Boca Raton, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) — Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, today announced that it has added additional outbound features to its artificial intelligence (AI) platform, including autonomous agents that prospect and service new customers, generating new leads for the business, as well as beginning the process of re-engaging the Company’s hundred-thousand-plus user email lists. Additionally, Janover launched chat.janover.co, a standalone AI chatbot interface optimized to enhance business development and lead generation, with the goal of helping Janover continue to scale its platform.
The AI-based agent operates via chat, voice, text, and email, providing users a seamless and customer-friendly interface to facilitate complex, high-empathy conversations regarding commercial and multifamily real estate finance, as well as Small Business Administration (SBA) lending. The AI answers questions, provides customer resources, and connects with backend sales tools designed to increase closure rates. The platform also extends the Company’s capabilities for both lender and borrower onboarding. Its capabilities include introducing borrowers and lenders to relevant humans inside the organization, based on qualification processes within the conversation.
Blake Janover, CEO of the Company, commented, “We continue to improve our marketplace by enriching the experience of both internal and external users through generative AI. These latest features add more robust outbound email and SMS capabilities to augment our sales team and provide customers with a lower friction journey and faster answers to their questions. We believe we can generate new business, as well as re-engage existing customers that may or may not have converted in the past, and, most importantly, enhance everyone’s experience in the process. We intend do so at a lower incremental cost than any incumbent. In turn, we are building a denser network, more quickly, which we believe will generate network effects as we become invaluable to commercial borrowers and lenders alike. With billions of dollars per month in loan applications and more than one million users per year on our suite of websites, we have an opportunity to make a meaningful impact on how commercial loan transactions happen in America. We continue to make significant advancements on our AI platform to meet our goal of becoming the go-to marketplace for commercial financing.”
About Janover Inc.
Janover is a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. 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/.
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. 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. 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. 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.
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