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Janover's New Insurtech Platform, Achieves Profitability in Second Month of Operation; Increases Recurring Revenue by More Than 60% for the Month of May
Newsfilter· 2024-07-31 12:30
"Janover Insurance has already been licensed in several states and we are building out our digital infrastructure to insert our insurance offerings throughout our funnel and sales processes while building out new customer acquisition channels. In May, Janover Insurance generated its first month of revenue, accounting for approximately 40% of the total monthly revenue from our core subscription business. We believe the insurance business will be a meaningful addition to our platform delighting our clients an ...
Janover's New Insurtech Platform, Achieves Profitability in Second Month of Operation; Increases Recurring Revenue by More Than 60% for the Month of May
GlobeNewswire News Room· 2024-07-31 12:30
Boca Raton, FL, July 31, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today provided an update on Janover Insurance Group ("Janover Insurance"), its insurtech subsidiary for commercial property insurance and more. The Company officially launched Janover Insurance in March 2024 and is pleased to report that Janover Insurance achieved profitability in May 2024. Our total monthly recurring revenue for the mont ...
Janover Reports Profitability and Over 700% Monthly Increase in Operating Margins for Groundbreaker Platform in May 2024
Newsfilter· 2024-07-11 19:00
Blake Janover, CEO of Janover, stated, "We are pleased to report that Groundbreaker achieved profitability in May, reflecting an increase in our operating margins due to the hard work and strict financial discipline of our team. We expect this positive trend to continue to improve in June and throughout the rest of the year. Since acquiring Groundbreaker, we have integrated it into Janover's ecosystem, leveraging our highly automated, AI- BOCA RATON, Fla., July 11, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nas ...
Janover Reports Profitability and Over 700% Monthly Increase in Operating Margins for Groundbreaker Platform in May 2024
GlobeNewswire News Room· 2024-07-11 19:00
Contact: Crescendo Communications, LLC Tel: 212-671-1020 Email: jnvr@crescendo-ir.com Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c16e569a-5a05-43c4-97fb-a13e624d95a3 https://www.globenewswire.com/NewsRoom/AttachmentNg/f5f4ea72-cb5f-41bd-80cc-97d7992b8bab BOCA RATON, Fla., July 11, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today provided an u ...
Janover's New Insurtech Platform Launches D&O Liability Insurance for Publicly Traded Companies
Newsfilter· 2024-07-09 19:30
Boca Raton, FL, July 09, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that Janover Insurance Group ("Janover Insurance"), its insurtech subsidiary for commercial property insurance and more, has started offering directors and officers (D&O) liability insurance for publicly traded companies. D&O liability insurance is designed to protect the company's board of directors and executive officers ...
Janover's New Insurtech Platform Launches D&O Liability Insurance for Publicly Traded Companies
GlobeNewswire News Room· 2024-07-09 19:30
Boca Raton, FL, July 09, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that Janover Insurance Group ("Janover Insurance"), its insurtech subsidiary for commercial property insurance and more, has started offering directors and officers (D&O) liability insurance for publicly traded companies. D&O liability insurance is designed to protect the company's board of directors and executive officers ...
Janover's AI Loan Advisor Generated Over 4,000 Deals Worth Over $25B to Date in 2024
Newsfilter· 2024-07-09 12:30
Quote from Steve Schwartz, SVP Innovation of Janover Quote from Blake Janover, CEO 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. 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 ca ...
Janover's AI Loan Advisor Generated Over 4,000 Deals Worth Over $25B to Date in 2024
GlobeNewswire News Room· 2024-07-09 12:30
Boca Raton, FL, July 09, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced impressive results driven by its advanced AI Commercial Loan Agent, which has significantly enhanced customer engagement and has already facilitated approximately $10 million in funded loans through the Janover platform in 2024. AI Loan Advisor Key Functions Quote from Blake Janover, CEO Through the Company's online platfo ...
Janover (JNVR) - 2024 Q1 - Quarterly Results
2024-05-14 17:29
Exhibit 99.1 Janover Reports First Quarter 2024 Financial Results and Provides Business Update Achieves 17% Sequential Increase in Revenue for Q1 2024 Compared to Q4 2023 18% of the Total Revenue Consisted of Recurring Revenue Quarterly Revenue Per Transaction Increased 10% Boca Raton, FL – May 14, 2024 – Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today provided a business update, and announced its financial results for the first ...
Janover (JNVR) - 2024 Q1 - Quarterly Report
2024-05-14 17:23
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) Boca Raton, FL 33487 (561) 559-4111 (Address of principal executive offices) (Zip Code) Delaware 83-2676794 (I.R.S. Employer Identification No.) FOR THE TRANSITION PERIOD FROM _________ to _______ ...