TheGuarantors is a technology company.
TheGuarantors has raised $77.0M across 3 funding rounds.
Key people at TheGuarantors.
TheGuarantors has raised $77.0M in total across 3 funding rounds.
Key people at TheGuarantors.
TheGuarantors is a New York-based fintech company founded in 2015 (or early 2016 per some records) that provides AI-powered lease guarantees, deposit alternatives, and renters insurance solutions for renters and multifamily property operators.[2][4][6] It serves cash-strapped renters seeking easier apartment approvals and landlords needing protection against defaults, damages, vacancies, and insurance lapses, solving pain points like high security deposits and rental income risks through comprehensive coverage and real-time monitoring.[1][2][3] With over 1 million renter applications processed, 3.5 million units enrolled, $6B+ in lease value protected, and $77M in total funding (including a $50M Series C), the company has achieved #1 nationwide status as a lease guarantee provider while maintaining positive EBITDA and the lowest loss ratio in insurtech.[1][2][4][5]
TheGuarantors was founded by Julien Bonneville, a French entrepreneur who moved to New York City for his MBA but faced repeated apartment rejections due to lacking a U.S. credit score and sufficient income verification.[2][5] Witnessing similar barriers for other qualified renters, Bonneville launched the company in 2015 (with operations starting January 2016) to act as a guarantor for a fee, blending expertise in finance, technology, insurance, and real estate.[1][2][6] Early traction came from disrupting the rental market with cost-efficient insurance products that benefited both renters and landlords, leading to seed funding from investors like White Star Capital and rapid scaling.[1] Pivotal moments include a $15M Series B in 2019 and $50M Series C led by Portage Ventures, plus recent acquisitions like Covie's insurance verification tech.[1][3]
TheGuarantors rides the proptech and insurtech wave addressing U.S. rental market inefficiencies, where high deposits and strict guarantor requirements block qualified renters amid housing shortages and rising costs.[1][2][6] Timing aligns with post-pandemic rental demand surges, AI advancements in underwriting, and multifamily operators' shift toward tech for occupancy growth and risk mitigation in volatile economies.[3][4][7] Market forces like 40% mid-lease insurance lapses and underserved populations favor its solutions, influencing the ecosystem by boosting conversions, stabilizing portfolios, and setting new compliance standards—partnered with 9/10 top U.S. operators.[2][3][4] As a B Corp, it promotes affordability, scalability, and innovation, disrupting traditional bonds with digital alternatives.[5][6]
TheGuarantors is poised for continued dominance in rental risk management, expanding Zero-Gap tech and AI underwriting to capture more of the $100B+ U.S. renters insurance market while entering international scalability hinted at early.[1][3] Trends like AI-driven proptech consolidation, economic uncertainty favoring hedging tools, and regulatory pushes for renter protections will accelerate growth, potentially through further acquisitions or IPO paths given its EBITDA positivity and track record.[5][7] Its influence may evolve from niche disruptor to ecosystem standard-setter, empowering operators to approve millions more renters while redefining lease security—proving one founder's apartment hunt sparked a rental revolution.[2][5]
TheGuarantors has raised $77.0M in total across 3 funding rounds.
TheGuarantors's investors include Alven, Ascend Vietnam Ventures, Endeavor Catalyst, FJ Labs, Goat Capital, Picus Capital, Portage Ventures, Alexis Pantazis, Jon Moulton, 645 Ventures, Ankona Capital, BDC Venture Capital.
TheGuarantors has raised $77.0M across 3 funding rounds. Most recently, it raised $50.0M Series C in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $50.0M Series C | Alven, Ascend Vietnam Ventures, Endeavor Catalyst, FJ Labs, Goat Capital, Picus Capital, Portage Ventures, Alexis Pantazis, Jon Moulton | |
| Feb 1, 2019 | $15.0M Series B | 645 Ventures, Alven, Ankona Capital, Ascend Vietnam Ventures, BDC Venture Capital, Divergent Capital, DST Global, FJ Labs, Goat Capital, Gutter Capital, Index Ventures, Kima Ventures, Partech Ventures, Picus Capital, Portage Ventures, Rally Ventures, Relay Ventures, Stage 2 Capital, White Star Capital | |
| Aug 1, 2017 | $12.0M Series A | 645 Ventures, Alven, Ankona Capital, Ascend Vietnam Ventures, BDC Venture Capital, Bowery Capital, Cherry Ventures, Divergent Capital, DST Global, FJ Labs, Goat Capital, Gutter Capital, Index Ventures, Kima Ventures, Partech Ventures, Picus Capital, Point Nine Capital, Portage Ventures, Rally Ventures, Relay Ventures, Stage 2 Capital, Target Global, White Star Capital, Jeremy Yap, Niklas Jansen, Philipp Freise |
