Supplier
Winner
Founded by renters frustrated by renting costs, Jetty is a financial services company on a mission to make renting a home more affordable and effortless for everyone. Its hero product, Jetty Deposit, is tackling the issue of affordability and renting by lowering the up-front costs associated with signing a lease.
Its innovative solution helps property managers increase lease conversion rates, reduce bad debt, and streamline operations thereby increasing net operating income. For renters, Jetty alleviates stress and financial burden at the moment of lease-signing by eliminating the cash deposit, granting renters liquidity when they need it most. The result is not only a better renter experience, but the ability for them to move in the first place.
Since launch in 2017, Jetty has partnered with some of the largest and well-respected property managers in the country including Greystar, Blackstone (LivCor), Pinnacle, Related, MG Properties, Trammell Crow, Cortland, Asset Campus, Griffis, and many more, representing more than 1M units nationwide. This widespread adoption in a relatively short amount of time speaks to the direct positive impact Jetty has on both asset managers and renters with Jetty Deposit were 80% more likely to say that they thought positively of their landlord than renters without, which leads to a better relationship between the property and renter.
Jetty's products are written on A-rated paper, and are admitted in 49 U.S. states and D.C, meaning they have been approved by each state's Department of Insurance, which provides additional consumer protections.