Jetty Raises Undisclosed Equity Investment

Jetty

Jetty, a New York-based financial services company, raised an equity investment of undisclosed amount.

The round was led by Wilshire Lane Capital, a new PropTech-focused fund which is anchored by Morgan Properties, the second largest owner of multifamily housing in the U.S (Source: NMHC).

The company intends to use the funds to accelerate growth and expand its portfolio and investments.

Led by CEO Mike Rudoy, Jetty is a financial services platform on a mission to make renting a home more affordable and flexible. Its integrated suite of products helps property managers increase lease conversions, improve resident retention, reduce bad debt, and boost NOI. For renters, Jetty decreases the financial burden of moving into a new home and offers flexibility with how and when to pay rent.

FinSMEs

22/02/2022