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Standby logo — Managing security deposits on behalf of property managers

Standby

Managing security deposits on behalf of property managers

Founded 2021 6 employees Seed Total: $5.30M B2C, Information Technology +2

General Information

Company Name Standby
Founded Year 2021
Founders / Decision Makers
Team member
Employees 6
Industries B2C, Information Technology, Payments +1
Funding Stage Seed
Social

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About Standby

Standby is a startup founded in 2021, specializing in managing security deposits on behalf of property managers. Their slogan, "Managing security deposits on behalf of property managers," succinctly captures their core mission. The company offers a cash-free alternative to the traditional security deposit process for rental units, providing both tenants and landlords with a more efficient and secure solution. Notably, Standby recently secured a substantial $5.30M in Seed Round investment on 19 April 2023, with backing from prominent investors including Brunnur Ventures and Stodir hf. This infusion of capital underscores investor confidence in Standby's innovative approach and market potential. With a focus on B2C, Information Technology, and Payments industries, Standby is well-positioned to disrupt the real estate and property management space with its innovative solution.

Taxonomy: rental deposits, security deposit alternatives, renter credit score, banking integration, landlord-tenant platform, cash-free rental, funds security, real estate technology, rental credit score, rental payment solutions

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.30M 2
Brunnur Ventures
Brunnur Ventures, Stodir hf.
19 Apr 2023

Standby Alternatives & Competitors

View All Alternatives
Standby vs
Obligo
Obligo United States

We rid landlords & renters from the burden of security deposits

Series B
98 employees
Financial Services, Information Technology
Standby vs
ClearNow Inc
ClearNow Inc United States

ClearNow has been serving landlords, property management companies, and tenants with online rent pay...

5 employees
Payments, Real Estate
Standby vs
RentSpree
RentSpree United States

Our vision is to create a world where people, rentals, and homes are easily connected.

Series B
158 employees
Payments, Prop Tech
View all alternatives

FAQ About Standby

Managing security deposits on behalf of property managers
Standby was founded in 2021.
Standby operates in B2C, Information Technology, Payments and Real Estate. Its work centres on rental deposits, security deposit alternatives, renter credit score and banking integration.
Standby has approximately 6 employees.
Standby has completed 1 funding round, raising a total of $5.30M. The latest funding stage is Seed.
Top alternatives and competitors to Standby include Obligo, ClearNow Inc, RentSpree, 123 Loger, Hococo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Standby and Obligo 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 Standby, https://bouncewatch.com/company/standby, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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