SmartRent

SmartRent

Smart home automation for property management

About

SmartRent offers smart home automation solutions tailored for multifamily communities, single-family rentals, and student housing. The company integrates smart devices and property management systems into a single platform, helping property managers streamline operations and enhance security. SmartRent stands out by providing both hardware and software solutions, allowing for seamless integration and customization to meet specific client needs. The goal is to improve efficiency and resident satisfaction while maximizing Net Operating Income for property owners.

Company Stage

IPO

Employees

201-500

Industries

Hardware, Enterprise Software, Real Estate

Total Funding

$276.7M

Headquarters

Scottsdale, Arizona

Founded

2017


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Simplify's Take

What believers are saying

  • Growing demand for smart home tech in multifamily housing boosts SmartRent's market potential.
  • AI and IoT integration enhances operational efficiencies and resident experiences.
  • New maintenance dashboards and Alloy Fusion Hub improve property performance and user experience.

What critics are saying

  • Potential securities fraud investigation could harm SmartRent's reputation and finances.
  • CEO transition may cause strategic shifts or instability within the company.
  • Increased competition in smart home automation could pressure market share and pricing.

What makes SmartRent unique

  • SmartRent offers tailored smart home solutions for multifamily and single-family rentals.
  • The company integrates AI and IoT for enhanced property management efficiency.
  • SmartRent's platform centralizes access control, maintenance, and leasing for streamlined operations.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%

Benefits

Medical, dental, & vision coverage

Inclusive work environment

Generous PTO

401k

Employee stock purchase plans

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