SmartRent

SmartRent

Smart home automation for real estate management

About SmartRent

Simplify's Rating
Why SmartRent is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Hardware

Enterprise Software

Real Estate

Company Size

201-500

Company Stage

IPO

Total Funding

$276.7M

Headquarters

Scottsdale, Arizona

Founded

2017

Overview

SmartRent offers smart home automation solutions tailored for multifamily communities, single-family rentals, and student housing. Their platform integrates smart devices and property management systems, helping property managers enhance efficiency, security, and resident satisfaction. Unlike competitors, SmartRent focuses on customization and seamless integration with existing systems, allowing for better data sharing and workflows. The company's goal is to improve operational efficiency and maximize Net Operating Income (NOI) for property owners.

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Simplify's Take

What believers are saying

  • SmartRent's inclusion in the 2024 Deloitte Technology Fast 500 highlights its rapid growth.
  • The launch of Alloy Fusion Hub showcases SmartRent's commitment to innovative smart home solutions.
  • Growing demand for smart home tech in remote work environments presents expansion opportunities.

What critics are saying

  • Ongoing securities fraud investigation could harm SmartRent's reputation and financial stability.
  • CEO transition may lead to strategic shifts, affecting operations and investor confidence.
  • Rapid tech advancements require SmartRent to continuously innovate to stay competitive.

What makes SmartRent unique

  • SmartRent offers tailored smart home solutions for multifamily and single-family rentals.
  • The company integrates smart devices with property management systems for seamless operations.
  • SmartRent's platform enhances security and efficiency for property managers and residents.

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Funding

Total Funding

$276.7M

Above

Industry Average

Funded Over

7 Rounds

Spac IPO funding comparison data is currently unavailable. We're working to provide this information soon!
Spac IPO Funding Comparison
Coming Soon

Benefits

Medical, dental, & vision coverage

Inclusive work environment

Generous PTO

401k

Employee stock purchase plans

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Fee Only News
Jan 27th, 2025
Wendy's is teaming up with Girl Scouts to mash up its signature Frosty with Thin Mint cookies

SmartRent (NYSE:SMRT) has appointed Michael Shane Paladin as its president and chief executive officer, with an expected start date of...

HR Tech Wire
Dec 12th, 2024
SmartRent Wins 2024 MHN Excellence Silver Award for Best Technology

SmartRent Wins 2024 MHN Excellence Silver Award for Best Technology

Stock Titan
Nov 25th, 2024
SmartRent Named to 2024 Deloitte Technology Fast 500(TM) List

SmartRent (NYSE: SMRT) has been named to the 2024 Deloitte Technology Fast 500(TM) list, ranking 335th among North America's fastest-growing technology companies, up from 357th in 2023.

Stock Titan
Nov 19th, 2024
SmartRent New Maintenance Dashboards Offer Advanced Performance Data Visualization to Smart Operations Platform

SCOTTSDALE, Ariz.-(BUSINESS WIRE)- SmartRent, Inc. (NYSE: SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the launch of its maintenance Dashboards designed to optimize property performance through expanded reporting functionality and enhanced visibility from the property level to portfolio managers.

Slice of Real Estate
Oct 9th, 2024
SmartRent Launches Next-Generation Alloy Fusion Hub

SmartRent unveils Alloy Fusion, an upgraded smart home Z-Wave hub.

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