Google has made a strategic investment in a UK-based AI property management platform, which marks the first international investment by its Google Assistant Investments Program.
The AI-powered platform, known as ‘AskPorter’, offers property, facilities managers, and landlords the ability to automate their workflows, refining processes over time through machine learning. This investment by Google grants AskPorter access to extensive support and resources from Google’s technical, product, and business development teams.
Tom Shrive, the founder and CEO of AskPorter, expressed his enthusiasm about the partnership, stating, “We’re delighted to have been selected as the Google Assistant Investment Program’s first international investment. This is a very positive reflection on our product, our opportunity and our team. We will be using the funds to attract more world-class talent into our team and build out product in preparation for our Series A early next year, for which we are seeing strong interest from investors.”
Founded in 2017, the company has also launched its ‘Porter Pioneers’ programme, aimed at fifteen property agencies and institutional landlords across various property sectors including residential, commercial, and specialist areas. Shrive mentioned, “We will combine pioneering natural language processing & machine learning technology alongside a consultative approach, working closely over six months we will provide these companies with a state of the art AI property management platform.”
This investment underscores Google’s commitment to leveraging AI technologies to enhance operational efficiencies within the property management sector.