Janover Locks in 190% ARR Growth by 2024 Thanks to AI-Powered SaaS Platform
Tuesday Janover Inc. (NASDAQ:JNVR), an AI-enabled platform for the commercial real estate industry, reported growth in annual recurring revenue (ARR) from its SaaS platform. In the fourth quarter of 2024, it recorded over 190% year-over-year growth and 65% sequential growth.
Janover CEO Blake Janover commented: “The numbers speak for themselves. We started the year and said we would lean towards our software business and deliver a SaaS model that delivers sustainable value to our customers and growth to our shareholders, allowing us to invest more in the value we drive. Customers. We increased our ARR from subscription revenue by more than 190% over last year and approximately 65% sequentially in the fourth quarter ended December 31, 2024.
The company’s SaaS offerings include Janover Pro, Janover Engage and Janover Connect.
According to the company, Janover’s SaaS products are receiving praise from customers in the commercial real estate ecosystem.
Janover Engage, one of the first deals to connect an experienced GP with over 100 accredited investors in less than eight weeks, continues to gain interest.
Price Action: Shares of JNVR closed up 9.02% at $5.68 at Friday’s last check.
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