October 9, 2024
10:30 AM-11:30 AMET
Education session
White River Ballroom
The competition provides an opportunity for companies to showcase innovative new tools and resources for real estate management in both the commercial and residential real estate marketplaces. Watch the presentation pitches of several growing solutions and vote for your favorite!
Transcription Data
The startup pitch battle, sponsored by Second Century Ventures and REACH Commercial, featured presentations from four companies, each followed by a Q&A session with a panel of judges. Here’s a detailed summary of each company's presentation and the subsequent Q&A:
1. Premise HQ (Don Bellini)
Presentation Summary:
- Product: Premise HQ features AI digital assistants, Lynn and Quinn, designed to assist property managers by automating repetitive tasks and handling tenant inquiries.
- Lynn's Role: Lynn is a digital tenant care specialist, providing answers to tenant questions, directions, and building updates.
- Quinn's Role: Quinn focuses on maintenance management, handling tasks such as water leak requests, scheduling vendors, and updating tenants.
- Case Study: The company cited a successful implementation with Westfield, a retail client, where Lynn and Quinn automated the process of managing tenant sales data submissions, resulting in significant time savings.
- Revenue: Premise HQ has generated over a million dollars in revenue to date.
Q&A Summary:
- Platform Integration: The technology supports various interfaces, including a web chat, mobile app, and virtual avatars, ensuring flexibility in communication.
- Human Replacement Concerns: The AI tools are intended to assist, not replace, human workers, focusing on automating repetitive tasks while property managers handle more complex issues.
- Data Security: Data is managed securely, with options for the client to host data within their own cloud environment or in Premise HQ’s cloud infrastructure.
- Training: Training for new users is provided through a simple onboarding process, including guidelines for setting up and configuring Lynn to meet specific needs.
2. EPR Square (Chris Pollack)