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SmartRent
Smart home automation for property managers and renters
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.
Read full description
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.
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.
Investors
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
Bain Capital Ventures
Starwood Capital Group
Essex Property Trust
Series B and later12 investors entered at this stage
Spark Capital
Amazon Alexa Fund
Fifth Wall Ventures
Energy Impact Partners
Lennar- FIFifth Wall Acquisition Corp I
Baron Capital
Long Pond Capital
Koch Industries
Invitation Homes
D1 Capital Partners
Conversant Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Patents
3 active patent families included in this estimate.
A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.
Market sentiment
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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