Garentii provides an all-in-one platform that replaces cash rental deposits with a digital security deposit insurance solution, allowing renters to pay a monthly fee starting at €3 instead of a multi-month lump sum. The platform gives landlords a single place to manage deposit policies, reduces administrative burden, and offers 48-hour pay-outs on claims for damage or unpaid rent. Garentii’s embedded insurance design aims to ‘unfreeze’ the estimated €30 billion in cash deposits held in Germany by making deposits more liquid and affordable. The company was founded in 2021 by CEO Michael Hazoume, CBDO Dennis Stern, and CTO Vitaliy Zhovtyuk and is headquartered in Munich. Garentii plans a market launch in Germany in June and intends to expand into other countries later in the year. The recent funding will support the platform launch and early growth.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2022