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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 for renters and helps landlords protect their properties without requiring large upfront deposits. Unlike traditional methods, Rhino's approach attracts a wider range of tenants and operates as a licensed insurance agency in several states. The goal is to simplify the rental process for both renters and landlords, contributing to a more fluid economy.
Company Stage
Series B
Employees
201-500
Industries
Real Estate, Fintech
Total Funding
$182.3M
Headquarters
N/A
Founded
2017
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