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LeaseLock
Insurance technology company that leverages artificial intelligence to eliminate security deposits
About LeaseLock
LeaseLock is a startup that operates in the real estate market, specifically in the rental sector. It provides a unique solution to replace traditional security deposits with a more efficient loss protection system for property owners and operators. The company uses a predictive model to assess risk and optimize coverage for each property, transforming unpredictable losses into a more reliable income stream and enhancing the overall value of the asset.
Read full description
LeaseLock's innovative approach addresses the common issues with traditional security deposits and bonds, which are often costly and provide insufficient coverage, exposing property owners to financial risk. By replacing these with a smarter loss protection system, LeaseLock mitigates these risks and ensures better financial security for property owners.
The company's business model is based on its proprietary ledger data platform, which is integrated with leading enterprise Property Management System (PMS) software. This integration allows LeaseLock to power loss prediction for each property, helping to future-proof against changing risk. The company claims to have generated $1.5 billion in asset value through its services.
LeaseLock's primary clients are property owners and operators who are looking for a more efficient and secure way to manage their rental properties. The company makes money by offering its loss protection services in place of traditional security deposits, providing a more reliable income stream for property owners.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Addison, United States
- Employees
- 69
- Open positions
- 1
- Dealroom signal
- 65.0/100
- Industry
- Security, Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Property Management, Core AI, Student Housing, Property Rental, House and Property Insurance, PandC Insurance, MGA, Hard Tech, AI Applications, DT and LS
- Business model
- SaaS
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Apr 2022 | $0 | — | RWT Horizons | — |
| SERIES BOther financing | Feb 2021 | $52M | $208M | Mucker Capital · Liberty Mutual Strategic Ventures · Westerly Wind · Veteran Ventures Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for LeaseLock is 16K monthly website visits, up 97.5% over the last three months. LeaseLock's team declined 12.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Clocktower Technology Ventures
Tech Coast Angels
American Family Insurance
Luma Launch
Series A15 investors entered at this stage
500 Global
Hivers and Strivers
Moderne Ventures
Wildcat Venture Partners
Gaingels
Liberty Mutual Strategic Ventures
Sand Hill Angels
Mucker Capital- WWWesterly Wind
Veteran Ventures Capital
Strata Equity Group
Vertex Ventures US
SoftBank
American Family Ventures
Westerly Winds
Series B and later1 investor entered at this stage
RWT Horizons
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about LeaseLock on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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