Launching GenAI-Driven Rental Management SaaS

Industries

Real Estate

Artificial Intelligence

Tech & TOOLS

UI, Prototypes, Python (FastAPI), ReactJS, AWS Bedrock, AWS DynamoDB, AWS Aurora, AWS Fargate

Teams & Services

BackEnd, FrontEnd & Mobile, 

DevOps, ML, Architecture & UI/UX Design

milestones

2023: Partnered with Loka, Design Sprint & Prototype

2024: GenAI Workshop with Loka, Market Launch

Industry

Real Estate

Artificial Intelligence

Tech & TOOLS

UI, Prototypes, Python (FastAPI), ReactJS, AWS Bedrock, AWS DynamoDB, AWS Aurora, AWS Fargate

Teams & Services

BackEnd, FrontEnd & Mobile, 

DevOps, ML, Architecture & UI/UX Design

milestones

2023: Partnered with Loka, Design Sprint & Prototype

2024: GenAI Workshop with Loka, Market Launch

Cortado’s mobile interface uses AI to streamline every facet of property rental.

The goal

Cortado is a mobile-based property-rental platform that allows property managers---from Airbnb hosts to long-term landlords---to consolidate operations and scale their businesses.

By harnessing the power of GenAI, Cortado automates easy interactions such as password requests and maintenance needs while soliciting human attention for more nuanced situations. By allowing property managers to delegate automation or respond personally, the platform centers trust and transparency for guests while giving managers ultimate control of their properties.

The challenge

Cortado came to Loka for a GenAI-powered prototype that would capture investor attention and secure additional funding for its property-rental platform.

Right away Loka saw that communications functions such as email and text messaging could be elevated and optimized. We believed we could make maximum impact by integrating divergent channels into a single inbox and automating most types of messaging.

From there Loka and Cortado developed an AI Copilot that automated 90% of in-app messaging and designed an interface to visually represent it. Imbuing a human touch and maintaining user trust in these automated systems was essential---this is the hospitality industry, after all---and would benefit from the nuanced responsiveness of GenAI.

The Solution: AI Suite with Custom Property Insights

Loka's AI/ML experts worked with Cortado's founders and engineering team to build a cutting-edge SaaS product from the ground up, delivering unmatched functionality and efficiency.

By using the app, managers and guests enrich the AI knowledge base and control settings tailored to each property, including formality, confidence levels and optional AI disclaimers, ensuring personalized interactions.

The Solution: Optimized Inbox for Enhanced Guest Interaction

A streamlined inbox interface features top-filter buttons so managers can swiftly toggle between distinct categories: Booking Inquiries, Future Reservations, Current Reservations (for in-house guests) and Past Reservations, with further filtering by property/listing. The inbox is further augmented with concierge tools for in-house and future guests and sentiment analysis capabilities that enhance engagement.

The Solution: Performance Insights Hub, Improving Guest Experience

The Analytics Dashboard offers property managers a comprehensive overview of performance metrics. Here they can track message volumes, gauge average response times and measure guest satisfaction scores seamlessly, helping them make better decisions over time.

It All Began With a Design Sprint

Loka invited Cortado to join a collaborative design sprint, and together we arrived at early iterations of the AI Copilot and consolidated inbox.

We organized the sprint into three intensive workshops that brought together designers and stakeholders.

How it Unfolded

The first goal of the design sprint was to gain a clear understanding of user objectives and needs.

Throughout the sprint Loka and Cortado engaged in brainstorming sessions, sketching exercises and lightning demos.

Outcomes and Learnings

By the end of the sprint, we’d designed different options and arrived at one final prototype that met all client requirements. The design sprint led to wildly creative ideas while fostering a culture of collaboration and creativity between teams.

“Hey team--fantastic workshop this morning! Harry and I had a ton of fun and found our design-thinking sprint was tremendously informative. Looking forward to the next session 🙂”

Perry Griffith
Co-founder & CEO, Cortado

Journey Through AI-Enhanced Property Management

What we delivered

Loka worked with Cortado to devise a fully functioning MVP that seamlessly incorporates GenAI functionality in the AI Copilot. Additionally, Loka created a demo video showcasing the platform's capabilities, with the goal of generating excitement at conferences, events and investor meetings. From what Cortado has shared with us, it’s working.

As Cortado gears up for the development phase, they’ll continue collaborating with Loka, leveraging our design expertise to enhance the platform's functionality and user experience.

By empowering property managers like never before, Loka and Cortado are setting a new standard for intelligent rental management and revolutionizing the entire industry worldwide.

Cortado App
DESIGN SYSTEM

The results

Cortado is on course to revolutionize property-rental management.

0-1

Loka developed Cortado’s bespoke GenAI RAG application specifically for the hospitality-industry use case

27,000+

Properties that joined Cortado’s pre-launch pilot program and signed under LOI since contracting with Loka

700%

Increase in number of conversations with potential investors since contracting with Loka

40%

Contract value subsidized by AWS Activate funding program

Cortado’s Timeline to Market Launch

2021

Founded

2023
Cortado partners with Loka

Design sprint, Product design engagement

2024

Generative AI Workshop

SaaS product buildout

June 2024

Market launch

“You’ve given Cortado an amazing starting place for future development, and we’re incredibly excited to see where the software goes from here.”

Dom Scandinaro
CTO, Cameo