Ravi Chandran
Smarten Spaces, a leading PropTech startup headquartered in Singapore, today announced the global launch of ‘Jumpree WorkSafe’. Jumpree WorkSafe was developed in response to the urgent demand and need for workplace readiness the global COVID-19 situation, to ensure employee safety and optimise seat management.
With the solution, businesses will be able to implement a simple 10-Step Response Plan to adapt to the new normal. With its short deployment time, the contactless solution will allow businesses to re-open safely, ensure business continuity and strengthen workplace compliance. Currently, Jumpree WorkSafe is being deployed across over 30 buildings in India, UK, China, US, Australia and Singapore, for both enterprises and commercial real estate.
Through a single contactless app, Jumpree WorkSafe will ensure every employee, tenant or visitor is pre-screened for travel and health, tracking every entry and exit along with temperature readings. Other features include encouraging and maintaining social distancing measures at dining areas, monitoring and managing the provision of critical supplies and increasing the availability of resources and improving communication with employees both working remotely and in the workplace.
Dinesh Malkani, CEO of Smarten Spaces, shared, “The top priority for businesses is to bring their employees back to work safely and manage their spaces effectively. Apart from safety elements, employees can book sanitised workstations and have visibility on when meeting rooms have been cleaned. At the same time, workforce distribution, seat and space allocation need to come together while factoring in all the new laws around social distancing. Jumpree WorkSafe and our 10-Step Response Plan helps workplaces ensure all the required precautions are in place. This makes us one of the world’s first end-to-end AI platform to disrupt a $19.9 billion smart space industry. We are delighted with the traction we are getting and the solution can now be deployed globally via our partner network.”
Phoenix Group, a prominent real estate company recently adopted Jumpree WorkSafe at one of their campuses. Joe King, Group CEO of Phoenix, said, “As we notice contactless processes and safe distancing measures becoming the new normal due to the COVID-19 pandemic, we are confident that the features of Jumpree WorkSafe will bring enormous ease and efficiency.”
Smarten Spaces in November last year, announced the close of a $12M Series A investment round. The new investment was made by leading Asia investor Symphony International Holdings Limited (Symphony).
The Smarten Spaces platform is quite unique in the industry as it looks to fill the gap with a one-stop solution for space owners and managers to digitize and manage their space. The company believes that the goal of smart building technology is not necessarily to add sophistication but to identify and systematically eliminate the inefficiencies within the experience and workflows currently in place.
Since its launch back in 2017, Smarten Spaces has developed one of the world’s first end-to-end AI platform to disrupt a $19.9 billion smart space industry with current focus on enterprise offices, real estate developers, coworking, co-living and other spaces of work and leisure. The platform enables space owners to offer next-generation spaces that will improve productivity, reduce operational costs and offer conveniences to the end-users.
Anil Thadani, Chairman, Symphony International Holdings Limited said “This is our first investment in a SaaS company and we are looking forward to working with Dinesh and his team to grow the business, especially in the Real Estate and Hospitality industries where we have deep connections and significant investment experience.”
Dinesh Malkani, Founder & CEO, commenting on this important milestone in Smarten Spaces journey said, “We are delighted to have Symphony for our Series A investment. Their long-term view and portfolio of investments in real estate and consumer brands provide many synergistic opportunities as we expand Smarten Spaces across the Asia Pacific and North America within the rapidly growing Proptech industry.” Malkani added, “Our platform today provides the capability to provide intuitive user experience and optimize spaces. This lets us build the improved value of built spaces and long-term business relationships.”
“The whole of transaction process provided by Smarten Spaces property tech platform, points to the signs of the times where property agents must upgrade to keep up or die”, said Mr Paul Ho, chief mortgage officer of iCompareLoan.
He noted that many property agencies struggle to keep up with all the regulatory changes in the industry, as well as the changing financial calculations for acquiring a property. He urged property agents to master the basics in property financing, refinancing, taxation and CPF.
Mr Ho said that iCompareLoan.com runs a full 2 – 3 days course on how property agents can produce such reports for their customers. He added that the trademarked course teaches Property Agents how to generate complicated Financial calculations using – Home Loan Report (TM) – in 3 mins flat. This helps Property agents to close deals faster and serve customers more professionally.
The Home Loan Report tool is a Singapore’s first one-of-a-kind analysis platform that provides latest updates of detailed loan packages and helps property agents, financial advisors and mortgage brokers to analyse home loan packages for their clients and give unbiased home loan / commercial loan analysis for their property buyers and home owners.
As buyers of the future grow more discerning, agents cannot afford to just rely on their personality or their experience to attract clients. Buyers and sellers of the future will increasingly rely on agents to have knowledge on property finance calculations and this is where the Home Loan report comes in.
