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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.
- ◦Financing

