Jetty

Jetty

Financial services for real estate rentals

About Jetty

Simplify's Rating
Why Jetty is rated
B-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Financial Services

Real Estate

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$46.5M

Headquarters

New York City, New York

Founded

2015

Overview

Jetty provides financial services in the real estate market, focusing on both property owners and renters. For property owners, Jetty offers products like security deposit alternatives and renters insurance to reduce bad debt and improve occupancy rates. Renters benefit from flexible payment options that lower upfront costs, making it easier to move into new properties. By partnering with reputable industry names, Jetty aims to enhance the rental experience for everyone involved.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Jetty's merger with Rhino creates the largest security deposit platform in the U.S.
  • Partnerships with Fortegra and Allianz strengthen Jetty's reinsurance capabilities.
  • Growing demand for flexible rental solutions boosts Jetty's market potential.

What critics are saying

  • Integration challenges from the Rhino merger may disrupt Jetty's operations.
  • Dependency on Fortegra and Allianz could affect Jetty's financial stability.
  • Rapid expansion may strain Jetty's operational capacity and customer service.

What makes Jetty unique

  • Jetty offers security deposit alternatives, reducing upfront costs for renters.
  • The company partners with over 200 real estate firms, covering three million units.
  • Jetty's digital platform simplifies leasing, enhancing property management efficiency.

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Funding

Total Funding

$46.5M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

12%

2 year growth

19%
InsurTech News
Feb 10th, 2025
Rhino and Jetty Merge to Create the Largest Security Deposit Insurance Company in the Market

Rhino and Jetty, the two pioneers of security deposit insurance, announced their merger today, instantly creating the largest security deposit platform in the U.S.…

Coverage
Feb 6th, 2025
Rhino And Jetty Merge

Rhino <i class="fa fa-info-circle company-popover" data-content="h3Rhino/h3. div. table

PR Newswire
Aug 8th, 2024
Jetty Announces Partnership With Fortegra And Allianz

Fortegra and Allianz partner with Jetty to form a reinsurance panel for their core product offeringsNEW YORK, Aug. 8, 2024 /PRNewswire/ -- Jetty , the fintech company on a mission to make renting a home more affordable and effortless, today announced a new partnership with Fortegra and Allianz. Under the terms of the partnership, Fortegra and Allianz will become the reinsurance providers for all new policies written under Jetty's core products: Jetty Deposit and Jetty Renters Insurance."This marks an exciting chapter for Jetty," said Mike Rudoy, CEO of Jetty. "Our partnership with Fortegra and Allianz underscores our dedication to delivering top-tier insurance solutions for properties and residents."Fortegra and Allianz offer a robust financial foundation and a reputation for excellence, perfectly aligning with Jetty's ongoing growth. Jetty has partnered with over 200 real estate companies, representing more than three million units nationwide. The company has consistently showcased impressive expansion, achieving over 30% year-over-year unit growth in the first half of this year

Coverage
Aug 8th, 2024
Jetty Announces Partnership With Fortegra And Allianz

Jetty <i class="fa fa-info-circle company-popover" data-content="h3Jetty/h3. div. table

Business Wire
Jan 18th, 2024
シティ財団、ホームレス問題の先駆的な解決策を目指す非営利団体の強化を目的とした2024年グローバルイノベーションチャレンジを発表

ニューヨーク--(BUSINESS WIRE)--(ビジネスワイヤ) --. シティ財団(「当財団」)は、当財団のグローバルイノベーションチャレンジに関する最新の提案依頼書(RFP)を発行しました。これは、社会の極めて差し迫った問題に取り組む世界中の非営利団体の影響力拡大を支援するための資金提供モデルです。2024年グローバルイノベーションチャレンジでは、合計2500万ドルを促進資金として、ホームレス問題に新たな方法で対処している50の地域団体に拠出します。. 住居不安は世界的な懸念事項であり、国連の推定によると、世界中で約1億5000万人がホームレスとなっています。シティおよびシティ財団は、安全で手頃な価格の安定した住宅が、個人、家族、地域社会の経済的・社会的福祉に大きく貢献するものであると認識しています。

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