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ReLease logo — ReLease makes it effortlessly simple for landlords to launch...

ReLease

ReLease makes it effortlessly simple for landlords to launch their own Lease Release Program without spending a dime.

Founded 2022 Canada Toronto, Canada 6 employees Pre-Seed Total: $680.00K Fintech, Insurance +3

General Information

Company Name ReLease
Founded Year 2022
Location Canada Toronto, Canada
Employees 6
Industries Fintech, Insurance, Insurtech +2
Funding Stage Pre-Seed
Social

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About ReLease

ReLease is a Canada-based startup founded in 2022. The company's mission is to simplify the process for landlords to offer Lease Release Programs to their renters without incurring any costs. These programs allow tenants to terminate their lease without any fees by paying a small monthly fee. ReLease's fintech platform seamlessly integrates with existing software, requiring no financial investment from landlords. The platform also provides coverage for up to 6 months of rent in vacancy and turn costs, while sharing revenue with landlords whenever a resident signs up.

In their latest funding round on 01 November 2024, ReLease secured an investment of $150.00K in a Pre Seed Round from REACH. The startup operates within the Fintech, Insurance, Insurtech, Prop Tech, and Real Estate industries, offering innovative solutions that cater to the evolving needs of the rental market. With a focus on financial technology and real estate, ReLease presents an opportunity for investors seeking exposure to disruptive models within the rental and property management space.

Business keywords: Insurance-backed financial guarantee programs, Real estate technology, Property management software, Residential rentals, Multifamily rentals, Flexible rentals, Early lease terminations, Subletting, Subleasing, Proptech, Insurtech, Lease Break Coverage

Services & Products

ReLease Platform for flexible and penalty-free leasing

Target Customers

Landlords property managers renters

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $150.00K 1
REACH
REACH
01 Nov 2024
Pre Seed Round $265.00K 3
Forum Ventures
Forum Ventures, RevTech Labs Capital +1
16 Jul 2024
Pre Seed Round $150.00K 2
HATCHER+ Plug and Play
HATCHER+, Plug and Play
15 Oct 2023
Grant $15.00K 1
Energia Ventures
Energia Ventures
11 Jul 2023
Venture Round $100.00K 1
gener8tor
gener8tor
08 Jun 2023

ReLease Alternatives & Competitors

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ReLease vs
Keyhole
Keyhole Denmark

Helps tenants and landlords with a flexible deposit financing solution, making the rental portfolio...

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ReLease vs
MyHomely
MyHomely Germany

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ReLease vs
Kettel Homes
Kettel Homes United Kingdom

The UK's first open market rent-to-own programme that helps first-time buyers achieve their goal of...

Pre-Seed
6 employees
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FAQ About ReLease

ReLease makes it effortlessly simple for landlords to launch their own Lease Release Program without spending a dime.
ReLease was founded in 2022.
ReLease is headquartered in Toronto, Canada.
ReLease operates in Fintech, Insurance, Insurtech, Prop Tech and Real Estate. Its work centres on Insurance-backed financial guarantee programs, Real estate technology, Property management software and Residential rentals. Its customers include Landlords, property managers and renters.
ReLease has approximately 6 employees.
ReLease has completed 5 funding rounds, raising a total of $680.00K. The latest funding stage is Pre-Seed.
ReLease offers: ReLease Platform for flexible and penalty-free leasing.
Top alternatives and competitors to ReLease include Keyhole, MyHomely, Kettel Homes. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ReLease and Keyhole are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ReLease, https://bouncewatch.com/company/cios, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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