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 Results
The AI Loan Advisor operates seamlessly across
multiple communication channels, managing various types of
inquiries, lead generation, and customer support for the Company.
It engages with website visitors via an embedded live chat widget,
has conversations on the phone, sends and receives SMS, and
communicates via email.
Trained as an expert specialized in commercial
real estate and small business financing, the AI answers intricate
and complex questions in detail, gathers and saves necessary
information about loan inquiries, and ensures a warm email hand-off
to a human advisor when appropriate, facilitating a smooth
transition, engaged customers, and more productive employees.
AI Loan Advisor Key Functions
Steve Schwartz, SVP, Innovation of Janover,
commented, "Our AI Loan Advisor streamlines the early stages of
customer interactions and deal qualification. By leveraging the
most advanced generative AI technologies at our disposal with
best-in-class automations, we can efficiently guide potential
borrowers through their initial inquiries, manage our initial data
collection requirements, and provide assistance to our human
advisors who will hold the customer's hand for the later stages of
the transaction. This technology not only improves customer
experience but also significantly boosts our operational
efficiency. It works around the clock, never takes a break, and
never gets sick.”
Quote from Steve Schwartz, SVP Innovation of
Janover
Quote from Blake Janover, CEO
Blake Janover, CEO of Janover, stated, “This
year alone, our AI Loan Advisor has facilitated approximately $10
million in funded loans to date in 2024. Additionally, it generated
more than 4,000 deals worth over $25 billion, and facilitated more
than 1,600 warm email introductions to our internal advisors,
representing over $22 billion in loan inquiries year to date. This
is excluding all the impressive work it has done with onboarding
lenders and most recently engaging and facilitating conversations
for commercial property insurance and our real estate syndication
software. Our AI Commercial Loan Agent represents a significant
step forward in the adaptation of technology within the commercial
real estate sector, demonstrating the potential of AI to transform
customer interactions and operational efficiency. As we continue to
innovate and expand our capabilities, we remain committed to
providing exceptional service and value to our customers and
creating long term value for our shareholders.”
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
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 S-1
related to the public offering (SEC File No. File No. 333-267907)
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.
The financial information presented herein is
not a comprehensive statement of our financial results for this
period, and our actual results may differ materially from these
estimates due to the completion of our financial closing
procedures, final adjustments, and other developments that may
arise between now and the time the closing procedures for the
fiscal quarter are completed.
Contact:Crescendo Communications, LLCTel:
212-671-1020Email: jnvr@crescendo-ir.com
- AI Loan Advisor Key Results
- AI Loan Advisor Key Functions
- Quote from Steve Schwartz, SVP Innovation of Janover
- Quote from Blake Janover, CEO
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