Spark Notes – March 28, 2024
Spark Notes – March 28, 2024
While JLL Spark discovers and invests in cutting-edge startups for clients, our venture studio, Spark X, takes JLL’s innovation strategy further by building solutions from the ground up. This hands-on approach enables a unique level of flexibility to address specific customer challenges.
Read more about the methodology of Spark X: Pioneering the future of corporate venture studios at JLL, by Spark X Partners Dave Feller and Leonard Speiser.
PORTFOLIO COMPANY UPDATES
What’s new with our startups
Juno plants seeds of mass-timber takeover in East Austin
Our portfolio company showcased its first completed development earlier this month at South by Southwest.
The Occupancy Intelligence Index
VergeSense publishes its third addition of the index on workplace patterns and employee needs.
Builtworlds 2024 Preconstruction Top 50
Alice Technologies is recognized as a leading solution for generating efficient construction scheduling for complex building projects.
Maximize ROI with real estate experience (REX) data
Learn how to leverage REX data to boost tenant retention and acquisition in a webinar with HqO and other CRE workplace experts.
April 10, 2024 | 2:00 PM – 3:00 PM ET
INVESTMENT ACTIVITY
New partnerships or follow-ons with our existing portfolio
Sertis secures $3.2M in funding to revolutionalize the multifamily insurance market
Congratulations to our newest portfolio company for successfully completing an oversubscribed seed funding round!
Sertis is a US-based, tech-driven multifamily insurance MGA (managing general agent), enabling owners to leverage their technology and operations investments to better price and place risk for their assets. For more info, please contact Ajey Kaushal, JLL Spark investor.
IN THE PRESS
Insights in the media from JLL
JLL collaborates with Jupiter Intelligence to deliver AI-powered climate risk analytics
The new collaboration adds physical climate risk modelling to JLL’s end-to-end real estate Decarbonization Strategy.
SEC finalizes groundbreaking climate disclosure rule
Download the latest JLL report to learn more about the requirements and how they impact CRE.
PROPTECH EVENTS
Connect with our team at the following events
RETCON
New York City, New York | April 1-3, 2024
Laurent Grill will attend.
Proptech Workshop at Bonny Doon
Bonny Doon, California | April 17, 2024
Raj Singh will speak on the panel “Applying AI in the Built Environment.”
CREtech London
The Magazine London | May 8-9, 2024
Christian Ulbrich and Raj Singh will open the event with a discussion on the transformative impact of AI on CRE. Arnaud Bouzinac and Sean Wright will attend.
LA First Look Retreat
Los Angeles, California | May 9, 2024
Laurent Grill will attend.
INDUSTRY NEWS
Learn more about the current landscape of PropTech investing
A new surge in power use is threatening U.S. climate goals
nytimes.com | March 14, 2024
AI driving U.S. power growth forecast by 81%, NextEra says
bloomberg.com | March 18, 2024
From offices that look like Apple stores to private call booths, here are 5 ways your workplace is changing
businessinsider.com | March 19, 2024
Office real estate value likely to plunge 26% through 2025: Moody’s
constructiondive.com | March 25, 2024
The office market is in turmoil. So why are rents more expensive?
wsj.com | March 26, 2024
To learn more about JLL Spark, visit our website or email us at contact@spark.jll.com.
Interested in potential investment from JLL Spark? Apply here.