank Ventures Asia, Wildcat Ventures, Westerly Winds, Vertex Ventures US, Liberty Mutual Strategic Ventures, American Family Ventures, Moderne Ventures, and Mucker Capital.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 30, 2018 | Series A | $10M | 1 | — | — | Detail |
| Dec 16, 2016 | Seed | $1.50M | 1 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Sep 13, 2021
MarginEdge
|
Series B | $18M | Analytics | — |
|
Oct 22, 2019
MarginEdge
|
Series A | $7M | Analytics | — |
|
Mar 22, 2019
MarginEdge
|
Seed | $2.50M | Analytics | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Gaingels
|
— | Series A |
500 Global
|
— | Seed |
