Jetty

Jetty

Financial services for real estate rentals

About

Jetty operates in the real estate rental market, providing financial services aimed at both property owners and renters. For property owners and managers, Jetty offers products like security deposit alternatives and renters insurance, which help reduce bad debt and increase occupancy rates. This allows property owners to fill more units and improve their net operating income. For renters, Jetty makes moving in more affordable by offering options to pay a low upfront fee or a smaller monthly payment instead of a large security deposit. This flexibility helps renters transition into new homes without significant financial burden. Jetty differentiates itself from competitors by focusing on the needs of both property owners and renters, ensuring reliable service through partnerships with established industry names. The company's goal is to simplify the renting process and make it more accessible for everyone involved.

Company Stage

Late Stage VC

Employees

51-200

Industries

Financial Services, Real Estate

Total Funding

$45.2M

Headquarters

New York City, New York

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • Jetty's partnership with Fannie Mae expands its reach in the rental market.
  • Growing demand for affordable housing boosts interest in Jetty's security deposit alternatives.
  • Jetty's innovative fintech solutions align with the increasing focus on real estate technology.

What critics are saying

  • Rising interest rates may reduce demand for rental properties and Jetty's services.
  • Increased competition in the real estate insurance market could pressure Jetty's market share.
  • Dependency on Fortegra and Allianz for reinsurance could pose risks if partnerships change.

What makes Jetty unique

  • Jetty offers security deposit alternatives, reducing upfront costs for renters.
  • Partnerships with Fortegra and Allianz enhance Jetty's credibility in the insurance market.
  • Jetty Credit allows renters to build credit through rent payments, a unique offering.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-7%

2 year growth

15%

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