Loading organizations...

§ Private Profile · New York City, NY, USA
Real estate insurance platform provides renters insurance & guarantor services to simplify leasing for renters and real estate institutions.
Jetty develops a real estate insurance platform that provides renters insurance and guarantor services to simplify leasing, based in New York, United States. The company offers low-cost insurance options for renters and partners with real estate institutions to improve conversion rates, earning revenue through premiums and guarantor services. Jetty has raised a total of $40.5 million in venture capital funding, including a $25 million Series B round in 2019 led by Khosla Ventures. Other notable investors include Valar Ventures (Peter Thiel), Ribbit Capital, and Flourish Ventures, with Keith Rabois of Khosla Ventures serving on its board. Founded in 2015 by co-founders Michael Rudoy and Luke Cohler, Jetty competes with other insurtechs in the real estate sector. Its business model centers on earns revenue through renters insurance premiums and guarantor services, funded by venture capital investments totaling $40.5 million as of 2019.
Jetty has raised $114.7M across 6 funding rounds.
Jetty has raised $114.7M in total across 6 funding rounds.
Jetty has raised $114.7M in total across 6 funding rounds.
Jetty's investors include Antler, Citi, Emmalyn Shaw, CreditEase, K5 Global, Honda Xcelerator Ventures, ManchesterStory Group, Oxonian Ventures, Rebalance Capital, Ribbit Capital, Valar Ventures, Andrew McCormack.
Jetty Technologies is a UK-based technology company providing a white-label SaaS platform for customer management and billing, tailored for gigabit fibre-to-the-home (FTTH) retailers and communication service providers.[1][2][3] It automates the full end-to-end customer journey—including sales, order provisioning, customer service, billing, payments, contact center tech, hardware logistics, and digital apps—enabling retailers to scale efficiently, comply with regulations, and deliver frictionless experiences under their own brand.[1][2] The platform serves altnets (alternative networks) and telecom providers, solving pain points like high support costs, complex customer journeys, and rapid scaling needs in the fibre rollout market, with a team of about 20 product and engineering experts driving weekly releases using machine learning and data analytics.[1][3]
Launched via management buyout in 2022, Jetty has gained traction with partners like Total Telecom and builds on telecom veterans' expertise to prioritize customer-centric automation, reducing agent handling to complex cases only.[2][3]
Jetty's foundations were laid in 2018 within OVO, a UK energy and telecom provider, to improve experiences for its ~150,000 fibre and phone customers while cutting support costs.[1] OVO's product and customer service teams built it in-house, integrating best-in-class third-party tech like Pegasystems for automation, focusing on deep customer understanding.[1]
In 2022, the platform and team spun out as an independent company through a management buyout led by Alex Hollingdale, OVO's former Director of Retail Telecoms with prior experience at SSE plc.[1][2][3] The board includes Vinny Casey (CFO at OVO) and Steven Ackroyd (VP at OVO & Vertical Aerospace), blending telecom ops, finance, and growth expertise.[2] Early traction came from OVO's internal use, evolving into a scalable offering for external fibre retailers.[1][2]
(Note: A separate US company named Jetty, focused on real estate embedded finance like deposit alternatives and rent payments, exists but matches less closely with the "technology company" query emphasizing fibre tech; primary focus here is the UK telecom platform.[4])
Jetty rides the global gigabit fibre expansion wave, particularly the UK's altnet boom, where retailers need tools to deploy high-speed broadband amid government targets for nationwide coverage.[1][2] Timing aligns with surging demand for FTTH, driven by remote work, 5G complements, and consumer shift to multi-gigabit services—market forces favoring scalable, compliant platforms over legacy systems.[3]
By enabling white-label ops, Jetty lowers barriers for altnets, accelerates consumer rollout, and influences the ecosystem through expertise sharing and partnerships (e.g., Total Telecom), consolidating fragmented customer bases and boosting fibre adoption.[1][2]
Jetty is poised for expansion as UK fibre penetration grows toward 2030 targets, potentially targeting Europe or adjacent digital services like 5G fixed wireless.[1][3] Trends like AI-driven personalization and regulatory pushes for open networks will shape its trajectory, enhancing ML features for predictive support.
Its telecom-native team and sticky end-to-end model position it to capture share from incumbents, evolving influence by powering more gigabit consumers—accelerating the fibre revolution that began in OVO's labs.
Jetty has raised $114.7M across 6 funding rounds. Most recently, it raised $190K Seed in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $190K Seed | — | Antler | Announced |
| Sep 7, 2021 | $23M Venture Round | Citi, Emmalyn Shaw | CreditEase, K5 Global | Announced |
| Jul 1, 2021 | $51M Series B | — | Honda Xcelerator Ventures, Manchesterstory Group, Oxonian Ventures, Rebalance Capital | Announced |
| Feb 6, 2019 | $25M Series B | — | Ribbit Capital, Valar Ventures | Announced |
| Aug 8, 2017 | $11.5M Series A | Andrew Mccormack | BoxGroup, RED Swan Ventures, Ribbit Capital, SV Angel | Announced |
| Apr 8, 2017 | $4M Seed | — | BoxGroup, MetaProp, RED Swan Ventures, Ribbit Capital, Social Capital, Solon Mack Capital, SV Angel | Announced |