Jetty, a Silicon Valley-backed rental-insurance startup, has laid off 40 percent of its workforce, The Real Deal has learned. The New York-based company cut more than 30 jobs as it looks to shore up its balance sheet to weather the coronavirus crisis, a spokesman confirmed. Launched in 2017, Jetty sells rental insurance to tenants and acts as a guarantor on leases in exchange for 5 percent to 10 percent of the annual rent. Founded by
source https://therealdeal.com/2020/04/06/rental-insurance-startup-jetty-lays-off-40-of-staff/
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