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
Kansas City corporate leader works to take ClimateTech from research to the real world
The solar canopy at Operation Breakthrough’s high-profile STEM lab and youth coworking space was an opportunity for Black & Veatch to put one of the firm’s core capabilities to use for the community and the climate, said Ilya Tabakh. “[Our goal was] to support an initiative that supports STEM education, combines sustainability and technology, and…
Just funded: Meet the five latest startups scaling their tech, Digital Sandbox KC’s impact
Five emerging startups are the latest to benefit from Digital Sandbox KC’s support — investment and resources that have led to more than $200 million in follow-on funding in less than 10 years for Sandbox companies. “Without this funding, it would have taken us much longer, as the whole project is currently being bootstrapped,” said…
Developers’ plan for massive West Bottoms investment stirs fear in some neighbors
Editor’s note: The following story was originally published by CityScene KC, an online news source focused on Greater Downtown Kansas City. Click here to read the original story or here to sign up for the weekly CityScene KC email review. SomeraRoad’s ambitious proposal to transform a sleepy section of the West Bottoms into a “dynamic” mixed-use district has strong…
How a historic Roman Catholic private school became ‘the queerest hotel in Kansas’
With its claim to fame as the first incorporated city in Kansas, Leavenworth is a hidden treasure of historical sites, said Ilan Salzberg, but its significance does not end within its past, as the vibrant town has still so much to offer. “Leavenworth is a really cool town that I think commonly gets overlooked. People…