Janover Announces 73% Increase in Organic Website Traffic for 2023 - Driving Inbound Loan Applications and Lender Engagement
April 04 2024 - 8:30AM
Janover Inc. (Nasdaq: JNVR) (“Janover” or the
“Company”), an AI-enabled platform for commercial real estate
transactions, today announced that organic website traffic
increased more than 70% in 2023 compared to 2022 and also reported
that it achieved over 100 million organic impressions on google for
the year ended December 31, 2023. Organic traffic is the number of
website visitors that come from unpaid search engine results.
Organic impressions represent the instances, as reported by Google,
when a user sees a link to the website while conducting a search
without the aid of paid advertising.
“We are pleased to have surpassed the 100
million impression mark in a calendar year. It’s a testament to the
anti-fragility of a marketplace and how market dislocations can add
value to corners of the business,” said Blake Janover, Chairman,
and CEO of Janover Inc. “Since inception, we've taken well over
$200 billion in commercial loan applications, almost entirely
through organic traffic from search engine optimization (SEO),
which drives inbound applications at zero incremental cost to us.
Moreover, we had more than 100 million impressions on Google. The
increase in organic website traffic and organic impressions are a
direct result of our successful SEO efforts and strategies as well
as the nature of our business, which over the long term, we expect
to benefit from market dislocations. These 100 million impressions
contribute to our brand and its subsequent visibility which we
believe will ultimately improve conversion rates as well.”
“We’re modernizing financial services for
entrepreneurial commercial real estate and small business owners
and the first step of that process happens online. We’re proud of
what we’re building,” concluded Mr. Janover.
About Janover Inc.
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. Through the
Company’s online platform, it provides technology that connects
commercial mortgage borrowers looking for capital to refinance,
build, or purchase commercial property, including, but not limited
to, apartment buildings, to commercial property lenders. Borrowers
include, but are not limited to, owners, operators, and developers
of commercial real estate including multifamily properties and most
recently, a growing segment of small business owners, which Janover
believes represents a significant growth opportunity. Lenders
include small banks, credit unions, REITs, Fannie Mae® and Freddie
Mac® multifamily lenders, FHA® multifamily lenders, debt funds,
CMBS lenders, SBA lenders, and more. 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
Forward-Looking StatementsThis 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
Annual Report on Form 10-K for the year ended December 31, 2023 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.
Contact:Crescendo Communications, LLCTel:
212-671-1020Email: jnvr@crescendo-ir.com
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Janover (NASDAQ:JNVR)
Historical Stock Chart
From Sep 2023 to Sep 2024