Janover’s new insurtech platform hits profitability and boosts revenue by 60% in May
- October 19, 2025
- Posted by: Taylor Mixides
- Category: Insurance
Janover Inc., a provider of AI-powered solutions for commercial real estate transactions, has recently shared an update on its insurtech subsidiary, Janover Insurance Group.
Launched in March 2024, Janover Insurance achieved profitability by May 2024. During that period, its monthly recurring revenue increased by more than 60% compared to April 2024.
Blake Janover, CEO of Janover, said: “We officially launched Janover Insurance in March and we are proud to report that it achieved profitability in May, increasing our total recurring revenue, which includes revenue attributed to recurring Insurance and Groundbreaker subscription products, by more than 60% month over month.”
The rise in insurtech revenue led to a 5% increase in overall annual recurring revenue (ARR) from the previous month. This ARR is mainly driven by recurring revenue from the recent Groundbreaker acquisition and Janover Insurance.
Janover continued: “May revenue from Janover Insurance represents approximately 65% of our monthly Groundbreaker revenues. This is a validation of the economic viability of our insurtech platform and further demonstrates our customers’ demand for a superior insurance offering for their properties and businesses.
“Janover Insurance has already been licensed in several states and we are building out our digital infrastructure to insert our insurance offerings throughout our funnel and sales processes while building out new customer acquisition channels.”
“In May, Janover Insurance generated its first month of revenue, accounting for approximately 40% of the total monthly revenue from our core subscription business. We believe the insurance business will be a meaningful addition to our platform delighting our clients and improving the quality and predictability of our revenue,” concluded Janover.
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