Huckletree partners with Insurami to offer its members deposit-free agreements
Partnership with Deposit Guarantee platform enables seamless access to Huckletree’s workspaces
7 December 2021
Huckletree, the workspace and accelerator group, has partnered with Deposit Guarantee platform Insurami to offer deposit-free deals for their members. The partnership will provide Huckletree’s 3000+ members with the option to replace their traditional refundable licence fee with a small monthly payment, allowing them to save over 95% of their upfront deposit costs.
By offering Deposit Guarantees to its members, Huckletree is demonstrating commitment to offering its members a best-in-class workplace experience and understanding of the need for greater flexibility as businesses adapt to a changing landscape due to the pandemic. Deposit Guarantees remove the need to tie up working capital upfront for a deposit, resulting in the money able to be invested instead into the occupier’s business.
Gabriela Hersham, CEO and Co-Founder, Huckletree, commented: “Our mission is to help the most innovative companies, from startup to multinational enterprises, grow and succeed. A huge aspect of that is creating the space and environment for teams to work, collaborate and expand. Our partnership with Insurami forms a key part of our commitment to our members to support them in their growth journeys, by providing them with an innovative solution that enables them to focus on their business.”
Majed Chaaraoui, CEO and Founder of Insurami, added: “We are really happy to announce our partnership with leading flexible workspace brand Huckletree, ensuring their members are able to benefit from deposit-free commercial leasing. As a growing company it is fantastic to partner with a provider that focuses on young scaling companies, and we are pleased to be able to provide our solution to help them reduce costs. Partnering with Huckletree is testament to the strength of our Deposit Guarantee product, which provides a win-win solution to offering landlords protection whilst enabling SMEs to retain capital invested in their business.”
Insurami’s Deposit Guarantees enable deposit-free and seamless commercial leasing and are available across the entirety of the commercial real estate sector, including offices, retail, logistics and operational real estate. Insurami is experiencing momentum across the commercial property sector, with Huckletree the latest company to sign up to the platform, following partnerships with The Howard de Walden Estate and Impact Working.
Insurami is commercial real estate’s Deposit Guarantee platform - setting a new market standard by enabling deposit-free and seamless commercial leasing. Instead of locking up cash, tenants pay a small monthly fee for a Deposit Guarantee which pays out to the landlord if the tenant defaults. Deposit Guarantees offer landlords the equivalent level of security and risk management as a traditional cash deposit and allow landlords to maximise their protection against tenant default, whilst saving tenants over 95% of their upfront deposit costs.
Huckletree is a workspace accelerator group and ecosystem builder, supporting 3000+ members within the most exciting startups, scaleups and corporates across the UK and Ireland. Our members come together to work, collaborate, exchange ideas and build their next venture throughout our six hubs and several bespoke workspace (‘Places’) locations.
We believe you can’t change the world alone, which is why we’re on a mission to help the most innovative companies, from startups right the way through to multi-national enterprises, take leaps and do braver work together. We're more committed than ever to creating the space and environment for teams to work, grow their venture, collaborate together and pioneer whatever comes next.
We build curated workspace ecosystems for the most innovative businesses across the UK and Ireland. By bringing together a hand-picked community of experts and advisors, we support our members' growth and help them make the greatest possible impact in their industry.