Core Insights - Janover Inc. has entered a licensing agreement with a top 20 publicly traded commercial real estate professional services firm to deploy its AI tools, enhancing client engagement and communication in the commercial real estate sector [1][2] - This partnership signifies a pivotal moment in Janover's shift towards subscription revenue, particularly through licensing its customized conversational AI technology [1][2] Company Overview - Janover is an AI-enabled platform that connects the commercial real estate industry, serving over one million annual web users and more than 1,000 lenders, including over 10% of U.S. banks [3] - The company provides a range of services including debt capital markets, real estate syndication software, data and AI licensing, and insurance brokerage solutions, focusing on technology-first solutions for multifamily and commercial real estate professionals [3] Technology Deployment - The AI tools will be implemented in a phased approach, allowing Janover to collaborate closely with interested parties to maximize value delivery [2] - The technology aims to enhance user experience and reduce friction across various touchpoints, achieving improvements that were not possible two years ago [2]

Core Insights - Janover Inc. has launched Janover Pro, a subscription-based service providing access to a comprehensive dataset of commercial lenders, and has signed its first subscriber [1][2][3] Group 1: Product Offering - Janover Pro offers access to over 10% of all U.S. banks, 35% of the top 100 credit unions, and more than 1,000 additional commercial lenders, featuring major loan products such as Fannie Mae, Freddie Mac, FHA, and CMBS [2] - The service is available on a 3-year subscription basis, providing continuous updates and access to the latest lender information [2] Group 2: Market Positioning - The CEO of Janover stated that Janover Pro aims to democratize access to commercial real estate data, allowing smaller operators to compete with larger firms like JLL and CBRE [3] - The company envisions Janover Pro evolving into a platform similar to Costar for commercial loan origination, enhancing its subscription revenue model [3] Group 3: Future Developments - Future updates for Janover Pro will include features such as creating and sharing professional offering memorandums and advanced deal shopping [3] - The company plans to integrate an AI commercial loan advisor into the product to streamline the financing process [3] Group 4: Company Overview - Janover Inc. is focused on revolutionizing the commercial real estate lending market by making it more efficient and accessible, connecting borrowers with a wide range of lenders [5] - The company targets a growing segment of small business owners, which it identifies as a significant growth opportunity [5]

Boca Raton, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, today announced it has entered into a licensing agreement for its artificial intelligence ("AI") technology with International Land Alliance, Inc. (OTCQB: ILAL) ("ILAL" or "International Land Alliance"), a land investment and development firm. This collaboration will integrate a component of Janover's generative AI technology into ILAL's ...

With Another Quarter of Sequential Revenue Growth Achieved a Record 20% of Total Revenue from Recurring and Subscription Revenue BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company"), an AI-enabled platform for commercial real estate transactions, provided a business update, and announced its financial results for the second quarter ended June 30, 2024. Q2 2024 Financial Highlights 7% sequential increase in revenue for Q2 2024 compared to Q1 2024; 20% o ...

Boca Raton, FL, Aug. 07, 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 its wholly-owned subsidiary Groundbreaker Tech Inc. ("Groundbreaker"), its recurring revenue B2B Software-asa-Service ("SaaS") platform for multifamily and commercial real estate syndicators. Janover, which acquired Groundbreaker in November 2023, reports that this new business line achieved profitability for t ...

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 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 ...

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]