About SmartRent
SmartRent is a company based in Scottsdale (United States) founded in 2017 by Lucas Haldeman. SmartRent has raised $137.57 million across 7 funding rounds from investors including Lennar, Fifth Wall and Essex Apartment Homes. The company has 494 employees as of December 31, 2024. SmartRent has completed 2 acquisitions, including SightPlan and iQuue. SmartRent offers products and services including Alloy Hardware, Resident App, and Access Control. SmartRent operates in a competitive market with competitors including ADT, Alarm.com, Nest, ecobee and Wyze, among others.
- Headquarter Scottsdale, United States
- Employees 494 as on 31 Dec, 2024
- Founders Lucas Haldeman
- Stage Public
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Sectors
Real Estate & ConstructionTechnology
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Smartrent, Inc.
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Annual Revenue
$174.88 M (USD)-26.16as on Dec 31, 2024
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Net Profit
-$33.64 M (USD)2.73as on Dec 31, 2024
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EBITDA
-$26.53 M (USD)23.77as on Dec 31, 2024
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Total Equity Funding
$137.57 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Lennar
& 9 more
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Employee Count
494
as on Dec 31, 2024
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Investments & Acquisitions
SightPlan
& 1 more
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IPO & Listings of SmartRent
SmartRent is a publicly listed company on the NYSE with ticker symbol SMRT in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of SmartRent
SmartRent offers a comprehensive portfolio of products and services, including Alloy Hardware, Resident App, and Access Control.
Hardware hubs, locks, and sensors for property automation
App for managing resident experiences and community access
System for cloud-based community protection and management
People of SmartRent
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Software Development Team
21 people
Sales and Marketing
11 people
Leadership Team
11 people
Account Team
6 people
Senior Team
5 people
Human Resources and Administration
4 people
Finance and Accounting
3 people
Product Management Team
3 people
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Funding Insights of SmartRent
SmartRent has successfully raised a total of $137.57M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SmartRent
SmartRent has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Lennar, Fifth Wall and Essex Apartment Homes.
| Investor | Description | Founded Year | Domain | Location |
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Spark Capital is engaged in venture capital investments.
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Investments are made in early-stage tech startups by Fifth Wall.
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Locked | Locked | Locked | |
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Venture capital fund focused on growth-stage startups
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Locked | Locked | Locked |
Investor details for SmartRent
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SmartRent
SmartRent has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SightPlan and iQuue.
Investment portfolio details for SmartRent
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IoT services are delivered by iQuue to support connected technologies.
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Locked | Locked | 2015 | Locked | |
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SaaS platform for multifamily building management is provided.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for SmartRent
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - SmartRent
Detailed financials for SmartRent
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Smartrent Comparisons
Peer comparison for SmartRent
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- Operating benchmarks
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Competitors of SmartRent
SmartRent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADT, Alarm.com, Nest, ecobee and Wyze, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based surveillance solutions for home and business security are provided.
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Cloud-based video intercoms and physical security systems are provided.
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Provider of hardware and software for monitoring home energy consumption
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| Locked | Locked | Locked |
Provider of smart thermostats for commercial and residential applications
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| Locked | Locked | Locked |
Cloud-based smart security cameras are manufactured for video surveillance.
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Cloud-based smart security cameras are manufactured for home use.
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Detailed competitors of SmartRent
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Smartrent
Complete news archive for SmartRent
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about SmartRent
SmartRent was founded in 2017 and raised its 1st funding round 1 year after it was founded.
SmartRent is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Lucas Haldeman is the current CEO of SmartRent. They have also founded this company.
SmartRent is a funded company, having raised a total of $137.57M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at SmartRent is 494.
Annual revenue of SmartRent is $174.88M as on Dec 31, 2024.
Founded in 2017 and based in Scottsdale, United States, SmartRent operates within the smart home technology sector for property management. Cloud-based platforms are employed to allow control over locks, cameras, lights, and thermostats by managers, owners, and renters. Maintenance requests are handled, asset performance is monitored, energy use is tracked, and repairs are scheduled. Predictive analytics for issues are supported, with oversight extended to multiple rental properties.
SmartRent offers Alloy Hardware, Resident App, and Access Control.
Yes, SmartRent is publicly traded on NYSE under the ticker symbol SMRT.
SmartRent has 10 investors. Key investors include Lennar, Fifth Wall, Essex Apartment Homes, United Dominion Realty Trust, and Spark Capital.
The ticker symbol of SmartRent is SMRT on NYSE.