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
This beloved family chicken chain is dropping its first new location in decades; Go for its G-Sauce in 2025
Kansas City’s longtime favorite Go Chicken Go is expanding to the Northland — its first new location in nearly 25 years. The hometown staple — a family-owned, third generation business based in Overland Park — is taking over the former Taco Bueno freestanding building at 380 N.E. Vivion Road, for an early 2025 opening. The new…
BLK + BRWN owner calls on funders to co-author bookstore’s story of activism for silenced narratives
A recently launched crowdfunding campaign to help BLK + BRWN make rent could mean the difference between access and censorship for the community served by the indie bookstore, said Cori Smith. “This is my flavor of activism,” Smith said of BLK + BRWN, the 39th Street business she describes as both a passion project and…
Fresh pour at former Ça Va space: Popular chef takes over Westport hotspot with crisp new Champagne concept
Westport Champagne bar and bistro Ça Va closed in March for a quick rebrand. Six months later, a new name, owner and concept are bubbling in the space — with plans to reopen by the holidays. Chef Amante Domingo — perhaps best known for his Midtown restaurant The Russell — is taking over the spot…
How a $4B Panasonic plant could ‘revolutionize region’s economy’ — starting next year
Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. Kansas Gov. Laura Kelly believes the opening of the $4 billion electric car…