Standby Deposits
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Standby Deposits

https://www.standby.io/
Last activity: 20.04.2023
Tags:FinTechRentalSecurityService
Standby Deposits is a line of credit extended to the tenant and available to the landlord. The line is only drawn if the landlord needs to access the deposit as per the terms of the lease agreement. Standby Deposits are available to everyone - including renters with no or low credit scores. The pricing varies based on the credit score of the renter and starts at just $4 per month for a $1, Standby Deposit.
Followers
305
Website visits
7.5K
Mentions
4
Employees: 1-10
Total raised: $8.8M
Founded date: 2021

Funding Rounds 2

DateSeriesAmountInvestors
20.04.2023Seed$5.3M-
06.03.2023-$3.5M-

Mentions in press and media 4

DateTitleDescriptionSource
20.04.2023USA-based Standby Deposits raises USD 5.3 million in seed fu...New York, USA-based provider of a novel credit-based payment system for rental deposits, Standby Dep...vcbay.news...
19.04.2023Standby Deposits Raises $5.3M in Seed FundingStandby Deposits, a New York-based provider of a novel credit-based payment system for rental deposi...finsmes.co...
19.04.2023Standby Deposits Secures $5.3 Million to Redefine Rental Dep...NEW YORK–(BUSINESS WIRE)–April 19, 2023– Standby Deposits, a pioneering New York-based start-up, is...venturebea...
-Standby Deposits“Standby Deposits is a rental security deposit replacement based on credit.”fastfounde...