Rhino

Rhino Labs, Inc. is a licensed insurance agency that provides innovative insurance solutions for residential units, focusing on replacing traditional security deposits with low-cost insurance options. Founded in 2017 and based in New York, the company enables renters to afford their desired homes by offering financial alternatives that eliminate the need for upfront deposits. This model not only helps renters build credibility for future housing opportunities but also reduces vacancies for landlords by protecting their properties from damages and unpaid rent. Rhino acts as a general agent for various insurance carriers, facilitating a more accessible rental market for both tenants and property owners.

Jain, Ankur

Co-Founder and Chairman

2 past transactions

Jetty

Acquisition in 2025
Jetty Insurance Agency LLC, founded in 2015 and headquartered in New York, provides property and casualty insurance products with a focus on the real estate sector. The company aims to simplify the leasing process and enhance conversion rates for property managers while making renting more affordable and accessible for residents. Jetty's innovative platform helps property managers reduce bad debt and streamline operations, ultimately lowering the financial barriers for renters and saving them significant move-in costs.

Deposify

Acquisition in 2022
Deposify Limited, founded in 2014 and based in Dublin, Ireland, specializes in deposit management services tailored for landlords and tenants. The company addresses common challenges associated with rental deposits and related disputes by providing an escrow-as-a-service (EaaS) platform. This innovative solution allows property managers and landlords to create security deposit trust accounts conveniently from any device. By enabling users to manage and control the timing and payment of rental deposits, Deposify streamlines the process and enhances transparency, ultimately improving the experience for all parties involved in the rental agreement.
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