LeaseLock
Replaces traditional security deposits with AI-underwritten lease insurance, using proprietary risk scoring and fraud detection to cover multifamily operators while improving leasing velocity.
How they use AI
AI-powered risk scoring and fraud detection that underwrites lease insurance policies, algorithmically assessing renter risk across $14B+ in insured leases.
AI type: Predictive Analytics
What it helps you do
Built for
Key numbers
- • $10B+ in insured leases
- • 2.5M+ apartment homes covered
- • 92% adoption rate at customer properties
- • 6x more protection vs. average deposit
Credibility
- Founders
- Reichen Kuhl (Co-Founder & President). Founded 2012, HQ Los Angeles.
- Customers
- Greystar, Equity Residential, Cushman & Wakefield, Avenue5, LMC, TruAmerica, Goldman Sachs, ColRich, Harbor Group. 2.5M+ apartment homes covered.
- Investors
- SoftBank Ventures Asia, Liberty Mutual Strategic Ventures, Vertex Ventures US, Moderne Ventures, Mucker Capital. ~$73M raised ($52M Series B, Feb 2021).
- Case Studies
- ColRich: documented NOI improvement. Multiple clients reporting 6-figure NOI lift per asset.
Founded
2016
Headquarters
Dallas, TX
Stage
Growth
Employees
51-200
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