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With those of Fika, Navitas and Clocktower
LOS ANGELES, Oct. 27, 2023–(BUSINESS WIRE)–Blox, the financial AI automation company for real estate, today announced the launch of its all-in-one software platform. Blox uses device learning to automate key accounts receivable related to accounts. tasks, adding audit, refunds, payments, messaging, disputes, agreements, and bank treasury.
Blox is founded by real estate generation veteran Derek Merrill, who in the past founded LeaseLock, installed in approximately 500,000 apartment buildings. Blox has closed a pre-seed investment from Fika Ventures, Navitas Capital, and Clocktower Technology Ventures. Navitas is anchored in strategic investment real estate corporations such as AvalonBay, Equity Residential, Greystar, and Invitation Homes.
Blox is designed to help rental asset operators centralize monetary operations for efficiencies while also generating a real estate NOI. The platform’s AI features are based on real estate datasets, allowing for individualized payment plans, email and SMS notifications, custom deal offers, and other accounts receivable automations. All features are controlled from a single pane of glass through a centralized resource, allowing site groups to participate in key real estate initiatives.
“The existing market is forcing asset control corporations to boost their long-term operating models,” said Derek Merrill, CEO and founder of Blox. “Software is needed to enable transformation, and Blox is excited with operators to achieve this.
“We are excited to partner with Blox, led by a visionary founder applying AI and devices to implement a broader money generation platform for the built world,” said TX Zhuo, General Partner at Fika.
Blox is pre-integrated with all primary asset control systems, adding RealPage, Yardi, Entrata, MRI, and ResMan. For more information, visit bloxbot. com.
About Blox:
Blox is the monetary AI automation for real estate. Our all-in-one software platform helps rental asset operators automate key tasks related to accounts receivable, adding audits, refunds, payments, messaging, disputes, settlements, and bank treasury. Blox is designed to help asset control corporations centralize their operations and build, increase efficiency, and at the same time increase real estate NOI.
See the businesswire. com edition: https://www. businesswire. com/news/home/20231027807099/en/
Contacts
Lindsey HollandVice President of Customer ServicesBlox Platforms Inc. lindsey@bloxbot. com