Rental insurance tech firm TheGuarantors raises $15 million to expand

TheGuarantors, an insurance technology firm that focuses on the residential rental real estate industry, announced Monday that it recently raised $15 million to help the company expand into commercial real estate. The company launched in New York in 2016 and focused first on a single offering, a lease guarantee where the company acts as a guarantor on leases. From there, the company expanded to offer a security deposit alternative as well as renters’ insurance.