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
Lawrence cybersecurity startup raises $1.85M pre-seed round led by KC’s Flyover Capital
A startup focused on detecting hidden malware and preventing costly ransomware attacks announced a power-packed pre-seed funding round to push its pending launch — with the backing of a trio of high-profile regional investors. The investment in cybersecurity pioneer Invary was led by Flyover Capital, with additional participation from NetWork Kansas GROWKS Equity program, and…
Pickle and Suede: Sporty new line plays on jewelry brand’s versatility, flexes creative muscle
Nickel and Suede is hitting the court this summer, served co-founder Kilee Nickels. The Liberty-based jewelry brand — which just celebrated its ninth birthday — has released a pickleball paddle in collaboration with Recess Pickleball, along with a line of “just the right” accessories to coordinate. “It’s kind of our stamp of approval,” Nickels said.…
Fund Me, KC: Zanago founders seek support to close funding gap for real estate transparency platform
Startland News is continuing its “Fund Me, KC” series to highlight area entrepreneurs’ efforts to accelerate their businesses or lend a helping hand to others. This is an opportunity for business owners and innovators — like Louis Byrd and Arlene Byrd from the social impact tech company Zanago — to share their crowdfunding stories and potentially…
C2FO launches empowerment grants to boost Black-owned businesses, entrepreneurs
A new grant program from one of Kansas City’s most high profile scaleups is expected to empower — and help fund — three nonprofit organizations serving Black-owned businesses and entrepreneurs, said Jessie Fields. “We know small business owners, and especially diverse business owners, face so many challenges,” said Fields, director of talent development and DEI…