NYC Skyline BW

DEALS

LeaseLock

LeaseLock

Closed

Fintech, Insurtech, AI

pre-Series C

$62mm ARR property-tech fin-tech play

Raising

$2B

Total Insured Leases

$60mm

2021 Contracted ARR

Left In the Round

$27mm

2021 Gross ARR

Backed By:

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.

Partners: