# LeaseSurance: Insurance, Randburg, South Africa

> LeaseSurance: LeaseSurance is a South African InsurTech and PropTech company founded in 2020. Based in Randburg, South Africa. Founded 2020.

Source: https://millionrounds.com/startup/leasesurance (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Insurance startup](https://millionrounds.com/companies)

# LeaseSurance

LeaseSurance is a South African InsurTech and PropTech company founded in 2020.

Funding reported Last round: Seed

Insurance Randburg, South Africa

Company summary

- **Founded:** 2020 6 years old
- **Team:** 5 1 to 10 people
- **Funding reported:** 3M as listed, currency not stated
- **Last round:** Seed Aug 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for LeaseSurance has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About LeaseSurance

LeaseSurance is a South African InsurTech and PropTech company founded in 2020.

It offers a unique solution in the rental property sector by replacing traditional security deposits with lease insurance. This innovative approach allows tenants to pay a small monthly fee instead of a large upfront deposit, providing landlords with adequate insurance coverage for potential damages or rent loss. The company focuses on optimizing rental real estate assets and enhancing portfolio performance for landlords and property operators. LeaseSurance's data-driven risk engine customizes protection levels for individual properties and integrates seamlessly into property management workflows. It serves prominent JSE-listed residential landlords and large privately held property groups in South Africa, operating from Johannesburg. The company has secured funding to support its growth and innovation efforts.

## What company datasets say LeaseSurance raised

Funding, as reported

Reported in all **3M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **210k**

Last round date **Aug 2023**

Investors listed **1**

## The company, in detail

What they build

Known for

leasing automated claims portfolio performance damage cover tenant affordability enterprises lease insurance saas property protection tenant protection information technology & services insurance real estate financial services finance insurance underwriting enterprise software

Built with from their website

Google Tag Manager LiteSpeed WordPress.org Font Awesome Elementor YouTube MailChimp Viewport Meta Google Drive Amazon S3

+8 more

Firebase Underscore.js Priority Hints Google Font API Microsoft Exchange MySQL PrimeNG Microsoft 365 Apps & Services

- **Sector:** Insurance
- **Industry code:** NAICS 52421, 52412, 531390, SIC 6331
- **Region:** Gauteng
- **Part of:** Bryte Insurance Company Limited
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/leasesurance)

## Insurance in South Africa

Startups like it

- [**Inclusivity Solutions** Cape Town · founded 2015](https://millionrounds.com/startup/inclusivity-solutions)
- [**AllLife** Johannesburg · founded 2004](https://millionrounds.com/startup/alllife)
- [**EyeCover Insurance** Pretoria · founded 2015](https://millionrounds.com/startup/eyecover-insurance)
- [**Ctrl Technologies** Paarl · founded 2017](https://millionrounds.com/startup/ctrl-technologies)
- [**kopano.ai** Randburg · founded 2016](https://millionrounds.com/startup/kopano-ai)
- [**InvestSure** Johannesburg · founded 2017](https://millionrounds.com/startup/investsure)
- [**SafeHomes Insurance** Midrand](https://millionrounds.com/startup/safehomes-insurance)
- [**OneSpark** Sandton · founded 2020](https://millionrounds.com/startup/onespark)

## Is this your company?

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