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
Why a globally-trained Spanish chef is building his new homebase from City Market
It’s all about the pan for Carlos Saura, a Spanish chef whose new paella and tapas spot in Kansas City’s bustling and diverse City Market is set to arrive in late summer or early fall — helping bring the historic marketplace district to 100-percent-leased capacity. The Paella Mix, at 25 E. Third St., is expected…
On the map and in the mirror: 1 Million Cups contrasts international eship visitors with KC startup scene
The fail-fast mindset and high risk tolerance many American entrepreneurs employ in their quests to build unicorn startups are arguably foreign concepts to business builders on the other side of the globe, said Lucy-Llonna Larbi. Her experiences in Germany reflect a slower, security-first focus, she said, expressing admiration for the American approach. “We think that…
After coffee, calm: Messenger co-founder, partner envision West Bottoms bathhouse as retreat from what has been
Nearly a year in the works, a first floor space in an 1890s-era West Bottoms warehouse is open and envisioned as the place for a “ritual of pause.” Klā Sanctuary — with its special spa baths and body-oriented treatments — and the tea-focused Selah Lounge share the 6,000-square-foot spot at 1400 W. 13th St. Matthew…
KC-built delivery platform recruiting drivers, retailers ahead of summer app launch
Dwayne Overton is no stranger to the hustle, he said. The Kansas City entrepreneur once juggled gigs with Lyft and DoorDash — jobs that gave him an up-close look at the struggles drivers face every day. Now, as founder and CEO of VendiSafe, he’s building a delivery platform that spins the traditional model on its…