LeaseLock is an insurance technology company that leverages artificial intelligence to eliminate security deposits.
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.
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 |
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 | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Gaingels | — | Series A |
500 Global | — | Seed |