LeaseLock Revenue and Competitors

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Location

#3750

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • LeaseLock's estimated annual revenue is currently $12.9M per year.(i)
  • LeaseLock received $10.0M in venture funding in November 2018.
  • LeaseLock's estimated revenue per employee is $130,000
  • LeaseLock's total funding is $63.5M.

Employee Data

  • LeaseLock has 99 Employees.(i)
  • LeaseLock grew their employee count by 10% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1588.3M854479%$2.3BN/A
#2
$20M1406%N/AN/A
#3
$4.6M4426%N/AN/A
#4
$5920M6222133%$552.3MN/A
#5
$2.2M249%N/AN/A
#6
$4.7M45-2%N/AN/A
#7
$1.6M24-44%$44MN/A
#8
$1.4M21-52%$4.7MN/A
#9
$2.4M26100%N/AN/A
#10
$5.2M5016%N/AN/A

LeaseLock replaces security deposits with insurance. Introducing the Zero Deposit. Renters pay a low monthly fee starting at $19 that insures the property for 6x rent. Renters save thousands of dollars at move-in, while properties convert more leases with better protection. LeaseLock is the first nationwide A-rated (Excellent) lease insurance program. Over 1,000,000 apartment homes protected at Greystar, Equity Residential, United Apartment Group, Lennar Multifamily Communities, and Avenue5 Residential. Over 250,000 student beds protected at Asset Campus Housing, Campus Advantage, Landmark Properties, University Student Living, and Homestead U. KEY BENEFITS Convert more leases by replacing expensive deposits with a low monthly fee. Increase occupancy by capturing quality renters turned away for credit or income. Eliminate losses with protection for up to 6x rent, damages, and turn costs. Our mission is to help the world find "home." Powered by insurance and technology, we're reinventing the way renters and properties transactmaking it faster, simpler, and more cost-effective.

keywords:Banking,Consumer Services,Finance,Human Resources Hr,Insurance,Payments,Real Estate

$63.5M

Total Funding

99

Number of Employees

$12.9M

Revenue (est)

10%

Employee Growth %

N/A

Valuation

N/A

Accelerator

LeaseLock News

2022-03-30 - Transform Capital raising $100M venture fund

... Eastern Standard Provisions, Jackpocket, Kitman Labs, LeaseLock, NEX, Paro, Passport, Paystand, Urgently, Workspot, and YieldStreet.

2021-03-22 - LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct

MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced the acceleration of its rapid growth, surpassing the $1 billion milestone in insured lease value for residential apartment homes. LeaseLock offers the only fully integrated ...

2021-03-16 - Milestone: U.S. Insurtech LeaseLock Announces $1 Billion in Leases Insured

LeaseLock, a U.S.-based insurtech that provides totally eliminates security deposits, surety bonds, and guarantors in rental housing, announced on Tuesday it has surpassed $1 billion in insured lease value for residential apartment homes. The latest milestone comes shortly after LeaseLock announ ...

2021-02-18 - LeaseLock Hires Stephanie Puryear Helling as Director of Enterprise Accounts

MARINA DEL REY, Calif., Feb. 18, 2021 /PRNewswire/ -- LeaseLock, the world's leading insurtech platform for real estate, today announced that Stephanie Puryear Helling has joined the company as Director of Enterprise Accounts. She will focus on implementation and strategic growth initiatives f ...

2019-08-24 - LeaseLock hires new CRO to lead its next phase of growth

LeaseLock, a provider of insurance technology for the multifamily housing industry, recently hired Ed Wolff as the company's new chief revenue ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35M10318%N/A
#2
$21.9M104373%N/A
#3
$15M115-16%N/A
#4
$17.6M129-20%N/A
#5
$20M13810%N/A

LeaseLock Funding

DateAmountRoundLead InvestorsReference
2016-12-19$1.0MUndisclosedAmerican Family InsuranceArticle
2018-05-01$10.0MAWildcat Venture PartnersArticle
2018-11-22$10.0MBArticle