Same security, zero hassle—a fully automated, digital solution at no cost to you.
Renters open their own high-yield savings accounts that lock during the lease so charges can be automatically deducted at move-out.
Whale is a renter-owned, high-yield savings account that locks for a renter’s lease term, ensuring landlords have access to the full security deposit before it's returned electronically at lease end.
Advisory services are offered by Build Whale, Inc., an SEC-registered Investment Advisor. Funds are held by Alpaca, member FINRA SIPC. Each renter’s account is FDIC-insured up to $1,000,000.
"Eliminating the burden of administering thousands of security deposits each year has been a huge win for our operations, finance, and on-site teams. Our residents love that they're earning money each month and are pleased to get their deposit back instantly when they move-out. Talk about a win-win." *
Proptech Founder - Varro Capital, 14,000 units
"When I saw the tenant's deposit in Whale and off my books it was a good feeling. Like relieving me of a burden. I was a little concerned about the process and making the change, but it was so easy and that feeling of relief makes it feel like Whale should be a no brainer for landlords." *
Landlord - 15 units
"Our experience with Whale has been exceptional, and we believe it offers substantial value to both landlords and tenants. The platform enables tenants to earn interest on their deposits, which they greatly appreciate, and it alleviates the administrative challenges of collecting and disbursing deposits. Whale is also an effective marketing tool when presenting properties to prospective tenants. We confidently recommend Whale to any landlord seeking a reliable and efficient solution." *
Asset Manager - Charney Companies, 2,000 units
"Whale is solving a real problem in multifamily. Whale’s platform streamlines the entire process, eliminates administrative headaches, and unlocks real value for our teams and our residents.
The genuine 'win-win' scenario for residents, who can actually earn interest on their deposits, and operators, who save time, money and mitigate legal risk, shows that Whale has created something special. Whale is setting a new standard in how deposits should work.” *
COO - Bridge Property Management, 61,000 units