What is Jetty?
Jetty is a specialized fintech enterprise headquartered in New York, dedicated to transforming the rental landscape through innovative financial products. The company provides a dual-sided value proposition: it empowers property managers to streamline operations and mitigate financial risk, while offering renters more flexible, affordable move-in options. By replacing traditional, cumbersome security deposits with efficient alternatives, Jetty effectively lowers the barrier to entry for housing, thereby increasing lease velocity and reducing bad debt for landlords. Its market position is defined by its ability to integrate seamlessly into existing property management workflows, making it a vital tool for nationwide residential portfolios.
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 Solon Mack Capital, BoxGroup, Graph Ventures, SV Angel, Red Swan Ventures, Ribbit Capital, Mo Koyfman, Social Capital, and MetaProp NYC
Series A (2017): $11.5M led by Ribbit Capital, SV Angel, Red Swan Ventures, and BoxGroup
Series B (2019): $25M supported by Khosla Ventures, Valar Ventures, and Ribbit Capital
Unspecified (2021): $23M featuring Flourish Ventures and Citi
Key Investors in Jetty
Ribbit Capital
Ribbit Capital is a venture capital firm that invests globally in unique individuals and brands who are aiming to disrupt financial services.
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies across fintech and enterprise sectors.
Valar Ventures
Valar Ventures is an investment firm focused on high-margin, fast-growing financial technology companies globally, seeking teams with large ambitions.
What's next for Jetty?
With the support of its latest capital raise, Jetty is well-positioned to accelerate its product roadmap and expand its market reach. The company's focus remains on deepening its integration within the property management ecosystem, likely targeting enhanced data analytics and broader financial service offerings for its user base. As the rental market continues to face affordability challenges, Jetty's role in providing liquidity and risk management solutions becomes increasingly essential. Future growth will likely center on scaling its nationwide presence and refining its proprietary technology to further reduce friction in the leasing process, ensuring long-term sustainability and competitive advantage in the fintech space.
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