Standby Deposits: Funding, Investors & Team (Aug 2026)
Standby Deposits is a company that has developed a platform that offers an alternative to rental deposits for tenants. Through this platform, landlords and tenants are connected, and security deposits are eliminated. Renters are able to lease properties based on their rental credit score, while bank integration ensures timely rent transfers.
Standby Deposits has raised $3.5M across 1 funding round on record, the most recent an undisclosed round of $3.5M announced in Mar 2023.
That round is in line with the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Standby Deposits Company Profile and Key Stats
Latest funding round on record: Mar 2023.
Standby Deposits Funding Rounds
Standby Deposits Founders and Leadership Team
Contact details for the Standby Deposits team: 1 of 1 has an email address on file.
Start 14-day free trial →Standby Deposits Funding Compared to Other Commerce and Shopping Startups
Standby Deposits' latest round of $3.5M is in line with the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Standby Deposits Funding FAQs
What does Standby Deposits do?
Standby Deposits is a company that has developed a platform that offers an alternative to rental deposits for tenants. Through this platform, landlords and tenants are connected, and security deposits are eliminated. Renters are able to lease properties based on their rental credit score, while bank integration ensures timely rent transfers.
How much funding has Standby Deposits raised?
Standby Deposits has raised $3.5M across 1 round on record. The most recent is an undisclosed round of $3.5M announced in Mar 2023.
When did Standby Deposits last raise funding?
Standby Deposits' most recent funding round on record is an undisclosed round of $3.5M, announced in Mar 2023.
Who founded Standby Deposits?
FundedIQ lists Elvar Thormar (Founder) at Standby Deposits.
Where is Standby Deposits headquartered?
Standby Deposits is based in New York, United States.
How many employees does Standby Deposits have?
Standby Deposits is in the 1-10 employee band.
How does Standby Deposits' funding compare to other Commerce and Shopping startups?
Standby Deposits' latest round of $3.5M is in line with the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Standby Deposits Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Standby Deposits is left off this page rather than filled in.
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