Ebie provides property owners with rental guarantee insurance to secure rental income and reduce financial risk. The platform offers data-driven risk analysis and real-time monitoring throughout the tenancy period. This service simplifies the leasing process by replacing traditional security deposits with comprehensive coverage.
Funding
$740.4K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial real estate leases often require tenants to provide substantial security deposits or bank guarantees, which ties up significant working capital. This practice limits tenant liquidity and can create friction during lease negotiations, potentially increasing vacancy rates for landlords.
Solution
Ebie provides a rental guarantee insurance product that serves as an alternative to traditional security deposits and bank guarantees for commercial leases. This financial instrument offers landlords equivalent security against tenant default, such as non-payment of rent or property damage, while freeing up the tenant's capital. The insurance premium is calculated based on the tenant's risk profile, making it a more flexible and capital-efficient solution for both parties. Ebie facilitates the entire process, from application to policy issuance, streamlining lease agreements and enhancing liquidity for businesses.
Target Audience
The primary target audience includes commercial property owners and landlords seeking to reduce tenant friction and vacancy rates, as well as businesses and tenants looking to preserve capital and improve liquidity during lease agreements.
Features
- Rental guarantee insurance policy that replaces traditional security deposits and bank guarantees for commercial property leases.
- Underwritten by Gar-Bo Försäkring AB, providing financial backing and risk mitigation for landlords.
- Tenant premium is determined by an individual risk assessment, ensuring a tailored cost structure.
- Streamlined digital application and underwriting process, with quotes typically provided within 1-2 business days.
- Facilitates lease negotiations by removing the need for tenants to block significant capital.
- Offers a platform for landlords to manage multiple rental guarantee policies and assess tenant risk.
- Provides a risk management tool, Ebie Analytics, for data-driven insights into tenant creditworthiness and potential rental loss.