LeaseLock: Everything You Want to Know

Ricardo Garcia
LeaseLock Product & Engineering
4 min readAug 18, 2021

Our Company

LeaseLock is the world’s leading insurtech platform for enterprise real estate.

Our flagship lease insurance product, Zero Deposit™, leverages artificial intelligence to eliminate security deposits from the enterprise operating infrastructure — powering a faster, simpler, more beneficial rental transaction for property owners, managers, and renters.

LeaseLock has insured over $1 billion in leases backed by insurance rated A (Excellent) by A.M. Best. Our global investors include SoftBank Ventures Asia, Wildcat Ventures, Westerly Winds, Vertex Ventures US, Liberty Mutual Strategic Ventures, American Family Ventures, Moderne Ventures, and Mucker Capital.

Our Product

LeaseLock Zero Deposit is an insurtech software platform that automatically eliminates security deposits at apartment communities. We’ve created a new category of insurance — lease insurance — designed specifically to protect the property management company adequately. LeaseLock seamlessly deploys through deep system integrations with property management systems. Zooming out further, we aim to build a platform that modernizes insurance transactions and risk management across the real estate industry.

Our Team

LeaseLock is a diverse group of entrepreneurs, product managers, real estate leaders, and insurance executives — and of course, software engineers! As a tech-focused and data-driven company, most employees are within product and engineering. We are fortunate to have such a talented team assembled and are eager to add to our growing company.

Our Philosophy

LeaseLock is a data and engineering company at heart. Many of the technical challenges revolve around organizing, cleaning, and deriving insights from large data sets. Outside of data, we create automation and efficient workflows for our customers — this includes integrating with other software systems and building web applications.

  • Data Engineering — Wrangling large data sets and delivering clean data.
  • UX & Automation — Making our product simple, touchless, and delightful for our customers.
  • Data Science — Using past behavior to make predictions and forecast models.

Our Technology Stack

Our technology solutions stack includes the following tech:

  • Amazon Web Services / CircleCI / GitHub
  • S3, Postgres, Redshift
  • Node.js / Serverless
  • React.js / Typescript
  • Python / scikit-learn / Airflow
  • Looker

Our Approach

Code Reviews

We use GitHub to manage our code and much of our development workflow. We use GitHub to ensure every line of code is peer-reviewed before being merged.

Testing

Our code is thoroughly tested at ~93% coverage by line (and counting). Unit and integration tests are required for code to be merged.

Agile Development

We take an agile approach with a focus on short, repeatable sprint cycles with tangible deliverables. We keep rituals and meetings to a minimum and operate on 2-week cycles for most projects.

Partnership with Product

Engineering and Product work very close together. Product is responsible for the “what” and the “why,” while engineering is focused on the “how.” The Product team handles prioritization and scheduling while engineering defines the right technical approach and implementation.

Automation & CI / CD

We automate our tasks—testing, deployment, linting, etc. We strive for a development workflow that is focused on engineering and problem solving — not performing repetitive tasks.

Logging, audit trail, & transparency

Since LeaseLock is a financial product & platform, we need great visibility into our platform. We have compliance requirements that require us to maintain a detailed history of transactions taking place within our systems.

Security & Compliance

LeaseLock operates in two heavily regulated industries — Insurance and real estate. Since LeaseLock deals with personal and financial information, we must maintain high standards in security and compliance. LeaseLock is SOC 2 compliant, and engineering plays a key role in safeguarding information and maintaining a high availability platform.

Perks, Compensation & Growth Potential

LeaseLock pays competitively and offers great perks in this remote-first world.

  • Perks
  • Unlimited WFH
  • Unlimited PTO
  • 15 paid holidays per year
  • A dog-friendly office close to the beach
  • Compensation
  • Competitive salaries
  • Stock options
  • 401k with matching
  • Transparent pay and leveling structures

Our levels are well-defined and provide a growth roadmap for everyone. Know your path to leveling up. Compensation bands are defined for each level which creates transparency and fairness in pay.

We offer distinct tracks for DS (Data Science), IC (Individual Contributor), and managers.

Our Career Opportunities

Interested in joining our growing team? Check out the LeaseLock Careers page or feel free to email jobs@leaselock.com with the following information:

  • LinkedIn URL
  • GitHub URL
  • Link to portfolio or blog
  • Resume / CV

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