Announced
Synopsis
PayPal Ventures, an investment company, and Experian Ventures, a venture capital firm, agreed to invest in Jetty, a financial services company that develops a real estate insurance platform. Financial terms were not disclosed. "We believe that working with the most respected names in financial services is the fastest and most effective way to help us achieve our vision. Beyond additional capital, this investment gives us access to a new toolset to improve our current products and bring new solutions to market. Demand for renter-focused financial services has never been greater and we remain focused on alleviating the financial pain being felt by renters across the country," Mike Rudoy, Jetty Co-Founder and CEO.
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