LeaseLock

Eliminate deposits. Protect your NOI.

Marina del Rey, United States · Founded 2016 · $73.6M raised

Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$73.6M
Last Round
$52.0M Venture RoundFeb 2021
Rounds
5

About

LeaseLock is the leading insurance technology provider for rental housing, focused on making housing more accessible by eliminating security deposits through its Zero Deposit program. Its AI-powered platform, LeaseLock Shield, optimizes risk protection for multifamily property owners while reducing financial barriers for renters. By offering deposit-free leasing, LeaseLock helps property owners prevent net operating income (NOI) loss from bad debt and legal liabilities tied to holding security deposits, while providing a frictionless leasing experience. The platform has insured over $14 billion in leases and serves multifamily operators and owners nationwide. LeaseLock integrates directly into existing property management workflows and offers tailored risk intelligence for all property types.

Summary

LeaseLock is an Insurtech company based in Marina del Rey, United States, founded in 2016. It has raised $73.6M in total across 5 rounds, most recently a $52.0M Venture Round round in Feb 2021. Investors include Wildcat Venture Partners, American Family Ventures and PenFed Foundation.

Tech & App Stack

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Funding History

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Debt FinancingDebt FinancingJan 2022

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