EXCLUSIVE: La Rosa Holdings Unveils AI Expansion Strategy, Targets $100M Revenue Run Rate

Today, La Rosa Holdings Corp (NASDAQ: LRHC) announced that it intends to white-label its proprietary artificial intelligence (AI) system, JAEME. JAEME, part of La Rosa's My Agent Account, was launched in October 2023.

It is a real estate AI assistant created to support and inspire agents with personalized content to enhance marketing, efficiency, and sales.

JAEME experienced a 92.6% increase in utilization from October 2023 to March 2024, demonstrating substantial growth in user engagement.  

Also Read: EXCLUSIVE: La Rosa Expands With Jacksonville Franchise Acquisition, Reiterates $100M Revenue Run Rate Goal

This rise suggests that more individuals are actively using the system. The Company believes this growth is driven by increased awareness, improved features, and practical marketing efforts and indicates a growing user interest and more robust system adoption over time.

"We are currently developing multiple enhancements in My Agent Account, which we plan to unveil at our Tech Summit in October 2024. This includes a revamped agent onboarding experience, innovations in artificial intelligence, and improvements in transaction management tools," concluded Mr. La Rosa.

Price Action: LRHC shares closed higher by 6.38% to $1.50 at Monday.

Also Read: La Rosa Holdings’ Latest Acquisition Fuels Ambitious $100M Revenue Target

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