Janover Inc. (NASDAQ: JNVR), an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders, has acquired Groundbreaker Technologies Inc., a Software-as-a-Service (SaaS) platform for commercial property professionals to raise equity capital and manage investors through a fintech portal.
The Groundbreaker platform also facilitates secure financial transactions and offers customer relationship management tools designed to enhance transparency and engagement between property developers and investors. The financial terms of the acquisition were not disclosed.
“We are uniquely positioned to seamlessly insert Groundbreaker’s product directly into Janover’s ecosystem that benefits from our highly automated, AI-enhanced sales and marketing funnel, which is laser-focused on our joint core customers,” said Blake Janover, CEO of Janover. “We believe this is a perfect fit, as we have had nearly 90 million impressions on Google search over the last 12 months and we want to improve our likelihood of being able to satisfy every visitor. By adding highly complementary, premium products to our suite of offerings, we create happier, stickier, and more profitable customers.”
Jake Marmulstein, CEO of Groundbreaker, added, “We started Groundbreaker with the vision of providing a one-stop shop for commercial real estate investment management, services, and access to capital. We had more than 13,000 investments and billions of dollars in transactions on the platform. This acquisition by Janover gets us one step closer to providing the industry with a comprehensive technology enabled solution that serves as the perfect partner for today’s commercial real estate operators. Janover has built an impressive platform and namesake, with cutting edge AI capabilities to efficiently match capital. We’re excited to join forces and provide our customers with an unmatched quality, ease and depth of service from technology to capital.”
Photo: Blake Janover, CEO of Janover Inc.