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
Miss KC’s Parade of Hearts? You’re in luck: Popular citywide art returning in 2023, 2024
Kansas City’s “Parade of Hearts” is set to return in 2023 — and 2024 — after the wildly popular, city-spanning art installation, regional pride campaign and fundraiser placed more than 150 unique artist-created hearts throughout the metro. The publicly displayed art pieces quickly became destination points across the city with Kansas Citians and visitors embarking…
‘Cure-all’ for your hunger: Chefs offer tastes of what’s to come at KC’s newest food hall
A Kansas City-simmered food hall concept is expected to unveil its long-awaited dining experience next month in the lightwell building downtown — pairing two well-seasoned culinary minds with appetites for inventive tastes. Officially dubbed the Strang Chef Collective at lightwell, the chef-driven venture will feature a duo of restaurant concepts — Verde and Panacea —…
Troost capital project hits $15M goal; 2023 completion expected to address ‘blight at the heart’ of trauma in KC
Reconciliation Services recently crossed the finish line of a $14.9 million capital campaign to breathe new life into its aging homebase at one of Kansas City’s most bustling intersections, said Father Justin Mathews. “We were able to complete the $15 million raise in approximately 18 months, which is a tribute to the generosity of Kansas…
Lifted Spirits teases expansion, recipe for its quirky cocktail of success: Math plus intuition
After noticing more than a decade ago how distillation and cocktails enhanced his own friendship groups, Michael Stuckey set out to create that same sense of community for others. “I fell in love with the idea of spirits first; this idea that spirits were inherently about bringing people together,” said Stuckey, founder of Lifted Spirits…