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Janover Enters Licensing Agreement with Leading Commercial Real Estate Services Firm to Provide AI Client Engagement Tools

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Janover (Nasdaq: JNVR) has secured a licensing agreement with one of the top 20 publicly traded commercial real estate professional services firms in the US. The partnership involves deploying Janover's AI tools to enhance client engagement and streamline communication in the commercial real estate sector. This agreement represents a significant step in Janover's transition to subscription revenue through licensing its customized conversational artificial intelligence. The AI tools will be implemented through a phased deployment approach to maximize value delivery.

Janover (Nasdaq: JNVR) ha ottenuto un accordo di licenza con una delle prime 20 aziende di servizi professionali nel settore immobiliare commerciale quotate in borsa negli Stati Uniti. La partnership prevede l'implementazione degli strumenti di intelligenza artificiale di Janover per migliorare l'engagement dei clienti e semplificare la comunicazione nel settore immobiliare commerciale. Questo accordo rappresenta un passo significativo nella transizione di Janover verso un modello di revenue basato su abbonamenti tramite la licenza della sua intelligenza artificiale conversazionale personalizzata. Gli strumenti di intelligenza artificiale saranno implementati attraverso un approccio di distribuzione fase per massimizzare il valore offerto.

Janover (Nasdaq: JNVR) ha conseguido un acuerdo de licencia con una de las 20 mejores empresas de servicios profesionales en el sector inmobiliario comercial que cotizan públicamente en EE. UU. La asociación implica la implementación de las herramientas de IA de Janover para mejorar la participación de los clientes y agilizar la comunicación en el sector inmobiliario comercial. Este acuerdo representa un paso significativo en la transición de Janover hacia ingresos por suscripción a través de la concesión de licencias de su inteligencia artificial conversacional personalizada. Las herramientas de IA serán implementadas mediante un enfoque de despliegue por fases para maximizar la entrega de valor.

Janover (Nasdaq: JNVR)은 미국에서 상장된 상업용 부동산 전문 서비스 회사 중 상위 20개 기업과 라이센스 계약을 체결했습니다. 이 파트너십은 Janover의 AI 도구를 배포하여 고객 참여를 개선하고 상업용 부동산 분야에서의 커뮤니케이션을 간소화하는 것을 포함합니다. 이 계약은 맞춤형 대화형 인공지능의 라이센스 제공을 통해 Janover가 구독 수익으로 전환하는 중요한 단계입니다. AI 도구는 가치를 극대화하기 위해 단계적으로 배포될 예정입니다.

Janover (Nasdaq: JNVR) a obtenu un accord de licence avec l'une des 20 principales entreprises de services professionnels en immobilier commercial cotées en bourse aux États-Unis. Ce partenariat implique le déploiement des outils d'IA de Janover pour améliorer l'engagement des clients et simplifier la communication dans le secteur immobilier commercial. Cet accord représente une étape significative dans la transition de Janover vers un revenu par abonnement grâce à la licence de son intelligence artificielle conversationnelle personnalisée. Les outils d'IA seront mis en œuvre selon une approche de déploiement par étapes pour maximiser la valeur ajoutée.

Janover (Nasdaq: JNVR) hat einen Lizenzvertrag mit einem der 20 größten Unternehmen für professionelle Dienstleistungen im Bereich Gewerbeimmobilien in den USA abgeschlossen, die öffentlich gehandelt werden. Die Partnerschaft umfasst die Einführung von Janovers KI-Tools, um die Kundenbindung zu verbessern und die Kommunikation im Bereich der Gewerbeimmobilien zu optimieren. Diese Vereinbarung stellt einen bedeutenden Schritt in Janovers Übergang zu abonnementbasiertem Umsatz durch die Lizenzierung seiner maßgeschneiderten konversationellen Künstlichen Intelligenz dar. Die KI-Tools werden schrittweise implementiert, um den Wert zu maximieren.

Positive
  • Secured licensing agreement with a major publicly traded real estate services firm
  • Strategic expansion into subscription-based revenue model
  • Partnership with top 20 industry player validates technology
Negative
  • None.

Insights

The licensing agreement with a top 20 public real estate services firm represents a strategic expansion into the B2B AI solutions market. While financial terms aren't disclosed, this marks Janover's shift toward recurring subscription revenue - a more stable business model than transaction-based income.

The phased deployment approach is prudent, allowing for iterative improvements and customization. The focus on conversational AI for client engagement addresses a critical industry need for automation and efficiency. However, success will depend on seamless integration and measurable improvements in client service metrics.

This partnership could serve as a proof-of-concept for future enterprise deals, potentially opening doors to similar agreements with other major real estate firms. The emphasis on augmenting existing teams rather than replacing them suggests a well-considered implementation strategy that should face minimal internal resistance.

BOCA RATON, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform connecting the commercial real estate industry, is pleased to announce a licensing agreement with one of the nation’s top 20 publicly traded commercial real estate professional services firms. Through this partnership, Janover’s AI tools will be deployed to enhance client engagement and streamline communication, setting a new standard for service and efficiency in commercial real estate. This agreement marks a milestone in Janover’s transition to subscription revenue including licensing its highly customized conversational artificial intelligence.

“This deployment with a major industry leader underscores the real-world demand for our AI as the battle to deliver better services and data more efficiently than incumbents ensues,” said Blake Janover, CEO of Janover. “We’re excited to see how our technology can push the boundaries of value delivery and cost structures further – even for the biggest players in the world.”

“We’re building technology that augments existing teams and functions,” said Gustavo Lemos, Senior Product Manager at Janover. “Our focus is enhancing experience and reducing friction across every touchpoint in ways that were simply impossible just 24 months ago.”

The AI tools will be rolled out and tested in a phased deployment as Janover works closely with interested parties to deliver the maximum amount of value as seamlessly as possible.

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, CFO
Tel: (561) 782-2788
Email: IR@janover.co


FAQ

What is the new licensing agreement announced by Janover (JNVR) in November 2024?

Janover announced a licensing agreement with one of the top 20 publicly traded commercial real estate professional services firms to provide AI client engagement tools.

How will Janover (JNVR) implement its AI tools in the new partnership?

Janover will implement its AI tools through a phased deployment approach, working closely with interested parties to deliver maximum value seamlessly.

What type of revenue model is Janover (JNVR) transitioning to with this agreement?

Janover is transitioning to a subscription revenue model, including licensing its highly customized conversational artificial intelligence.

Janover Inc.

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