LeaseLock Culture | Comparably
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LeaseLock Claimed Company
We eliminate deposits. LeaseLock helps the world find "home". Powered by insurance technology, LeaseLock delivers a modern lease experience for rental housing—faster, simpler and more affordable. LeaseLock eliminates deposits, bonds and guarantors. Renters pay an affordable monthly fee that generates over $5,000 in coverage for the property on every lease. LeaseLock has insured over $300 million in leases backed by insurance rated A (Excellent) by A.M. Best. read more
EMPLOYEE
PARTICIPANTS
11
TOTAL
RATINGS
168

LeaseLock Company Culture

LeaseLock Culture

This score is derived from employee ratings & reviews
3.4/5
LeaseLock's Overall Culture is rated C+

Top Rated Culture Dimensions

LeaseLock CEO

Bottom 45%Bottom 45% of Similar Size Companies on Comparably
Derek Merrill LeaseLock's CEO
Derek Merrill
70 /100

Diversity at LeaseLock

Bottom 45%Bottom 45% of Similar Size Companies on Comparably
C

Diverse employees at LeaseLock have rated Happiness, Work Culture, and CEO Rating as the highest categories they have scored

Women at LeaseLock

LeaseLock eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 35%Bottom 35% of Similar Size Companies on Comparably

Recommend to a Friend?

0

LeaseLock employees are 0% more likely to recommend LeaseLock as a great place to work

44%Promoters
12%Passives
44%Detractors

Working at LeaseLock

Working at LeaseLock is rated average by 11 employees, across various culture dimensions. LeaseLock employees are most satisfied about Perks And Benefits, Office Culture, and Compensation categories, putting LeaseLock’s culture in the Top 50% compared to similar sized companies on Comparably and in the Top 35% compared to other companies in Los Angeles. See below in detail how working at LeaseLock was rated by employees.

Overall Company Culture at LeaseLock

C+

Overall Company Culture at LeaseLock is rated C+

Last updated months ago

Top
50%

LeaseLock ranks in the Top 50% of other companies on Comparably with 11-50 Employees for Overall Company Culture Score

LeaseLock Employee Reviews

Out of 30 LeaseLock employee reviews, 85% were positive. The remaining 15% were constructive reviews with the goal of helping LeaseLock improve their work culture.

85%
15%
Positive Reviews85%
Constructive Feedback15%

Positive Reviews From LeaseLock Employees

  • What is the best part about your compensation package?
    The salary is the best thing
  • What do you like best about the leadership team?
    Theyre not afraid to protect the bottom line
  • What did you like most about the interview process?
    Open and Honest Dialogue with clear Values

Constructive Feedback From LeaseLock Employees

  • What does the leadership team need to get better at?
    Some display blatant favoritism for certain employees.
  • What needs to change to make the company culture better?
    Encourage employee bonding and communication, establish an effective HR department so employees feel supported
  • What's going wrong and how can it be improved?
    Favoritism needs to stop. Everyone needs to be treated equally.

LeaseLock Company Information

LeaseLock Company Overview

We eliminate deposits. LeaseLock helps the world find "home". Powered by insurance technology, LeaseLock delivers a modern lease experience for rental housing—faster, simpler and more affordable. LeaseLock eliminates deposits, bonds and guarantors. Renters pay an affordable monthly fee that generates over $5,000 in coverage for the property on every lease. LeaseLock has insured over $300 million in leases backed by insurance rated A (Excellent) by A.M. Best.

LeaseLock was founded in 2012 and its current CEO is Derek Merrill. Since its inception 14 years ago, LeaseLock has grown to 34 employees.

LeaseLock Mission, Vision & Values

LeaseLock Mission & Values

LeaseLock helps the world find home. We are transforming the rental housing market for the better—making leasing faster, simpler and more affordable.

Headquarter480 Washington Blvd
Marina Del Rey, CA 90292
United States of America
Websitewww.leaselock.com
Founding Date2012
Tel3109062900
Company StatusPrivate
Jobsleaselock.com/jobs/
Social Sites

LeaseLock Employees

LeaseLock has 34 employees. 11 employees at LeaseLock have reviewed LeaseLock across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 11 LeaseLock employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at LeaseLock are pleased with their total compensation at LeaseLock, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at LeaseLock are extremely happy with their team. 11 Participants grade the quality of their coworkers a B. The majority believe the meetings at LeaseLock are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at LeaseLock believe the environment at LeaseLock is positive. Most Participants believe the pace of work at LeaseLock is moderate. About 40% of the employees at LeaseLock work 8 hours or less.

Overall, the employees at LeaseLock are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining LeaseLock - Employee Onboarding

The prevailing opinion from employees about joining LeaseLock is that the company was somewhat prepared on their first day. LeaseLock employees concluded that their overall onboarding experience was positive. 67% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

LeaseLock KPIs and OKRs

At LeaseLock 50% of employees think their department KPIs and OKRs are clear. Employees’ understanding of LeaseLock's KPIs and OKRs is essential for its success. Out of 4 LeaseLock employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.

AnswerPercent
Yes50%
No50%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes50%
No50%
Are the KPIs/OKRs for your department clear?

LeaseLock CEO & Leadership

LeaseLock CEO - Derek Merrill

Derek Merrill LeaseLock's CEO
70 /100

LeaseLock’s CEO Derek Merrill started in this role in 2020. Derek’s approval rate is lower compared to CEOs at similar sized companies, putting Derek in the Bottom 45% of all CEOs of similar-sized companies on Comparably, and in the Top 50% compared to CEOs of all other companies in Los Angeles. Derek Merrill’s employees rank LeaseLock in the Top 5% for Perks And Benefits, in the Top 20% for Office Culture, and in the Top 30% for Compensation.

LeaseLock Leadership

The LeaseLock Executive Team is rated a “C-” and led by CEO Derek Merrill, CTO Aaron Geisler, and Director of Insurance & Risk Matthew Arnold

  • Derek Merrill  CEO / President

    Derek Merrill CEO / President

    Derek Merrill serves as the CEO / President of LeaseLock.

  • Aaron Geisler CTO

    Aaron G serves as the CTO of LeaseLock. Aaron started at LeaseLock in Apr of 2018. Aaron currently resides in the United... read more

  • Matthew Arnold Director of Insurance & Risk

    Matthew Arnold serves as the Director, Insurance & Risk of LeaseLock. Matthew started at LeaseLock in July of 2018.... read more

  • Ed Wolff CRO

    Ed Wolff serves as the CRO of LeaseLock.

  • Reichen Kuhl President, Founder, Chief of Insurance & Risk

    Reichen Kuhl serves as the President, Founder, Chief of Insurance & Risk of LeaseLock.

  • Ted Rupp CSO

    Ted Rupp serves as the CSO of LeaseLock.

  • Rochelle Bailis VP of Marketing

    Rochelle Bailis serves as the VP of Marketing of LeaseLock.

  • Lindsey Holland VP of Accounts

    Lindsey Holland serves as the VP of Accounts of LeaseLock.

  • Ricardo Garcia VP of Engineering

    Ricardo Garcia serves as the VP of Engineering of LeaseLock.

Diversity & Inclusion at LeaseLock

Diverse employees at LeaseLock score the company 74/100 across various culture categories, placing LeaseLock in the Bottom 45% of companies on Comparably with 11-50 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at LeaseLock across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

LeaseLock Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Performance Bonus

Office Perks

  • Free Food
  • Pet-Friendly
  • Company Social Outings
  • Legal Assistance
  • Work From Home Policy
  • Unique Office Space

LeaseLock PTO

LeaseLock's PTO and Vacation policy typically gives unlimited days off a year with 0% of employees expected to be work free while out of office. Paid Time Off is LeaseLock's most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit. LeaseLock's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy100%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes100%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo100%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

LeaseLock Careers

LeaseLock Jobs

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H1B Visa

In 2019, LeaseLock applied for 1 H1B visas.

Work Permit Application Outcome

LeaseLock has a total of 34 employees

1
Total Applied
  • 0% Granted ( out of 1)
  • 100% Denied (1 out of 1)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 1)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 1)

This data was calculated using publicly sourced data from OFLC Performance Data

Let LeaseLock Know You Want To Work There

Overview of Candidates Interested in LeaseLock on Comparably

Candidates By Department

Finance
100%

Candidates By Location

Los Angeles
100%

Frequently Asked Questions regarding LeaseLock

What is LeaseLock address?

LeaseLock location is at 480 Washington Blvd

Who is the CEO of LeaseLock?

LeaseLock CEO is Derek Merrill, their score by employees is 70

How many employees work in LeaseLock?

LeaseLock has 34 employees

What are the benefits at LeaseLock?

LeaseLock perks and benefits are Dental Insurance, Vision Insurance, Health Insurance, Life Insurance, PTO / Vacation Policy, Paid Holidays, Maternity / Paternity Leave, 401K / Retirement Plan, Performance Bonus, Free Food, Pet-Friendly, Company Social Outings, Legal Assistance, Work From Home Policy & Unique Office Space

Who is LeaseLock leadership?

Aaron Geisler, Matthew Arnold & Ed Wolff are part of LeaseLock leadership, Derek Merrill is the CEO

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