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New York & Tri-State  + Downtown New York  + Apartments  | 

Jetty Receives Investment from Proptech Fund 

Jetty, a financial services company offering multiple products for both renters and property manager, has received a multimillion-dollar investment from Wilshire Lane Capital, a new proptech-focused fund which is anchored by Morgan Properties.  Terms of the investment weren’t disclosed. 

Lower Manhattan-based Jetty has had a commercial relationship with Morgan Properties since 2020 and the company’s SVP of financial planning and business development, Todd Richman, recently joined Jetty’s real estate advisory board. 

“In addition to joining Wilshire Lane’s growing portfolio of exciting investments, we’re thrilled to further our relationship with Morgan Properties and work even closer with them on current and future products,” said Mike Rudoy, Jetty’s co-founder and CEO. 

Wilshire Lane and Morgan Properties formalized their strategic partnership in January 2022. With Morgan as the anchor investor, Wilshire Lane can leverage its vetting process and identify companies that have proven themselves in-market. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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