SmartRent: Home automation company providing software for property owners and home builders.

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SmartRent’s field staff installs selected hardware and performs platform activation, providing training and assistance for staff and residents. SmartRent claims to be an enterprise software company, but it would be more accurate to say that it aspires to be an enterprise software company. Most of its revenues still come from selling hardware and providing professional services, which involve training, installation, and other customer support services.

Smartrent – Housingwire

SmartRent’s automation platform to power a new range of residential experiences for the UK property manager. Erixon is a member of Avison’s Executive Committee and leads its Investment Committee. She is a founding member of both the Sustainability and Fund Governance committees of REALpac and participates in its CEO council. She serves on the Ontario Board of the Nature Conservancy of Canada, the ULI Responsible Property Investing Council, the Carbon Impact Initiative, and MIT’s Educational Council. As a recognized industry leader in real estate technology, greening strategies and smart cities, she has advised public agencies, pensions and governments on issues ranging from affordable housing to ecological urbanism.

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  • He has been extensively featured in media such as Fox Business News, and The New York Times, and writes a regular monthly column for National Real Estate Investor.
  • Since its inception five years ago, SmartRent has expanded its software platform and hardware portfolio to address all facets of real estate operations, helping more than 447 customers protect their assets and save millions of dollars in operational costs.

It’s all remotely managed using the company’s smart home operating system, Community Manager, and software through a central-connected device called Smart Hub. For instance, a typical SmartRent rental unit or rental home may come with a Smart Hub, smart locks, thermostat, and leak sensors. It’s not easy to maintain market leadership, especially in the dynamic consumer tech product market. It’s a bit easier in the B2B space because once a customer has committed millions of dollars to a particular technology – like genetic sequencing hardware or surgical robotics – it’s more difficult and expensive to justify buying the newest toy. So let’s look at the self-described market leader in the enterprise smart home solutions industry, SmartRent , a five-year-old IoT company based outside of Phoenix, Arizona.

Customers

In addition to the resident, the property owner can also choose how to manage the unit, by granting or separating access to external contractors for specified time slots and duration. SmartRent has integrated their software with our Edge Device hardware which is part of their Alloy Access stand alone access control system. Request a personalized quote to get started with our all-in-one smart building platform.

Two of its biggest customers accounted for nearly 25% of revenues last year. They also happen to be limited partners of an investor in SmartRent, with more than 20% ownership in the company. The company must also prove that it can integrate its new acquisitions and cross-sell solutions to those customers. With SmartRent, we see this as the first application within a Build to Rent development that can benefit the Investor’s margin while truly improving the rental experience for the tenant. SmartRent features an extensive platform that allows the operators to manage their buildings in a more efficient manner while constantly improving resident experience. Developments utilising SmartRent can offer their tenants the opportunity to truly have more comfort from and personalisation of their home. We think of ourselves as real estate professionals first and technologists second and to that end there is no better epicenter for commercial real estate than the great Phoenix valley.

“We are excited about bringing SightPlan on to the SmartRent platform; the alignment of our open-API solutions creates a powerful combination for real estate operators,” said Lucas Haldeman, CEO of SmartRent. SightPlan provides solutions services for more than 160 real estate owners and managers.

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The SightPlan team will join SmartRent as employees, and SightPlan will continue to run its operations from its Orlando, Florida office. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Styles and fashion may change, but there are some things that remain timeless and that includes the growing number of retro inspired loudspeakers entering the consumer market. Nick Boever is the former editor of DesignWell and current Web Editor of CE Pro. With a focus on wellness and sustainability, he is constantly searching for new and emerging technologies improving the health and wellbeing of people and the planet through the built environment. In his off-time he can be found in the workshop, writing, or relaxing at the top of a mountain.

Prior to joining Fifth Wall, Dylan was an Engagement Manager at McKinsey, where he drove impactful marketing and sales transformation initiatives for Fortune 500 companies. Dylan also previously led pricing and M&A efforts at Edcon, the largest apparel retailer in southern Africa. Power Moves If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Join and network with a global community of innovators by sharing your success story with the world. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users.

Whether you develop, own, or manage apartments or single family homes, our … CJ Edmonds leads the revenue growth of the business through new customer acquisition, customer expansion, and customer retention. Prior to joining SmartRent, he ran the sales organization at G5 for nine years, delivering digital marketing solutions to the real estate sector. There he had a consistent track record of 25%+ YOY growth and was integral in growing the company from $4M to $40M ARR.

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