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
Leawood-based online restaurant platform Menufy acquired by hungry Houston cloud company
A rapidly scaling Leawood tech company that helped dozens of Kansas City restaurants, as well as eateries across 3,000 other cities, survive the pandemic has sold to a Houston-based cloud software provider for the restaurant industry. Menufy’s vast online food ordering platform and network is expected to be incorporated into the HungerRush 360 cloud POS…
Kansas City-made fitness apps flex tactics to monetize training’s trend toward tech
Jake Heyen’s Fitic exercises its potential at the intersection of pandemic-pumped fitness and influencer marketing industries, the Kansas City founder said, detailing the intertwined world of fitness-minded consumers and content creators. “We love the fact that we sit within two industries that are poised for explosive growth going forward,” said Heyen, who also serves as…
Exit to watch: Top startup LaborChart sells in a deal under construction for generations
LaborChart, one of Kansas City’s leading startups, has sold to a California-based giant in construction management — a deal that proves hard work and determination pay off, its founder said. The startup was sold to Procore Technologies, the companies announced Friday, noting in a release the deal is expected to further innovate the world of construction…
Bearded Fellas shave away ‘just a doll’ — leaving the beauty of everyday magic, people
Ali Bustos didn’t even know how to sew when she was gifted a sewing machine by her parents in 2008. More preoccupied with painting at the time, the machine sat mostly unused. But when her first son was born, it was difficult to paint with a wiggly baby in her arms, she said. Her yearning…