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 ...

Core Insights - Janover Inc. has reported that its subsidiary Groundbreaker Tech Inc. achieved profitability for the first time in May 2024, with operating margins increasing by over 700% to approximately 30% from -4% in April 2024 [3][5]. Company Overview - Janover Inc. is an AI-enabled platform focused on commercial real estate transactions, aiming to enhance efficiency, transparency, and accessibility in the lending market [6]. - The company connects commercial mortgage borrowers with lenders, including small banks, credit unions, and various multifamily lenders, targeting a growing segment of small business owners [6]. Groundbreaker Tech Inc. - Groundbreaker is a specialized SaaS platform designed to streamline capital raising and investment administration in the commercial real estate sector [4]. - The platform offers tools for managing equity capital, investor relations, and document sharing, promoting a professional investment experience [4]. Financial Performance - The significant increase in Groundbreaker's operating margins reflects the company's effective financial discipline and operational improvements since its acquisition in November 2023 [5]. - The company anticipates continued improvement in profitability and operating margins throughout the year [5].

Core Insights - Janover Inc. has launched a directors and officers (D&O) liability insurance offering through its insurtech subsidiary, Janover Insurance Group, aimed at publicly traded companies [1][3] - The D&O liability insurance is designed to protect board members and executives from personal losses due to lawsuits related to their roles [1] - The introduction of this insurance product aligns with Janover's strategic vision to diversify its services and enhance its market position in commercial real estate and business insurance [3] Company Overview - Janover Inc. operates as an AI-enabled platform focused on commercial real estate transactions, aiming to make the lending market more efficient and accessible [2] - The company connects commercial mortgage borrowers, including owners, operators, and developers of multifamily properties, with various lenders such as small banks, credit unions, and government-backed entities [2] - Janover is targeting a growing segment of small business owners, which represents a significant growth opportunity for the company [2] Strategic Goals - The company aims to transition to recurring and subscription revenues while providing world-class products to its clients [2] - The launch of D&O liability insurance is part of Janover's commitment to meet the evolving needs of the market and provide unmatched value [2][3] - Janover Insurance seeks to become a one-stop-shop for all commercial real estate and business insurance needs, broadening its service offerings to attract a wider range of clients [3]

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 ...

Core Insights - Janover is an AI-enabled platform aiming to transform the commercial real estate lending market by enhancing efficiency, transparency, and accessibility for all stakeholders [1][5]. Company Performance - In 2024, Janover's AI Loan Advisor has facilitated approximately $10 million in funded loans and generated over 4,000 deals worth more than $25 billion [5][9]. - The AI system has made over 1,600 warm email introductions to internal sales representatives, representing over $22 billion in qualified loan inquiries year to date [5][9]. Technology and Innovation - The AI Loan Advisor operates across multiple communication channels, including live chat, phone, SMS, and email, effectively managing inquiries and customer support [3][4]. - The technology streamlines early customer interactions and deal qualification, improving both customer experience and operational efficiency [8][9]. Market Positioning - Janover connects commercial mortgage borrowers with lenders, including small banks, credit unions, and various multifamily lenders, targeting a growing segment of small business owners [11].

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 ...

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 ...

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 _______ ...

Boca Raton, FL, April 30, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq:  JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that it has officially launched Janover Insurance Group Inc. ("Janover Insurance"), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. "Our ability ...

Boca Raton, FL, April 17, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq:  JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced that it achieved significant year-over-year growth in lenders on its fintech platform in 2023, providing borrowers with access to a broad range of competitive loan products.  Key Highlights (2023 vs 2022) 766% increase in banking originator sign ups647% increase in credit union originator sign ups445% increase in the 'o ...