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
‘Younger eyes’ at Street Wearhouse see opportunity to win through the screen as digital personality meets quality printing
The owners of a recently-opened print studio hope to make an imprint on the industry by taking a different approach to garment design and production, they said. Street Wearhouse, co-founded by Alex Trinkle and Tyler Love, specializes in printing and embroidering T-shirts, hats, and other apparel from its North Kansas City production facility. Trinkle, who…
One of KC’s hottest smashburgers is at this all-natural wine bar; how Big Mood uncorked its potential with popup food, live music
Kansas City’s first all natural wine shop has evolved into more than simply a place to buy wine, said Richard Garcia; Big Mood Natural Wines now is the go-to spot for food, drinks, live entertainment and community. “Big Mood has morphed organically over the past few years into what it is now. When we first…
MVP in his field: Royals groundskeeper earns his own bobblehead for keeping The K green amid ups and downs
For the club’s first-ever Ag Night, the Kansas City Royals are celebrating — and bestowing the honor of a bobblehead — on their very own farmer. That’s what Trevor Vance — who has been keeping the field at Kauffman Stadium perfectly manicured for nearly 40 years — considers himself and other groundskeepers, he shared. “We’re…
Right to Start plans GOP debate on entrepreneurship; If America is going to be saved, Heartland innovators will be key, says leader
A nonprofit founded by a former Kauffman Foundation executive is planning a first-of-its-kind forum on entrepreneurship with four Republican presidential candidates this Friday in the Midwest. Right to Start is a nonpartisan organization that champions entrepreneurship as a civic priority through grassroots organizing and policy advocacy, with the goal of expanding entrepreneurial opportunity. Friday’s forum…