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TheGuarantors
Financial & insurance solutions for renters and landlords
- 101-200 employees
- Fintech
- B2C
- B2B
- Insurance
- Renting
- Real Estate
- World Trade Center, New York, NY
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Company mission
TheGuarantors' mission is to unlock opportunity and financial advantage for everyone involved in residential and commercial leasing.
Our take
Home rental rates across the US are soaring. On average, rent went up by over 10% in a single year between 2021 and 2022, while in some cities that increase is as much as 40%. Renters are now struggling more than ever to qualify for homes and afford security deposits, which also impacts landlords who lack security.
TheGuarantors, which is a licensed insurance agent and broker bridges this gap by acting as a co-signer, then offering to cover and underwrite security deposits if necessary in exchange for a percentage fee of the monthly rent.
There’s been a lot of movement in the rental startups space of late, with venture capital being poured into companies like rent-to-own Divvy and rent now, pay later startup Jetty
TheGuarantors however, has seen immense user uptake on its platform and has recently won the capital backing of Portage Venture, which it intends to use to scale both its product offering and staff headcount.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Remote work: All our roles are 100% remote which allows the flexibility for our employees as we navigate the recent changes to our work environments.
- Opportunities to make an impact within a fast growing company
- Medical, Dental, & Vision insurance (beginning day one)
- 401(k)
- Competitive salary
- Generous PTO and paid holidays
Company values
- Work in the now, think in the future – Be experts at thinking out of the box. Solve problems and break boundaries, today and tomorrow.
- Be Service-first – Be your best self with our customers, partners, and each other. Approach every situation and challenge to win from a service-oriented mindset.
- Build on transparency – Be open, honest, and truthful. Strive for transparency, foster integrity, and inspire trust.
- Have passion for success – Be ready and willing to grow and always think big . Don’t sacrifice progress for process, and focus energy where everyone wins.
- Know your market – Be flexible and present. Our market is constantly evolving, and we actively listen and make decisions with our finger on its pulse.
- Shape relationships through accountability – Be thoughtful, strategic, and trustworthy. Set expectations, plan deliberately, and execute thoughtfully.
- Think human-first – Be innovative with technology and strive to advance it to help us improve experiences and relationships. We’re human-lead, tech- enabled, and we optimize this combination every chance we get.
Funding (last 2 of 5 rounds)
Apr 2022
$50m
SERIES C
Dec 2021
$50m
SERIES C
Total funding: $137.3m
This company has top investors
Leadership
Julien Bonneville
(CEO)Was a Founding Partner of consulting and market data firm Sanisphere, which provided health and pharmaceutical intelligence in developing countries, then an Associate at McKinsey & Company before joining IMS Health as a Consultant.
Bob Schmidt
(CRO)Founded and led Donnin Publishing from 1990-2013, before founding Rentassure Agency where they served as CMO, CEO, and Chairman. Before TheGuarantors they were a Leasing Manager in the Long Island City Project for TF Cornerstone.