Standby
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Company Information
Standby provides a cash free alternative to putting down a security deposit when moving into a rental unit while at the same time providing landlords with the security that the funds are available to them if needed.
HQ Location
New York, New York,
Year Founded
2021
Number of Employees
11-50
Company Status
Private
Company Website
standby.io
Financials
Last Funding Round
Seed
Products and Services
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Standby Deposits offers a unique Deposit Management System, providing an innovative alternative to traditional security deposits. Unlike insurance or bond products within this space, Standby’s solution is a simple financial product. Renters are first screened to determine their eligibility for a deposit-free move-in, and then given flexible payment options to manage their deposit requirement. Standby Deposits seamlessly integrates with leading property management systems.
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