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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 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 is to simplify the rental process for both renters and landlords, contributing to a more fluid economy.
Company Stage
Late Stage VC
Employees
201-500
Industries
Fintech, Real Estate
Total Funding
$158.5M
Headquarters
New York City, New York
Founded
2017
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