Rhino Raises $1.94 Million to Launch the First Smart Alternative to Security Deposits

PRESS RELEASE: NEW YORK–(BUSINESS WIRE)–September 7, 2017– Rhino today announced the launch of its security deposit alternative for renters and landlords in New York City and its seed financing of $1.94 million, led by ff Venture Capital. A major new player in the high-growth “Real Estate Tech” and “InsureTech” sectors, Rhino replaces the old way of doing business – large upfront security deposits paid by renters and escrows managed by landlords &n