Janover Launches New AI Tools For its Insurtech Subsidiary
September 26 2024 - 7:00AM
Janover Inc. (Nasdaq: JNVR) (“Janover” or
the “Company”), an AI-enabled platform for commercial real estate
transactions, today announced the launch of new AI tools to
accelerate business development activities within its Insurtech
subsidiary, Janover Insurance Group. The new tools include
autonomous agents designed to reach out to as well as re-engage the
Company’s extensive user database, which includes more than 100,000
contacts. The newly introduced features include advanced email and
SMS capabilities, boosting the sales team's effectiveness, while
delivering a more streamlined, efficient experience for customers.
The Company also plans to introduce a significantly more capable
outbound AI application in Q4 2024 to actively reach out to and
engage with potential insurance clients with large, sophisticated
projects.
Blake Janover, CEO of Janover, commented, “We
continue to make significant enhancements to our AI platform as we
rapidly advance towards our goal of becoming the premier one-stop
shop for forward-thinking multifamily and commercial property
owners. Our AI tools will improve closing rates and reduce costs
while providing faster, smarter service to our clients compared to
the ‘traditional way’ of doing things without losing the critical
human touch needed when and where it’s needed. We believe we can
continue to significantly advance our capabilities in Q4 2024. With
over 100 million annual impressions on Google and a suite of
products for the enterprising multifamily and commercial property
owner and developer, we are committed to integrating insurance
throughout our entire ecosystem. Furthermore, insurance brokerage
is a high gross margin, recurring revenue business line that
creates sticky and, in our case, happy customers. It is an
important part of our strategy as we have become a multi-product
enterprise delivering solutions to multifamily, commercial
property, and small business operators, while driving our recurring
and subscription-based business model.”
About Janover Inc.
Janover is an AI-enabled platform for commercial
real estate transactions. The Company seeks to revolutionize the
commercial real estate lending market by making it hyper-efficient,
transparent, and accessible to all rather than the few. Through the
Company’s online platform, it provides technology that connects
commercial mortgage borrowers looking for capital to refinance,
build, or purchase commercial property, including, but not limited
to, apartment buildings, to commercial property lenders. Borrowers
include, but are not limited to, owners, operators, and developers
of commercial real estate including multifamily properties and most
recently, a growing segment of small business owners, which Janover
believes represents a significant growth opportunity. Lenders
include small banks, credit unions, REITs, Fannie Mae® and Freddie
Mac® multifamily lenders, FHA® multifamily lenders, debt funds,
CMBS lenders, SBA lenders, and more. Additional information about
the Company is available at: https://janover.co/.
To view the latest investor presentation, please
visit https://ir.janover.co/.
Forward-Looking Statements
This release contains “forward-looking statements”
within the meaning of the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by words such as: “anticipate,”
“intend,” “plan,” “believe,” “project,” “estimate,” “expect,”
strategy,” “future,” “likely,” “may,”, “should,” “will” and similar
references to future periods. Forward-looking statements are
neither historical facts nor assurances of future performance.
Instead, they are based only on our current beliefs, expectations
and assumptions regarding the future of our business, future plans
and strategies, projections, anticipated events and trends, the
economy and other future conditions. Because forward-looking
statements relate to the future, they are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict and many of which are outside of our control.
Instead, they are based only on our current beliefs, expectations
and assumptions regarding the future of our business, future plans
and strategies, projections, anticipated events and trends, the
economy and other future conditions. Our actual results and
financial condition may differ materially from those indicated in
the forward-looking statements. Therefore, you should not
rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial
condition to differ materially from those indicated in
the forward-looking statements include, among
others, the following: (i) the effect of and uncertainties related
the ongoing volatility in interest rates; (ii) our
ability to achieve and maintain profitability in the future; (iii)
the impact on our business of the regulatory environment and
complexities with compliance related to such environment; (iv) our
ability to respond to general economic conditions; (v) our ability
to manage our growth effectively and our expectations regarding the
development and expansion of our business; (vi) our ability to
access sources of capital, including debt financing and other
sources of capital to finance operations and growth and other
risks and uncertainties more fully in the section captioned "Risk
Factors" in the Company’s Registration Statement on Form 1-A
related to the public offering (SEC File No. 024-12458) and other
reports we file with the SEC. As a result of these matters, changes
in facts, assumptions not being realized or other circumstances,
the Company's actual results may differ materially from the
expected results discussed in the forward-looking statements
contained in this press release. Forward-looking statements
contained in this announcement are made as of this date, and the
Company undertakes no duty to update such information except as
required under applicable law.
Contact: Bruce S. Rosenbloom, CFO
Tel: (561) 559-4111 Email: IR@janover.co
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