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Janover Enters Licensing Agreement with Leading Commercial Real Estate Services Firm to Provide AI Client Engagement Tools
JNVRJanover (JNVR) GlobeNewswire News Room·2024-11-04 13:00

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]