Data Scientist, LeaseLock

Salary not provided
SQL
Python
Looker
Spark
Git
Mid level
Remote in Canada, US
LeaseLock

Insurance technology to replace security deposits

Open for applications

LeaseLock

Insurance technology to replace security deposits

21-100 employees

FintechB2BArtificial IntelligenceInsuranceDeep TechReal EstateMachine LearningSaaS

Open for applications

Salary not provided
SQL
Python
Looker
Spark
Git
Mid level
Remote in Canada, US

21-100 employees

FintechB2BArtificial IntelligenceInsuranceDeep TechReal EstateMachine LearningSaaS

Company mission

To empower housing providers with insurance technology to replace outdated financial tools with modern loss protection.

Company mission

To empower housing providers with insurance technology to replace outdated financial tools with modern loss protection.

Top investors

11% employee growth in 12 months

Our take

LeaseLock is an insurtech company offering real estate insurance designed to make security deposits obsolete. According to LeaseLock, security deposits don't offer adequate protection, reduce lease conversions, and they're a hassle to enforce and collect. With LeaseLock, renters pay a small monthly insurance fee in place of their deposit, and this offers up to $5000 coverage for damage.

The legal background of co-founder Reichen Kuhl has no doubt informed development when it comes to creating products that help both property owners and renters to work with US security deposit legislation. To date, LeaseLock has insured upwards of $6 billion in leases, proving that there is a real market for its products.

Despite this proven success, the company, which is not yet profitable, was forced to make layoffs in 2022 in order to extend its runway - a result of the macroeconomic conditions causing similar layoffs across the board. It has also appointed a new CEO, and seems positive these moves will allow it to remain the leading lease insurance provider for rental housing as it pursues further growth in the coming years.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Equity in a venture-backed company
  • 401(k) plan
  • Work from home opportunities
  • Health insurance
  • Dental & vision cover

Funding (last 2 of 3 rounds)

Feb 2021

$52m

SERIES B

Apr 2018

$10m

SERIES A

Total funding: $63.5m

This company has top investors

Leadership

Reichen Kuhl

(Board Chairman)

Was an official member of the Forbes Real Estate Council from 2019 to 2023. Former CEO and Founder of the Reichen Group.

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