About Jetty
Jetty provides financial services in the real estate market, focusing on both property owners and renters. For property owners, it offers security deposit alternatives and renters insurance to reduce bad debt and improve occupancy rates. Renters benefit from lower upfront costs through options like a small initial payment or a reduced monthly fee instead of a traditional security deposit. Jetty aims to enhance the rental experience by making it more affordable and efficient for both parties.
New York City, New YorkHeadquarters
2015Year Founded
$45.2MTotal Funding
LATE_VCCompany Stage
Financial Services, Real EstateIndustries
51-200Employees
Risks
Increased competition in real estate insurance could pressure Jetty's market share.
Economic downturns may lead to higher rent defaults, affecting Jetty's financial stability.
Alternative financial products for renters may reduce demand for Jetty's offerings.
Differentiation
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 helps renters build credit by reporting rent payments to credit bureaus.
Upsides
Jetty's partnership with Fannie Mae extends credit-building services to more renters.
Growing demand for affordable housing boosts interest in Jetty's security deposit alternatives.
Expansion with large insurers like Allianz increases Jetty's market reach and reliability.
Funding
Total raised$45.23 M
Latest valuation$125.00 M
StageLATE_VC
LATE VC
8/31/2023$2
$125.00 MSERIES B
1/31/2019$25
$125.00 MSERIES A
7/31/2017$12
$57.50 M