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
How a KC startup is using Bluetooth to help ranchers ID sick cows days before symptoms
Just-released geolocation technology from MyAnIML can flag and locate sick cattle two to three days ahead of symptoms — protecting the health of the herd and offering a revolutionary new security tool for the beef and dairy supply chain, said serial tech entrepreneur Shekhar Gupta. The Kansas City startup’s patent-pending technology uses artificial intelligence and…
Just-launched initiative aims to capitalize on Kansas City’s promise as a global leader in health tech, renews call for KC investment
Advancing Kansas City’s digital health industry begins with attracting and nurturing talent, said Dick Flanigan. “What [Digital Health KC] seeks to do is connect ideas to talent; talent to capital; capital to companies and companies to marketplace — and we do not lack for ideas,” said Flanigan, who serves as the CEO of Digital Health…
How Urban TEC used eye-opening VR tech to bring teen mental health into the real world
Students at two Kansas City, Kansas, high schools are tackling teen mental health issues with the help of virtual reality, shared youth and tech advocate Ina P. Montgomery. From February through April, 28 students from Wyandotte and JC Harmon high schools learned Unity programming software, identified and researched a health concern for youth ages 13…
‘Mr. K’ finalists tease what it’s like to work for the next Small Business of the Year
Editor’s note: The Greater Kansas City Chamber of Commerce is a non-financial partner of Startland News, which serves as the media partner for the Small Business Superstars program. Finalists for the KC Chamber’s Small Business of the Year award highlighted their companies’ commitments to strong workplace culture, DEI initiatives, and community relations during a panel…