LeaseLock Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
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92
- Latest Deal Type
-
Debt
- Investors
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26
LeaseLock General Information
Description
Developer of financial technology software designed to deposit replacement 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 in a faster, simpler, more affordable rental transaction, and an improved resident experience while generating coverage for the property on every lease.
Contact Information
Website
www.leaselock.comCorporate Office
- 5050 Quorum Drive
- Suite 700
- Dallas, TX 75254
- United States
Corporate Office
- 5050 Quorum Drive
- Suite 700
- Dallas, TX 75254
- United States
LeaseLock Timeline
LeaseLock Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Debt - General | Completed | Generating Revenue | ||||
10. Debt - General | Completed | Generating Revenue | ||||
9. Secondary Transaction - Private | 30-May-2022 | Completed | Generating Revenue | |||
8. Later Stage VC | 15-Mar-2022 | Completed | Generating Revenue | |||
7. Later Stage VC (Series B) | 03-Feb-2021 | Completed | Generating Revenue | |||
6. Debt - PPP | 03-Apr-2020 | Completed | Generating Revenue | |||
5. Angel (individual) | 01-Mar-2020 | Completed | Generating Revenue | |||
4. Secondary Transaction - Private | 01-Jan-2019 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 11-Jun-2018 | $10.2M | $10.2M | Completed | Generating Revenue | |
2. Seed Round | 16-Dec-2016 | $20K | Completed | Generating Revenue |
LeaseLock Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B1 | ||||||||
Series B | ||||||||
Series A1 | ||||||||
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% |
LeaseLock Comparisons
Industry
Financing
Details
LeaseLock Competitors (5)
One of LeaseLock’s 5 competitors is Jetty (Property and Casualty Insurance), a Venture Capital-Backed company based in New York, NY.
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 | ||||
Rhino | Venture Capital-Backed | New York, NY | ||||
Obligo | Venture Capital-Backed | New York, NY | ||||
TheGuarantors | Venture Capital-Backed | New York, NY | ||||
DepositIQ | Corporate Backed or Acquired | Denver, CO |
LeaseLock Signals
LeaseLock Investors (26)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Calm Ventures | Venture Capital | Minority | ||
Colibri Equity Ventures | Venture Capital | Minority | ||
McKenna & Associates | Growth/Expansion | |||
Niya Partners | Venture Capital | Minority | ||
QBE Ventures | Corporate Venture Capital |
LeaseLock FAQs
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When was LeaseLock founded?
LeaseLock was founded in 2013.
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Where is LeaseLock headquartered?
LeaseLock is headquartered in Dallas, TX.
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What is the size of LeaseLock?
LeaseLock has 92 total employees.
-
What industry is LeaseLock in?
LeaseLock’s primary industry is Financial Software.
-
Is LeaseLock a private or public company?
LeaseLock is a Private company.
-
What is LeaseLock’s current revenue?
The current revenue for LeaseLock is
. -
How much funding has LeaseLock raised over time?
LeaseLock has raised $62.2M.
-
Who are LeaseLock’s investors?
Calm Ventures, Colibri Equity Ventures, McKenna & Associates, Niya Partners, and QBE Ventures are 5 of 26 investors who have invested in LeaseLock.
-
Who are LeaseLock’s competitors?
Jetty (Property and Casualty Insurance), Rhino, Obligo, TheGuarantors, and DepositIQ are competitors of LeaseLock.
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