Company Research Report: LeaseLock, Inc.

Company Overview

• Name: LeaseLock, Inc.

• Mission of the Company: To make housing more accessible for renters by eliminating traditional deposits, while protecting owners and operators from preventable net operating income (NOI) loss.

• Founding Information: No information is available.

• Key People in the Company:

• Janine Steiner Jovanovic, Chief Executive Officer

• Oliver Gratry, Chief Financial Officer

• Sudip Shekhawat, Chief Technology Officer

• John Lis, Senior Vice President, Sales

• Andrew Bowen, Senior Vice President, Strategic Partnerships

• Alexis Murrell, Senior Vice President, Marketing

• Laura Williams, Senior Vice President, Product

• Manoj Sigdel, Senior Vice President, Engineering

• Sebastian D. Paul, Vice President, Claims

• Matthew Arnold, Vice President, Insurance

• Goli Sarange, Vice President, Legal

• Headquarters: 5050 Quorum Drive, Suite 700, Dallas, Texas 75254

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: LeaseLock is known for providing a leading insurance technology solution in rental housing that removes security and pet deposits through its Zero Deposit™ program, thereby making housing more accessible for renters and reducing bad debt for property owners.

Products

• Product Offered: Zero Deposit™

• High-Level Description: Zero Deposit™ provides a deposit-free experience for renters by eliminating the need for traditional security and pet deposits. This innovative solution is integrated with existing property management systems to enhance operational efficiency and satisfaction for both renters and property owners.

• Key Features:

• Completely eliminates upfront security and pet deposits.

• Integrates seamlessly with existing property management systems.

• Provides comprehensive risk protection tailored for all asset types.

• Technology Platforms:

• LeaseLock Shield: An AI-powered platform that optimizes risk protection for properties by providing intelligent underwriting solutions.

• LeaseLock Central™: A custom client dashboard providing metrics, analytics, property management tools, and support resources.

Recent Developments

• Recent Developments:

• LeaseLock introduced a Risk Management Alliance and entered into partnerships with various companies such as Get Covered to enhance solutions for rental housing.

• Key leadership appointments, including John Lis as Senior Vice President of Sales and Jeremy Thomason as Industry Advisor.

• Launch of new technological solutions such as the Onboarding Hub and Advanced Reporting features to enhance functionality and client satisfaction.

• ResidentRadius and LeaseLock Zero Deposit™ partnership to eliminate deposits.

• New Products Launched: No new entirely different products launched; however, continual enhancement of existing solutions was apparent.

• New Features Added to Existing Products:

• Advanced Reporting capabilities for more efficient claims management.

• Enhanced financial visibility through real-time updates on claim payments.

• Improved user role capabilities for better team management.

• New Partnerships and Collaborations:

• Industry-leading partnership with Aptly Screening to improve integrated solutions for property management.

• Collaboration with Get Covered to provide enhanced risk mitigation for rental housing.

Conclusion

This report presents a comprehensive overview of LeaseLock, Inc. and its endeavors in transforming the rental housing landscape through innovative deposit replacement solutions. The company’s continued focus on risk mitigation and enhancing renter and property owner experience allows it to maintain a leadership position within the sector.