What is The Guarantors?
Headquartered in New York, New York, The Guarantors specializes in providing financial products and insurance-like solutions designed to facilitate rental agreements for tenants and mitigate risk for property owners. Their core offerings, including lease guarantees, security deposit replacements, and renters insurance, aim to lower barriers for individuals who may not meet traditional rental screening criteria. Simultaneously, these services protect landlords and multifamily property operators from potential rental income loss, thereby streamlining the leasing process and enhancing property management.
How much funding has The Guarantors raised?
The Guarantors has raised a total of $111.7M across 4 funding rounds:
Series A
$11.7M
Series B
$15M
Series C
$50M
Private Equity
$35M
Series A (2017): $11.7M with participation from 50 Partners, White Star Capital, Rocket Internet, Arnaud Achour, Silvertech Ventures, Partech Ventures, Residence Ventures, and Alven
Series B (2019): $15M led by Global Founders Capital, White Star Capital, Partech Ventures, Silvertech Ventures, and Alven
Series C (2022): $50M supported by Kensington Capital Partners, Arch Capital, and Portage Ventures
Private Equity (2023): $35M featuring White Star Capital, Kensington Capital Partners, and CIBC
Key Investors in The Guarantors
White Star Capital
White Star Capital is a global multi-stage technology investment platform that partners with exceptional entrepreneurs to build ambitious international businesses. With a presence in major cities like New York, London, and Singapore, the firm focuses on venture investing at the Series A and B stages, as well as in digital assets and blockchain-enabled companies.
Partech Ventures
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar. It brings together capital, operational experience and strategic support for entrepreneurs at seed, venture and growth stages across multiple continents, with over 1.3B investment capacity.
Silvertech Ventures
Silvertech Ventures is a venture fund based in New York that supports technology entrepreneurs by providing a collaborative hub and capital to help them build successful companies. They focus on investing in passionate founders addressing large markets, typically offering capital investments ranging from $250k to $1M.
What's next for The Guarantors?
The substantial enterprise-level investment suggests The Guarantors is poised for significant scaling and market expansion. With a focus on innovation in the rental protection space, the company is likely to leverage this capital to enhance its product offerings, broaden its geographic reach, and potentially explore strategic partnerships. The ongoing backing from investors indicates a strong belief in the company's business model and its capacity to address critical needs within the real estate and rental markets.
See full The Guarantors company page