About LeaseLock

Backed by Softbank, Westerly Winds, Vertex Ventures, and Moderne Ventures, Leaselock is eliminating security deposits from the rental housing industry – creating superior financial performance for asset owners.

315k units on the platform organically generate $62mm gross ARR at full maturity.

LeaseLock is deployed seamlessly within existing property software to increase lease conversion, drastically reduce deposit administration and regulatory risk, and improve the resident experience. LeaseLock has insured over $2 billion in leases backed by A-rated insurance.

$5mm is available exclusively to Ligo Partners' family offices in a $20mm pre-Series C insider round. This will be the final private financing.