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
Women flex their tech muscles at KC conference
Framed by a LEGO guitar and robotic vehicle, Rheanne Walton and Emma Howard anxiously review notes at their podium as dozens of technology experts await their pitch. The middle-school students are visiting the Kansas City Developers Conference to share the story of their all-girl robotics team, MindSTEM, and how it competes in the FIRST LEGO…
New lab hopes to boost digital inclusion in Kansas City
A new computer lab in Northeast Kansas City hopes to serve as a tech oasis in a digital desert among low-income households. Google donated and opened the new lab Monday in Chouteau Court, furthering the company’s mission to help bridge the area’s digital divide through education about computers and Internet use. Rachel Hack Merlo, Google…
Lantern scores big with Sporting Kansas City deal
Tech firm Lantern Software’s mobile app hit the right pitch with its hometown soccer team. The startup, located in Kansas City, Kan., recently partnered with Sporting Kansas City to offer its mobile concessions ordering platform. The deal, effective Saturday, will allow fans in Sporting KC’s Boulevard Members Club to order and pay for concessions on…
Scarcity of women, parents in startups offers research opportunity
It’s no secret that — like any business — an entrepreneurial ecosystem is disadvantaged without a diverse set of players. But hurdles such as late night meetings and male-dominated culture at startups create barriers to entry for two specific groups: women and parents. That’s why researchers at the Ewing Marion Kauffman Foundation are taking another…