Rhino Files Form D With the SEC
NYC-based Rhino filed its Form D with the SEC in connection to a debt/option round totaling ~$750k. Click here.
Recall: Established in 2017, the startup provides a smart alternative to security deposits for renters and landlords; operating in the space of Jetty and TheGuarantors; to name two.
Bottom Line: One too many new entrants in the rent deposit space. (See slide 56 from our recent presentation titled ‘life insurance under the influence’).