LeaseSurance

LeaseSurance is a South Africa-based startup founded in 2020, offering a solution to the rental real estate market by using financial technology to replace security deposits with lease insurance. The company's slogan, "Replace cash deposits with lease insurance," embodies its core value proposition.

LeaseSurance's B2B solution provides rental real estate owners and operators with a data-driven risk engine and platform aimed at boosting operating income and optimizing portfolio performance. The company collaborates with Bryte Insurance Company Limited, a licensed insurer and authorized FSP (17703), to underwrite its insurance offerings. This ultimately adds credibility to its operations.

Recently, LeaseSurance secured a significant ZAR3.00M Seed Round investment on 31 August 2023, with Fedgroup as the lead investor. This investment marks an important milestone in the company's journey and indicates trust and potential within the industry. The startup operates within the B2B, Financial Services, and Insurance sectors, positioning itself at the intersection of finance and real estate, two major industries with extensive growth potential.