SmartRent, Inc. SMRT

Company Overview

SmartRent, Inc. is a technology company operating in the property technology (PropTech) and Internet of Things (IoT) industries, focused on providing smart home and smart building solutions for the multifamily residential, single-family rental, student housing, and build-to-rent markets. The company develops an integrated platform that enables property owners and operators to remotely manage access control, energy usage, and in-unit devices, with the objective of improving operational efficiency, reducing costs, and enhancing resident experience.

The company generates revenue primarily through the sale of smart hardware, software subscriptions, and ongoing support services tied to its platform. SmartRent, Inc. was founded in 2017 and became publicly traded in 2021 following a merger with a special purpose acquisition company. Since its inception, the company has evolved from a hardware-centric offering into a more software- and services-oriented platform, positioning itself as an enterprise-scale solution for large property owners and operators seeking standardized smart home deployments across extensive portfolios.