LeaseLock

company

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

Number of Funding Rounds
Total Funding Amount
2
$11.50M
LeaseLock has raised a total of $11.50M in funding over 2 rounds. Their latest funding was raised on Apr 30, 2018 from a Series A round.
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

Number of Investments
Number of Lead Investments
3
0
LeaseLock has made 3 investments. Their most recent investment was on Sep 13, 2021, when MarginEdge raised $18M.
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

Number of Lead Investors
Number of Investors
2
LeaseLock is funded by 2 investors. Gaingels and 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
Gaingels Series A
500 Global Seed