One-third of all renters experience issues with their credit scores, meaning they will either have to get a cosigner or pay an exorbitantly high security deposit, otherwise they will be declined for their new apartment home. LeaseLock, a disruptive new type of insurance for the rental housing market, solves this problem. LeaseLock eliminates archaic financial instruments used by property managers by introducing an insurance product powered by technology that better evaluates risk beyond just the credit score.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/16/16 | $1,000,000 | Seed |
American Family Ventures | undisclosed |
| 04/30/18 | $10,000,000 | Series A |
American Family Ventures Hivers & Strivers Liberty Mutual Strategic Ventures Moderne Ventures | undisclosed |
| 02/03/21 | $52,000,000 | Series B |
American Family Ventures Liberty Mutual Strategic Ventures Moderne Ventures Mucker Capital SoftBank Ventures Asia Strata Equity Group Vertex Ventures Veteran Capital Westerly Winds  Wildcat Venture Partners | undisclosed |
