Rhino provides an alternative to traditional security deposits in the rental market by allowing renters to pay a small monthly fee for an insurance policy that covers potential damages and unpaid rent. This model makes moving more affordable and accessible for renters while offering landlords a reliable insurance solution that protects their properties. Unlike traditional deposits, Rhino's approach helps landlords attract more tenants by reducing upfront costs. The goal of Rhino is to simplify the rental process for both renters and landlords, contributing to a more fluid economy.

Lakehouse Ventures

Red Dog Capital

Picus Capital

ff Venture Capital

Chetrit Ventures

Kairos

FJ Labs

Lakestar

Tiger Global

Fintech

Real Estate

Rhino

At the beginning of 2023, Sayrhino introduced Rhino+ as an all-in-one digital platform for deposit management that streamlines the collecting, depositing, and returning of cash deposits.

Improving efficiency and transparency with ledger automation | Rhino Blog

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Rhino To Offer Loss Of Employment Protection

McNeel Europe (the team behind Rhino) are partnering with MORPH to bring you Advancing Computational Design Workflows at MORPH.

Rhino User Webinar: Advancing Computational Design Workflows at MORPH

Rhino, which pioneered security deposit insurance in 2017 and services a six-million-home partner network, today announced that Omega Realty Group is using the new Rhino+ platform to manage security deposits for renters.Rhino+ is the rental industry’s first digital deposit platform that simplifies and modernizes the security deposit process, making renting easier, transparent and affordable.“Rhino has been a trusted partner for over three years, helping protect our thousands of rental units with security deposit insurance. With Rhino+, we now offer our renters the choice to use cash or insurance as part of their move-in experience,” said John Ashley, Omega Realty Group. “We look forward to continuing our partnership with Rhino and delivering a digital experience to our residents, allowing them to move in seamlessly while protecting our assets.”Leasing teams typically deal with physical deposit checks that must be brought to the bank and held in an escrow account. Property owners often have to track these payments in software platforms coded in the 80s that can’t always be used on personal computers. Cash sits in escrow, inaccessible until the end of the lease. The process is required for every unit, taking up to 20 hours per month.“Rhino+ alleviates the headache of the traditional security process by giving owners and renters choices,” said Ben Lantos, Rhino’s CEO and co-founder

Omega Realty Group Selects Rhino+ To Modernize Security Deposit Process

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Rhino Ceo Paraag Sarva Steps Down

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Theguarantors Secures $35 Million In Debt

Rhino, which pioneered security deposit insurance in 2017 and now services a six-million-home partner network, today announced the launch of the first communities on Rhino+, the rental industry’s first end-to-end deposit management and compliance platform.Thousands of renters at properties across the country will now have a seamless, digital experience to satisfy their security deposit requirement via their choice of a cash deposit or Rhino’s security deposit insurance. Rhino+ addresses the growing demand from landlords and property managers to reduce the friction presented by security deposits and associated compliance challenges in markets across the country.“The process for security deposits has been a thorn in the side of property owners and renters alike for decades,” said Rhino Co-Founder and CEO Paraag Sarva. “Rhino+ is the first digital security deposit platform for owners and operators who want faster leasing, automated compliance and affordable deposit options. And renters can forgo cashier’s checks and have the type of digital-first experience they expect of any transaction.”The launch of Rhino+ follows the company’s recent announcement of Credit+, a service that helps renters build credit through on-time rent reporting, as well as Rhino’s acquisition of Deposify. Rhino also recently released its 2023 State of Multifamily Housing Report, offering industry insights on rental growth, inflation and housing affordability.Since 2017, Rhino’s innovations have saved renters over $1 billion in upfront move-in costs and helped drive down operational costs for over 2,500 landlords and property managers, a network managing six million rental homes and over 14% of the U.S. rental market

Rhino Launches First End-To-End Deposit Management And Compliance Platform In The U.S.

Rhino security deposit insurance is offered in a partner network of over six million homes.

Rhino announces new partners

Rhino, a real estate technology company and “pioneer of security deposit insurance”, has partnered with AmTrust Financial to provide an additional $60m in premium-writing capacity for its core product offering. Rhino’s mission is to give renters greater financial freedom, by eliminating the need for traditional security deposits by replacing them with smart, affordable insurance. Instead of a large upfront cash security deposit, renters pay Rhino a monthly fee, and Rhino insures the property owner for damages that might occur and lost rent

Rhino Recruits Amtrust On Its Mission To Reinvent Renting

Real estate technology company Rhino announced its partnership with AmTrust Financial to provide an additional $60 million in premium-writing capacity for its core product offering. AmTrust Financial, an international property and casualty insurer, will join Rhino’s existing panel of insurance carriers and reinsurers, bringing Rhino’s total premium-writing capacity to over $200 million. “We are excited to support Rhino in setting a new standard for the renting experience. Partnering with Rhino, the forerunner in security deposit insurance, is a natural fit for AmTrust’s customer-centric culture.” – Jeff Fenster, EVP and Head of AmTrust North American Specialty Risk

Rhino Partners With Amtrust Financial

Alternative to traditional rental security deposits

Rhino

Alternative to traditional rental security deposits

Rhino

Alternative to traditional rental security deposits

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