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SmartRent

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Smart home automation for property managers and renters

Scottsdale, United StatesFounded 2017Energy
Valuation $100–500M Latest valuation · 2026
Revenue $100–500M Latest reported FY
EBITDA $1.3M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding

About SmartRent

SmartRent is a technology company that specializes in providing smart home automation solutions tailored specifically for multifamily communities, single-family rentals, student housing, and homebuilders. The company operates in the real estate technology market, focusing on integrating various smart home devices and property management systems into a cohesive platform. This integration helps property managers and owners streamline their operations, enhance security, and improve the living experience for residents.

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SmartRent's primary clients include property managers, real estate owners, and developers who manage multifamily units, single-family rentals, and student housing. These clients benefit from SmartRent's comprehensive suite of automation solutions, which include access control systems, maintenance management, leasing, and resident satisfaction tools. By centralizing these functions, SmartRent enables property managers to operate more efficiently and effectively.

The business model of SmartRent revolves around providing both hardware and software solutions. The company makes money through the sale of its smart devices, such as access control systems, and through subscription fees for its software platform. This platform offers data views and analyses that help property managers maximize their Net Operating Income (NOI) by increasing efficiency and creating positive experiences for both managers and residents.

SmartRent's solutions are designed to integrate seamlessly with existing systems, allowing for effortless data sharing and faster workflows. This integration is crucial for property managers who need to manage multiple aspects of their properties efficiently. The company's focus on customization ensures that each client receives solutions tailored to their specific needs, making SmartRent a trusted partner for top property owners.

In summary, SmartRent is a leading provider of smart home automation solutions for the real estate industry, helping property managers and owners enhance efficiency, security, and resident satisfaction through integrated technology.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Scottsdale, United States
Listing
Public via SPAC 2021
Sector
Energy
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Latest news

Press, funding announcements and product moves mentioning SmartRent.

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Investors

17 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • RET Ventures
  • Real Estate Technology Ventures

Series A3 investors entered at this stage

Series B and later12 investors entered at this stage

  • Spark Capital
  • Amazon Alexa Fund
  • Fifth Wall Ventures
  • Energy Impact Partners
  • Lennar
  • Fifth Wall Acquisition Corp I
  • Baron Capital
  • Long Pond Capital
  • Koch Industries
  • Invitation Homes
  • D1 Capital Partners
  • Conversant Capital
Team profiled 37 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States91.3%
🇮🇳 India8.7%
2 countries shown
Web traffic by country
190K monthly visits
across markets
🇺🇸 United States97.5%
🇨🇦 Canada1.5%
🇮🇳 India1.2%
🇬🇧 United Kingdom0.8%
🇫🇷 France0.3%
Top 5 markets shown

Patents

Estimated portfolio value
$121k

3 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SmartRent on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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