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
And the readers going to the Royals playoffs are …
Four lucky Startland News readers are heading to see the Kansas City Royals take on the Houston Astros this Thursday and Friday. From more than 300 contestants, a random number generator selected Tom Bliss and Marybeth Oliver as the winners, each of whom will bring one friend. Bliss, who serves as executive director of the…
90 on the Clock with Cremalab
90 on the Clock with Cremalab By John McGrath, KCPT, and Bobby Burch, Startland News Ed’s Note: Flatland and Startland News have partnered to highlight Kansas City’s innovators and entrepreneurs, all in 90 seconds. This is the third episode in the five-part series. With a team of sharp, trendily-dressed bohemians, Cremalab is where speed meets creative dynamism. The…
3 local startups advance in national pitch bout
Three startups from Kansas are among the semifinalists in a competition to snag $10,000 from the Ewing Marion Kauffman Foundation. The Kauffman Foundation’s One in a Million contest announced Wednesday 15 semifinalists from 12 states. Semifinalists will travel to Kansas City during Global Entrepreneurship Week for a chance to become one of five finalists for…
KC’s ‘growth and excitement’ attracts Phoenix tech firm
Give yourselves a pat on the back, Kansas City techies. The Kansas City tech community has once again enticed an out-of-state firm to expand to the City of Fountains. Phoenix-based cloud computing company Inspire Data Solutions recently opened a downtown Kansas City office in hopes of tapping into the area’s burgeoning tech community. A former Kansas…