LeaseLock Overview

  • Founded
  • 2013
Founded
  • Status
  • Private
  • Employees
  • 82
Employees
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $52M
Latest Deal Amount
  • Investors
  • 22

LeaseLock General Information

Description

Developer of an insurtech platform intended to deposit replacement solutions for real estate. The company's platform leverages artificial intelligence to optimize coverage based on property history, seamless integration within the native online leasing checkout results in industry-leading adoption rates, significant conversion lift and drastically reduced deposit administration and risk, enabling apartment operators to reduce bad debt, faster, simpler, more affordable rental transaction and an improved resident experience while instantly generating industry-leading coverage for the property on every lease.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Real Estate Services (B2C)
Other Insurance
Primary Office
  • 480 Washington Boulevard
  • Marina del Rey, CA 90292
  • United States

LeaseLock Timeline

2019202020212022
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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LeaseLock Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series B) 03-Feb-2021 $52M 000.00 00000 Completed Generating Revenue
6. Debt - PPP 03-Apr-2020 00000 000.00 Completed Generating Revenue
5. Angel (individual) 01-Mar-2020 000.00 Completed Generating Revenue
4. Secondary Transaction - Private 01-Jan-2019 000.00 Completed Generating Revenue
3. Later Stage VC (Series A) 11-Jun-2018 000.00 000.00 0000 Completed Generating Revenue
2. Seed Round 16-Dec-2016 $1M $1.02M 000 Completed Generating Revenue
1. Accelerator/Incubator 13-Feb-2014 $20K $20K Completed Startup
To view LeaseLock’s complete valuation and funding history, request access »

LeaseLock Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B1 0,000,000 00.000000 00.0 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00.00 00.0 00.0 00 00.0 00.000
Series A1 000,000 00.000000 00.00 00.00 00.00 00 00.00 0.00
Series A 17,386,683 $0.000100 $0.04 $0.63 $0.63 1x $0.63 22.73%
Series Pre-A 8,987,577 $0.000100 $0.34 $0.34 1x $0.34 11.75%
To view LeaseLock’s complete cap table history, request access »

LeaseLock Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an insurtech platform intended to deposit replacement solutions for real estate. The company's platform lev
Financial Software
Marina del Rey, CA
82 As of 2021
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00000000000 000.00

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00000000 000 00000000 000000000
New York, NY
000 As of 0000
000.00
0000000000 0 000.00

00000000

te velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident
00000000 000 00000000 000000000
New York, NY
00 As of 0000
0000
000000 - 000 0000
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LeaseLock Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Jetty (Property and Casualty Insurance) Venture Capital-Backed New York, NY 000 000.00 0000000000 0 000.00
0000000000000 Venture Capital-Backed New York, NY 00 0000 000000 - 000 0000
00000 (00000000 00 Venture Capital-Backed New York, NY 000 00000 00000000000 00000
000000 Venture Capital-Backed New York, NY 00 000.00 00000000000 000.00
000000000 Corporation
You’re viewing 5 of 5 competitors. Get the full list »

LeaseLock Executive Team (10)

Name Title Board Seat Contact Info
Derek Merrill Co-Founder, Co-Chief Executive Officer, Chief Operating Officer & Board Member
Reichen Kuhl JD Co-Founder, Co-Chief Executive Officer, Chief of Insurance and Legal, President & Board Member
Oliver Gratry Chief Financial Officer
Ted Rupp Chief Strategy Officer
Aaron Geisler Chief Technology Officer
You’re viewing 5 of 10 executive team members. Get the full list »

LeaseLock Board Members (7)

Name Representing Role Since
Bryan Stolle Wildcat Venture Partners Board Member 000 0000
Constance Freedman Moderne Ventures Board Observer 000 0000
Derek Merrill LeaseLock Co-Founder, Co-Chief Executive Officer, Chief Operating Officer & Board Member 000 0000
Joshua Cohen Liberty Mutual Strategic Ventures Board Observer 000 0000
Karim Plaza Westerly Winds Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

LeaseLock Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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LeaseLock Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
500 Global Venture Capital Minority 000 0000 000000 0
SoftBank Ventures Asia Venture Capital Minority 000 0000 000000 0
Strata Equity Group Real Estate Minority 000 0000 000000 0
Transform Capital (Menlo Park) Venture Capital Minority 000 0000 000000 0
Veteran Ventures Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 22 investors. Get the full list »