AI-powered Particle Space detects product validation with Liberty Mutual integration
March 5, 2021 | Austin Barnes
A new partnership between Liberty Mutual Insurance and Kansas City-built Particle Space is expected to create an entirely new service, the proptech startup announced this week.
The collaboration sees Liberty Mutual provide tenants with easily-accessible quotes for renters insurance within Particle Space’s artificial intelligence-backed building and property management platform.
“It’s now even easier for property managers to fill vacancies by streamlining the purchase of renters insurance for their new or existing tenants,” the startup explained in a release, promising competitive rates for tenants and more visibility into policy compliance for property managers.
“Having insured tenants is an important aspect for a property manager,” said David Biga, founder and CEO, detailing the efficiency of the one-stop platform.
“This opens up a new world of tenant compliance [for] property management. … Having support from a major insurer like Liberty Mutual creates a new type of service the current industry doesn’t offer within property management platforms.”
The partnership comes after a year of operational growth for Particle Space, Biga told Startland News, looking back on challenges and opportunities found in the COVID-era.
“2020 [was] a year of re-focusing, working with our customers on what we do well, and putting our energy around that to continue to improve and scale our product,” he said, noting the partnership helps establish Particle Space as a serious contender for disruption within the proptech space — and a chance to pull ahead of competitors.
“This partnership gives us validation that [our] focus and listening to the customer has been successful and we’ve seen great growth coming into this year.”
Founded in 2015, Particle Space is now used by property managers in 35 states across the United States.
Under Biga’s leadership the startup has developed open APIs that enable real estate-tech companies to easily integrate with the Particle Space platform — giving residential and commercial property managers a single smart platform to manage leases, tenants, owners, and rent collection.
Click here to learn more about the beginnings of Particle Space and Biga — one of several young tech minds who played a role in growing one of Kansas City’s most lauded startups, EyeVerify.
2021 Startups to Watch
stats here
Related Posts on Startland News
Café Equinox propagates new year-round Liberty location; Nelson brothers taking perennial coffee concept evergreen
Café Equinox initially was meant to operate its coffee shop concept only during the equinox, nestled inside Family Tree Nursery greenhouses, said Jonah Nelson. “From September through March when people don’t have that warm outside space, they can come to the greenhouse,” said Nelson, who operates the family-owned garden centers with his brother, Jessie. “It…
KC Tech Council shuffles tech veterans among key board positions; their goal: keep KC tech competitive
A leadership transition at the top advocacy group for Kansas City’s tech community aims to continue the organization’s mission, while opening even more doors for companies across the region that are brimming with innovation. “We plan to broaden our collective impact within the region by providing new opportunities through policy advocacy, tech talent development, catalyzing…
Pilot program targets $50K ops grants to culturally-driven orgs, businesses in the arts
Small arts programs across the region could receive a $50,000 grant from a new pilot program that aims to provide vital sustainability funding for arts-centric businesses and organizations that often fall through the cracks. Applications for the Cultural Sustainability grants are open through 5 p.m. Friday, Jan. 10. The program plans to give general operating…
10 Kansas City Startups to Watch in 2025
It’ll be a year for entrepreneurs on a mission. Many of the startups poised to make eye-catching headlines in 2025 also are working toward a better future — for the earth, for mothers, for people who love their pets, for Kansas Citians who’ve embraced the city’s craft community, and even for sports enthusiasts honing their…