Live Launch of JumboTiger (Coliving, HMO and Property Management Software)

JumboTiger is a full-stack real-time conversational property management software. It helps landlords/ owners, property managers, coliving & HMO operators to manage their rental portfolio.

Lunch on - 16th Feb, 2021, 04:00PM GMT

Register link for launch - https://zoom.us/webinar/register/WN_4B8oQpelR-KXFn17HdIyog

What made you start your startup and what problem does it solve?

We were running a successful bootstrapped coliving startup called [simplyguest.com] since 2015. We were growing at 10-15% m-o-m and had built a pretty successful business. Before the pandemic hit, we managed around 500 tenants under our brand and clocked almost $1mn ARR. With pandemic came reverse migration to hometowns, and our tenants also started leaving. It was around the same time someone reached out to us after reading [blog.simplyguest.com]. Subbu had developed a strong following through his articles discussing the intricacies of running a distributed property management using technology, and this was the starting point. These were a group of owners, who wanted to use our software, especially the features that we had articulated in the blog. That was a eureka moment for us. They liked what we had built and were very passionate about it. This was April 2020; it was an inflection point. We were still running SimplyGuest, but we could see cracks in the economy due to covid-19. The lockdowns never seemed to end. We took a leap of faith and started working on a SaaS. We wanted to offer our innovations to a larger audience to manage their rental portfolios and see how they could benefit from them.JumboTiger takes a modular approach to solve key problems that the operators and property managers face. Online Booking Management, Tenant Management, Documentation & Regulation Management, Tickets/ Incident Management, Collaboration, Flexible Invoicing & Payments System, Expense Management, Marketing/ SEO Tools, community building, and much more can be done on JumboTiger.

Who are your competitions and how are you better than them?

There are many interesting companies in this space. At the top of the line, there is RealPage, Yardi, and MRI, while AppFolio and Entrata and Rent Manager in the middle and the likes of Buildium, Rentec Direct, TenantCloud, Knock CRM, Lively, ResMan, ResHarmonics, etc make up the rest. All these companies started with a small set of features and then either built the remaining features incrementally or integrate with other tools to provide additional features like inspections, help desk, chatbots, etc. The customer has to pay for all these additional tools which are hidden. But the bigger problem is not money. The patched-up solution doesn’t actually solve the problem. Now your data is spread across multiple software tools and you have no way of getting a holistic view of your property data. As a result, you can’t automate your business. A simple example is, assume your customer sends an email complaining about a non-working appliance. He could as well use Slack, or Chatbot or just send you a WhatsApp message. The data related to the appliance might be stored in your PMS while the complaint is received by a help-desk software or a chatbot like zendesk/freshdesk/intercom/slack who doesn’t have any information about the appliance. It has some basic info about your customer but not deep enough knowledge to give you insights into the problem. It’s not trivial to integrate your PMS data with these external tools. As a business owner, you want to respond immediately to the customer saying something relevant instead of a canned response. The relevancy can be achieved only via your PMS but the help-desk can solve the problem if immediately responding. It's a half-baked solution. JumboTiger solves this problem. You don’t need additional tools to run the core parts of your business. It provides you a chatbot, an omnichannel help-desk, a multi-channel chatroom like slack, an inspection toolkit, a robust PMS, and many more tools that are very specific to property management and coliving. You don’t have to spend time and money doing integrations and waste your precious resources. Since all the data and the context required to arrive at a decision sits in the same database it's super-fast. Our chatbot understands you want a list of tenants when you say #tenants anywhere in your conversation and gives it to you immediately. No integration is necessary. Do you know how you can do this in Slack or Intercom? By hiring a software engineer to integrate your PMS and another engineer to maintain it, and now you are doing something other than running your business.JumboTiger takes this architecture even further. We have built the entire product on Erlang VM. It’s the same technology that runs telecom networks and WhatsApp. Our entire application is built on WebSocket API and every page update happens in real-time without full-page refreshes. This also makes it a perfect companion for IOT integration.

#720, 14th Cross, 80 Ft Rd, BTM 4th Stage,
BENGALURU, KARNATAKA 560076
India

JumboTiger is a full-stack real-time conversational property management software. It helps landlords/ owners, property managers, coliving & HMO operators to manage their rental portfolio. JumboTiger takes care of the complete lifecycle management of your property management business. It explores a new way of managing properties called "Conversational Property Management". We believe that the properties should be managed with the context they deserve. We talk more about it in this video - [https://www.youtube.com/watch?v=39k93azCbdE]

This release was published on openPR.