Just over a year ago, we set out on a mission to streamline the entire real estate ownership lifecycle with technology. With Stessa, we introduced an easy way for income property owners to track, manage, and communicate the performance of their portfolio, and today we are proud to announce the next step towards accomplishing our vision.
We are thrilled to share that Stessa has been acquired by JLL Spark, a division of JLL, a global leader in real estate and investment management. This is the first strategic acquisition by JLL Spark since its inception, and we couldn’t be more excited to be joining forces with them.
When we first built Stessa, we talked with hundreds of property owners like ourselves to understand the convoluted processes and numerous pain points associated with managing income properties. We developed a platform to reduce complexity and increase transparency, ultimately saving investors both time and money.
Our success is not possible without the ongoing collaboration of our customers as we continue to strengthen our platform and our ability to serve them. We will continue with this commitment to our customers as Stessa moves into this next phase of growth.
With the strength of JLL behind us, we can not only grow faster but also execute on our mission more quickly – accelerating product development, expanding our reach, and helping more real estate investors harness the benefits of technology. Additionally, JLL Spark understands and embraces startup economics, and the leadership has big plans to be at the forefront of the tech disruption that is just beginning to impact real estate. We are energized by the opportunity to collaborate with industry leaders who have successfully done it before.
We’re equally energized to expand our team while building on and maintaining our startup culture, which will be critical to our future success. We are actively hiring for a number of roles across our engineering, product & design, marketing, and customer success teams within our San Francisco-based headquarters, and we are looking to collaborate with people who are passionate about transforming real estate with technology. If you’re a superstar and are excited by our mission and potential, please check out our careers page to learn more!
We started by safely and securely providing insightful data visualizations, introduced workflow and analytics tools, and are delighted to automate back office operations for our premium customers. Going forward, we can’t wait to bring real estate investors smarter insights, greater value, and enable more informed decision-making. Thank you for joining us on this adventure, as we continue to help investors around the world.
Heath Silverman and Jonah Schwartz — Co-founders, Stessa