About SmartRent
SmartRent is an enterprise home automation and internet of things platform for the multifamily industry.
Headquarters
SmartRent, Scottsdale
Founded
2017-01-01
Industry
Information Technology, Property Management, Rental Property, SaaS, Smart Home, Software
Last Funding Type
Post Ipo Equity
Valuation
2.2
Total Funding
$256.50 million dollars
IPO Status
Public
Financial
SmartRent's CEO has resigned, and the company has suspended its 2024 outlook, leading to a significant drop in stock price. Additionally, SmartRent has introduced the Alloy Deadbolt, a smart lock designed for rental housing. The company also reported a 32% year-over-year growth in SaaS revenue for the first quarter of 2024.
Funding Rounds
6
Number of Lead Investors
3
Total Funding Amount
$256.50 million dollars
Number of Investors
18