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
He wanted a dress shoe as comfortable as bare feet; How Joey Ahearn is reimagining wingtips to boots one step at a time
A newly unboxed, Kansas City-laced premium shoe company offers a single promise: to make often-uncomfortable men’s dress shoes healthy to wear — without stomping out fashion. “I grew up wearing Converse and Vans and socks and lacing really tight every day,” recalled Joey Ahearn, a physical therapy assistant, as well as founder and CEO of Free…
Moss-backed design studio nurtures nature indoors with sustainable pieces ‘neither living nor dead’
Green statement pieces across Kansas City’s Midtown and Crossroads neighborhoods — from Westside Flats to the spas at The Laya Center and the herb dispensary at Fresh Karma — boast just a snapshot of the story behind the mossy growth of The Fat Plant Society. The eye-catching biophilic designs — which have the appearance of a…
A test of Fit Truk’s core strength: People assume it’s a franchise, mobile gym owner says
One of Hailee Bland Walsh’s biggest affirmations came in the form of a question: Is Fit Truk a franchise? “As someone who has built businesses from the ground up, that is very validating and a huge compliment,” said Bland Walsh, co-founder of the fully-equipped outdoor gym truck, as well as the owner of City Gym…
Demo Day: UMKC E-Scholars partners with KC Arts Institute for more authentic entrepreneurial representation, director says
Art and entrepreneurship so often go hand-in-hand, noted Alex Krause Matlack. “Many artists will inevitably become entrepreneurs because they can create their own brand or business to showcase their craft,” explained Krause Matlack, the director of Entrepreneurship Scholars (E-Scholars) at the University of Missouri-Kansas City. “This semester, E-Scholars has a new partnership with Kansas City…