Los Angeles based insurance product for the rental market has raised $10m Series A capital led by Wildcat Venture Partners, with participation from Liberty Mutual Strategic Ventures, AmFam, and Moderne Ventures. The company is seeking to aggressively accelerate enterprise sales, technology integration, and execution of product roadmap. And in the process, you're path to that urban flat just got a bit easier!
“LeaseLock is creating a new category by applying technology to improve the way renters and properties transact – making it faster, simpler, and more cost-effective for both parties,” said founder and Chief Executive Offer, Reichen Kuhl. “We intend to use the additional funds to fortify our category leadership position and propel LeaseLock into more communities and leasing systems across the country in an effort to eliminate security deposits everywhere and enable greater access to quality housing for everyone.”