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
Game on: Kauffman adds 37 nonprofits to its just-funded roster, building impact capacity ahead of World Cup
Efforts to boost economic mobility across Kansas City and beyond needn’t follow a well-worn playbook, Kauffman Foundation officials said, announcing a range of newly funded initiatives — from grassroots entrepreneurial training to World Cup-focused public-private partnerships to capital access expansion. The influential philanthropic organization announced this week it awarded $8.5 million in grants to 37…
Fund Me, KC: Portrayals XR crowdfunds next step in building its immersive healing space
Startland News is continuing its long-running “Fund Me, KC” series to highlight area entrepreneurs’ efforts to accelerate their businesses or lend a helping hand to others. This is an opportunity for business owners and innovators — like Tricia Keightley and her immersive healing platform — to share their crowdfunding stories and potentially gain backing from…
Entrepreneur turns to Missouri elderberries to unlock treatment alternative, wellness brand
Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. ST. LOUIS — As a mother frustrated by years of…
Coming home to KC: Brandon Haggard is sharpening his axe with humility
Editor’s note: The following story was written and first published by the Economic Development Corporation of Kansas City, Missouri (EDCKC). Click here to read the original story. For Brandon Haggard, returning to the Economic Development Corporation of Kansas City, Missouri (EDCKC) wasn’t just a career decision. It was a commitment — to impact, Kansas City, and building…