About The Guarantors
The Guarantors is a company based in New York (United States) founded in 2014 by Bob Schmidt and Julien Bonneville.. The Guarantors has raised $76.72 million across 6 funding rounds from investors including Canadian Imperial Bank of Commerce, Rocket Internet and Partech Partners. The company has 5 employees as of December 31, 2022. The Guarantors offers products and services including Rent Coverage, Deposit Coverage, and Zero-Gap Renters Insurance. The Guarantors operates in a competitive market with competitors including Paypadz and Rent Payment Guaranty, among others.
- Headquarter New York, United States
- Employees 5 as on 31 Dec, 2022
- Founders Bob Schmidt, Julien Bonneville
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Guarantr Inc Suite 350246Th Floor
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$76.72 M (USD)
in 6 rounds
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Latest Funding Round
$35 M (USD), Debt – Conventional
Apr 26, 2023
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Investors
Canadian Imperial Bank of Commerce
& 12 more
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Employee Count
5
as on Dec 31, 2022
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Products & Services of The Guarantors
The Guarantors offers a comprehensive portfolio of products and services, including Rent Coverage, Deposit Coverage, and Zero-Gap Renters Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Guarantees leases to help renters qualify for properties.
Replaces security deposits to ease move-in costs.
Provides renters insurance and compliance for protection.
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Software Development Team
30 people
Leadership Team
21 people
Sales and Marketing
15 people
Data Analysis and Operations Team
8 people
Senior Team
7 people
Customer Team
6 people
Product Management Team
5 people
Risk Team
4 people
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Funding Insights of The Guarantors
The Guarantors has successfully raised a total of $76.72M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $35 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $35.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Debt – Conventional - The Guarantors | Valuation |
investors |
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| Apr, 2022 | Amount | Series C - The Guarantors | Valuation | Portage | |
| Feb, 2019 | Amount | Series B - The Guarantors | Valuation | Global Founders Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Guarantors
The Guarantors has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Rocket Internet and Partech Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Alven, a venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Guarantors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Guarantors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Guarantors Comparisons
Competitors of The Guarantors
The Guarantors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paypadz and Rent Payment Guaranty, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers a SaaS-driven rent guarantee solution for homeowners and landlords.
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| domain | founded_year | HQ Location |
Offers a platform to help landlords protect against lost rent payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Guarantors
Frequently Asked Questions about The Guarantors
When was The Guarantors founded?
The Guarantors was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is The Guarantors located?
The Guarantors is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of The Guarantors?
Julien Bonneville is the current CEO of The Guarantors. They have also founded this company.
Is The Guarantors a funded company?
The Guarantors is a funded company, having raised a total of $76.72M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jan 01, 2016.
How many employees does The Guarantors have?
As of Dec 31, 2022, the latest employee count at The Guarantors is 5.
What does The Guarantors do?
The Guarantors was founded in 2014 in New York, United States, within the rental insurance sector. Lease guarantee bonds are provided to prospective renters for a fee, enabling apartment qualification while offering landlords equivalent security to lease prepayments. These bonds are backed by Hanover Insurance Group, an A-rated firm with over 13 billion in assets. Operations focus on urban rental markets across the U.S.
Who are the top competitors of The Guarantors?
The Guarantors's top competitors include Paypadz and Rent Payment Guaranty.
What products or services does The Guarantors offer?
The Guarantors offers Rent Coverage, Deposit Coverage, and Zero-Gap Renters Insurance.
Who are The Guarantors's investors?
The Guarantors has 13 investors. Key investors include Canadian Imperial Bank of Commerce, Rocket Internet, Partech Partners, Arch Capital Group, and FJ Labs.