What is Jetty?
Jetty operates as a fintech solution designed to reduce the financial barriers associated with renting a home. By offering a platform that helps property managers boost lease conversion rates, minimize bad debt, and streamline operations, Jetty also provides renters with substantial savings on move-in costs. This dual-pronged approach addresses key pain points in the rental ecosystem, making it more equitable and efficient for all parties involved. The company's nationwide availability and New York City headquarters highlight its broad reach and central position within the industry.
How much funding has Jetty raised?
Jetty has raised a total of $63.5M across 4 funding rounds:
Other Financing Round
$4M
Series A
$11.5M
Series B
$25M
Unspecified
$23M
Other Financing Round (2016): $4M with participation from Ribbit Capital, Solon Mack Capital, SV Angel, Red Swan Ventures, Mo Koyfman, BoxGroup, Graph Ventures, Social Capital, and MetaProp NYC
Series A (2017): $11.5M led by SV Angel, BoxGroup, Red Swan Ventures, and Ribbit Capital
Series B (2019): $25M supported by Valar Ventures, Ribbit Capital, and Khosla Ventures
Unspecified (2021): $23M featuring Citi and Flourish Ventures
Key Investors in Jetty
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
BoxGroup
BoxGroup is an investment firm that focuses on early-stage companies, providing strategic guidance and capital to help founders build and scale their ventures. They are known for their hands-on approach and deep network within the startup ecosystem.
Valar Ventures
Valar Ventures is an investment firm focused on high-margin, fast-growing financial technology companies globally. They seek out exceptionally focused teams with large ambitions, believing that founders should retain substantial equity and control.
What's next for Jetty?
With substantial enterprise-level backing, Jetty is poised for accelerated growth and further innovation in the rental fintech space. The company's trajectory, marked by consistent capital infusions across various funding rounds, suggests a strong market validation and a clear path toward scaling its operations. Future developments are likely to focus on expanding its service offerings, deepening partnerships with property managers, and enhancing the renter experience, solidifying its position as a leader in making home rentals more affordable and seamless.
See full Jetty company page