Sponsored By

AI Lean Raises $1.9M for Software Platform That Automates Self-Storage Lien Process

June 13, 2022

2 Min Read
AI Lean Raises $1.9M for Software Platform That Automates Self-Storage Lien Process

AI Lean Inc., which offers a software platform to help self-storage operators automate the lien-to-auction process, has closed a $1.9 million round of investment led by Launchpad Venture Group, a Boston-based angel-investment firm that provides funding to early-stage companies. AI Lean will use the funds to invest in product innovation and expand its “customer success” team, according to a press release.

The software-as-a-service (SaaS) platform uses artificial intelligence to streamline the self-storage lien-sale process. It integrates tenant communications and is designed to keep facility operators in compliance with local laws. The solution is compatible with most modern property-management software products used in the industry, the release stated. It’s targeted at users with 10 to 200 locations and offers a single, digital dashboard from which they can view and monitor accounts-receivable communication.

“AI Lean works for self-storage operators who are looking for smarter ways to manage their operations, especially in times of staff shortages and higher technology-driven competition,” said Victor De Las Casas, head of sales and marketing for AI Lean.

“AI Lean is a unique SaaS company in that it improves cash flow, increases revenue and lowers risk. That is rare,” said Ian Levine, a member and growth adviser with Launchpad. “We are excited to see the growth of AI Lean in self-storage and identify other verticals where it can adapt to be invaluable with the anticipated recession economy.”

Other investors in the round included Innouvo Capital Network, a Boston-based venture studio; and Beacon Angels, which invests in early-stage, fast-growing companies, according to the release.

“Self-storage is experiencing tremendous demand and simultaneously going through digital transformation very rapidly,” said Alistair Schneider, CEO and co-founder of AI Lean. “We are happy to be part of the ecosystem with our focused solution.”

Launched in 2020, AI Lean is based in Boston.

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like