Janover Announces 190%+ Growth of AI Enabled Software Business
January 21 2025 - 7:30AM
Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an
AI-enabled platform connecting the commercial real estate industry,
today announced the exciting, continued growth of its AI SaaS and
marketplace platform for the multifamily and commercial real estate
industry. Blake Janover, CEO of Janover, stated, “The numbers
speak for themselves. We started the year and said that we’re going
to lean into our software business and pivot to a SaaS model that
provides an enduring value to our client and compounding growth to
our shareholders, allowing us to invest further into the value we
drive to our customers. We grew our ARR from subscription revenue
by more than 190% over last year and approximately 65% sequentially
in the fourth quarter ended December 31, 2024. As we continue to
enhance our services with embedded AI and better and more useful
data and tools, we think the market ought to start valuing us a
little differently; but either way, we’re playing the long game
here.”
Our SaaS products Include:
-
Janover Pro: (pro.janover.co) What we believe
to be the most complete SaaS marketplace connecting commercial
mortgage and capital markets professionals, owners and developers
with thousands of commercial real estate lenders. Value-add
services include concierge capital markets advisory as well.
-
Janover Engage: (engage.janover.co) The
premier marketplace for real estate GPs and syndicators using Reg D
506(c) to connect with and raise capital from accredited investors
including family offices, institutions, HNW (high net worth), and
UNHW (ultra-high net worth) individuals.
-
Janover Connect: (connect.janover.co) What we
believe is the fastest and easiest customer-centric platform for
real estate syndicators and GPs to manage and serve their investors
with tools like an investor CRM, investor portal, K-1
distributions, deal management, and more.
According to our customers our SaaS products are making an
impact in our ecosystem. Some examples are:
- Greg Loudon, an
independent commercial mortgage broker, says: “Janover Pro has been
invaluable in connecting me with a range of lenders I might not
have discovered otherwise. The support I’ve received has been
outstanding; they actively seek feedback and have implemented some
of my suggestions. It’s reassuring to know they truly listen to
their customers.”
- Brian Brady from a
middle market capital markets firm says after using Janover Pro
just a short time: “Since starting, I sourced (and originated) a
bridge loan and have over 7 LOIs for an SBA 7A loan for a purchase
of a day care facility.”
- East West Partners’
Mary Beth Knelson praises how Janover Connect has streamlined their
syndication operations: “The platform has transformed our annual
K-1 distributions. The platform is user friendly, intuitive, and
robust. The customer service and support are exceptional!”
Janover Engage continues to build traction. One of the very
first deals listed on Janover Engage led to an experienced GP
(General Partner) receiving introductions to 100 new accredited
investors in under eight weeks.
About Janover Inc.
Janover is an AI-enabled platform that connects
the commercial real estate industry. The company serves over one
million annual web users and 1,000+ lenders, including more than
10% of U.S. banks in America, providing debt capital markets
services, real estate syndication software, data and AI licensing,
and insurance brokerage solutions to entrepreneurial multifamily
and commercial real estate owners, developers and professionals.
Janover operates through its Debt, Equity, and Insurance divisions,
focusing on delivering needed technology-first solutions to
commercial real estate professionals. 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.
Company Contact:Bruce S. Rosenbloom, CFOTel:
(561) 782-2788Email: IR@janover.co
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Jan 2025 to Feb 2025
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Feb 2024 to Feb 2025